"In 2005, more than 500,000 FHA loans were made nationwide -- and 2005 was a slow year for the FHA program," says Peter G. Miller, author of The Common-Sense Mortgage and a columnist syndicated in more than 80 newspapers.

"The surprising thing about the FHA program is that while borrowers make ongoing insurance payments, some of that insurance money can be refunded to borrowers," Miller explains. "The problem is that so-called 'tracers' want big fees to find refunds, a needless cost since any borrower can apply for a refund without charge.

In his latest column, Miller shows how the FHA loan program works, who is eligible for a rebate and who is not. No less important, Miller explains how to get rebate money without paying fees to anyone.

Established in 2000, Mortgage Lenders Plus.com provides a unique online destination for borrowers seeking to finance or refinance real estate. Mortgage loan requests worth nearly $10 billion have been processed on the site, and that number grows each day. The company is not a mortgage lender , broker or escrow agent; instead it provides an unequaled marketplace where you can match your needs and wants with nearly 200 competing mortgage lenders. For news about FHA loans, lenders, equities and home values, please visit www.mortgage-lenders-plus.com .

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