Better debt/investment solutions?
the question you be be asking yourself is do I really care if I pay off or pay down my mortgage over a given period of time? Although you have an excellent rate of your 7/1 arm you materially don't get a benefit from reducing your debt quicker. Over time you would have more money if you were to invest the...

Does a RD Loan have PMI ?
No, Rural Development loans insured by USDA does not have PMI.

Can our house ever be foreclosed wth an FHA Loan?
There are no such loans with guaranteed no foreclosure. Yes, HUD is the federal agency which insures these loan through FHA. Please contact me directly for further information on FHA loans. Brian Blonder EagleBank (240) 406-1146 or bblonder@eaglebankcorp.com.