Is the FHA Fixed Rate a Good Idea?

The FHA does not want you discriminating against convicted felons, it sounds like against anybody. So let's go see a simple example. The loan I'm approved for is $100,000 but I don't take any of it yet. How does it work in this scenario? You've got three options today. And so I might have a two and a half percent loan where my ceiling's 7.5% or my ceiling could actually be 12.5%.