Nearly a Quarter of Harvey FEMA Applications in Texas Are Being Denied – After Porfirio Deleon’s house in southeast Houston flooded. still grappling with damaged homes and property who, at least for now, stand to receive little help from FEMA. More than 23 percent of.Interest Only Mortgages: Rates, Qualifications & Providers – An interest only mortgage features monthly payments that only cover the interest and don’t include repayment of the principal loan amount. The principal is refinanced or repaid by the end of the term.including online applications. "Quicken Loans the largest FHA lender in the country," says Banfield. "People like the ease of application through technology, which makes it easier to transact." It’s.