Benifits to the FHA mortgage outweigh any other mortgage loan

 The FHA mortgage loan is a loan insured by the Federal Housing Administration and may be issued by federally qualified Florida mortgage lenders. FHA loans historically allowed lower income Americans to borrow money for the purchase of a Florida home that they would not otherwise be able to afford. These FHA loan programs however have become a lot more mainstream and popular after the subprime mortgage foreclosure crisis.

Apply for an FHA loan at http://www.fhamortgagefhaloan.com/

Here are just a few reasons why Florida Homebuyers and homeowners should consider an FHA loan.

Minimal Down Payment and Closing Costs.

•·  Down payment less than 3.5% of Sales Price

•·  100% Financing options available

•·  No reserves or required.

•·  FHA regulated closing costs.

•·  Seller can credit up to 6% of sales price towards buyers costs.

Easier Credit Qualifying Guidelines such as:

•·  No minimum FICO score or credit score requirements.

•·  FHA will allow a home purchase 2 years after a Bankruptcy.

•·  FHA will allow a home purchase 3 years after a Foreclosure

Easier Debt Ratio & Job Requirement Guidelines such as:

•·  Higher Debt Ratio’s than other home loan programs.

•·  Less than two years on the job is allowed.

•·  Self-Employed individuals o.k.

Apply for an FHA loan at http://www.fhamortgagefhaloan.com/

Benefits of FHA-insured mortgage loans  include lower costs (federal backing makes for competitive interest rates); smaller down-payment requirements, FHA loans require only 3.5 percent down); and easier qualification (with FHA insurance, Florida lenders are often more willing to craft loan terms that make it easier for you to qualify).

Even if you have less-than-perfect credit, you may qualify for an FHA-insured mortgage loan . And if you run into hard times later, the FHA mortgage has many assistance options designed specifically to keep you and your family in your Florida home.

 The FHA Home Loan allows borrowers to mortgage up to 97% of the purchase price or appraised value of their Florida home. FHA Home Loan is one of the few lenders that offer mortgages for borrowers even with poor credit. So whether you need to refinance your Florida mortgage up to 95% of its value or if you are looking to purchase a Florida home with little or no money down, FHA Home Loan can help make your dreams possible!

FHA Home Loan understands that applying for a FHA Mortgage can often seem overwhelming. Our unique FHA mortgage Loan Application to Approval process was created to help you seamlessly and efficiently obtain the best mortgage rate and closing cost.

If you are in the market for a FHA Mortgage  loan or need a FHA Loan refinancing, then take a minute and Request A Quote now and almost immediately you will receive an FHA Home Loan quote delivered right to you, from one of our licensed FHA Loan professionals.

Leave a Reply