Florida is a beautiful state full of beautiful Florida homes. The Florida dream of owning a Florida home may seem difficult, but with thanks to the Federal Housing Administration, that dream is not an impossibility. We can help you become a Florida homeowner with the help of an easy, hassle-free FHA loan. Our site is full of useful information, frequently asked questions, and friendly Florida customer service should any questions arise. Take a look around at make the smart decision of a choosing a Florida FHA loan.
Florida home buyers should know the many advantages of the FHA mortgage loan programs. FHA loans were created to help increase home ownership. For the Florida home buyer the FHA program can simplify the purchase of a home, making financing easier and less expensive than a conventional mortgage loan product. Some highlights of the Florida FHA loan program include:
Minimal Down Payment and Closing costs.
Down payment less than 3% of Sales Price Gifts are allowed Seller can credit up to 6% of sales price towards closing and prepaid costs. 100% Financing available No reserves required. FHA regulated closing costs.
Easier Credit Qualifying Guidelines such as:
No minimum FICO score or credit score requirements. FHA will allow a home purchase 1 year after a Bankruptcy. FHA will allow a home purchase2 years after a Foreclosure.
To take advantage of the FHA program in Florida, give us a call 1-800-570-0448 or use our quick application to find out more about the many FL mortgage programs we can make available. Or Apply now for a FL FHA home loan.
Whether you are purchasing a new Florida home, renovating an existing Florida home, or simply making your current Florida home more energy efficient, an FHA home loan can be the solution to monetary concerns or problems. Since being established in the early 1930s, the FHA Home loan has aimed to assist all Florida mortgage to live in their dream homes, be it in Florida or elsewhere in the United States, through the FHA home loan and mortgage assistance. Time tested and government backed, there are few excuses to pass up a FHA Home loan.
The largest percentage of a person’s life is spent in their Florida home. The FHA loan makes sure that time is well spent. The Federal housing administration does not lend money, however it serves as mortgage insurance to private FHA mortgage lenders so you can obtain a mortgage or loan to renovate or purchase a Florida house. With rates as low as 4.75% % of the purchase price of the home, and some programs that require no money down, the benefits of using an FHA loan to purchase your next home outweigh its costs.