Florida-Mortgage-Lenders.com is a leading Eaton Park Florida FHA Mortgage Company. All situations welcome.
What is an Florida FHA Mortgage? FHA mortgages have been helping Eaton Park Florida people become homeowners since 1934. Eaton Park Florida FHA mortgage loans are backed by the FHA which is short for the Federal Housing Administration. FHA insures the FHA mortgage loan so Eaton Park Florida mortgage lenders can offer easier loan qualifying and lower down payment FHA mortgage options.
EATON PARK FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:
• Eaton Park FL Down payment only 3.5% of the purchase price.
• Gifts from family or Grants for down payment assistance and closing costs OK!
• Seller can credit buyers up to 6% of sales price towards buyer’s costs.
• No reserves or future payments in account required.
• FHA regulated closing costs.
EATON PARK FLORIDA FHA MORTGAGE LOANS ARE EASY TO QUALIFY FOR BECAUSE YOU CAN:
• Purchase a Eaton Park Florida home 12 months after a chapter 13 Bankruptcy
• Purchase a Eaton Park Florida 24 months after a chapter 7 Bankruptcy.
• FHA will allow a FHA mortgage 3 years after a Foreclosure.
• Minimum FICO credit score of 580 required for 96.5% financing.
• Eaton Park Bad credit Florida FHA mortgage approvals minimum FICO credit score of 530 required for 90 FHA financing.
• No Credit Score Florida mortgage loans & No Trade Line Florida FHA home loans.
EATON PARK FLORIDA FHA MORTGAGE LOANS ALLOW HIGHER DEBT TO INCOME & EASIER JOB QUALIFYING:
• FHA allows higher debt ratio’s than any other Florida home loan programs.
• Less than two years on the same job is OK!
• Self-employed buyers can also qualify for FHA.
• Check Florida FHA Mortgage Articles for more information.
During the Eaton Park Florida Housing Boom the FHA Mortgage had become an uncommon mortgage loan product because of the plentiful supply of credit including Subprime, Conventional, and Fannie Mae. Many Eaton Park Florida homebuyers obtained Mortgage Loans with 0% down payment and reduced loan documentation requirements. After the crash, as Fannie Mae and other Eaton Park Florida mortgage lenders retreated from these riskier loan products, FHA stepped in Eaton Park Florida FHA Home Loans became the only option for borrowers with a lowdown payment and less than perfect credit.
HOMES FOR SALE IN EATON PARK FLORIDA
EATON PARK FLORIDA FHA APPROVED CITY DATA
EATON PARK FLORIDA:
Eaton Park is an unincorporated community in Polk County, Florida, United States. Eaton Park is located on U.S. Route 98 3.3 miles (5.3 km) southeast of Lakeland. Eaton Park has a post office with ZIP code 33840.
EATON PARK FLORIDA FHA CITY DATA:
Area: 0.262 square miles
Eaton Park: 1,509 people per square mile
Lakeland: 2,151 people per square mile
Median rent in 2011:
Eaton Park: $698
Zip codes: 33803.
This neighborhood: 25.4 years
Whole city: 39.4 years
This neighborhood: 30.3 years
Whole city: 44.8 years
Average household size:
Eaton Park: 3.0 people
Lakeland: 2.4 people
Percentage of family households:
Eaton Park: 69.1%
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