Florida-Mortgage-Lenders.com is a leading Holmes Valley Florida FHA Mortgage Company. All situations welcome.
What is an Florida FHA Mortgage? FHA mortgages have been helping Holmes Valley Florida people become homeowners since 1934. Holmes Valley Florida FHA mortgage loans are backed by the FHA which is short for the Federal Housing Administration. FHA insures the FHA mortgage loan so Holmes Valley Florida mortgage lenders can offer easier loan qualifying and lower down payment FHA mortgage options.
HOLMES VALLEY FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:
• Holmes Valley 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.
HOLMES VALLEY FLORIDA FHA MORTGAGE LOANS ARE EASY TO QUALIFY FOR BECAUSE YOU CAN:
• Purchase a Holmes Valley Florida home 12 months after a chapter 13 Bankruptcy
• Purchase a Holmes Valley 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.
• Holmes Valley 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.
HOLMES VALLEY 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 Holmes Valley 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 Holmes Valley Florida homebuyers obtained Mortgage Loans with 0% down payment and reduced loan documentation requirements. After the crash, as Fannie Mae and other Holmes Valley Florida mortgage lenders retreated from these riskier loan products, FHA stepped in Holmes Valley Florida FHA Home Loans became the only option for borrowers with a lowdown payment and less than perfect credit.
HOMES FOR SALE IN HOLMES VALLEY FLORIDA
HOLMES VALLEY FLORIDA FHA APPROVED CITY DATA
HOLMES VALLEY FLORIDA:
Holmes Valley is an unincorporated community in Washington County, Florida on State Hwy 279. It was founded in 1848 after federal troops pursued Creek Indian Chief Holmes there and killed him on the spot.
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About the City of Holmes Valley
In 1857 native pine was used to build a tiny, primitive church, the Moss Hill Methodist Church in Holmes Valley. Hand-planed tongue-and-groove planks were laid down, and wooden nails and square pegs were used in its construction. The pulpit furniture and pews were hand-hewn.
Today the church remains almost unchanged and remains without heat or electricity. However, it was the second building in the county to have glass windows. It sits in a clearing surrounded by dense woods.
It is open to the public as a historical monument.