Florida-Mortgage-Lenders.com is a leading Muce Florida FHA Mortgage Company. All situations welcome.
What is an Florida FHA Mortgage? FHA mortgages have been helping Muce Florida people become homeowners since 1934. Muce Florida FHA mortgage loans are backed by the FHA which is short for the Federal Housing Administration. FHA insures the FHA mortgage loan so Muce Florida mortgage lenders can offer easier loan qualifying and lower down payment FHA mortgage options.
MUCE FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:
• Muce 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.
MUCE FLORIDA FHA MORTGAGE LOANS ARE EASY TO QUALIFY FOR BECAUSE YOU CAN:
• Purchase a Muce Florida home 12 months after a chapter 13 Bankruptcy
• Purchase a Muce 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.
• Muce 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.
MUCE 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 Muce 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 Muce Florida homebuyers obtained Mortgage Loans with 0% down payment and reduced loan documentation requirements. After the crash, as Fannie Mae and other Muce Florida mortgage lenders retreated from these riskier loan products, FHA stepped in Muce Florida FHA Home Loans became the only option for borrowers with a lowdown payment and less than perfect credit.
HOMES FOR SALE IN MUCE FLORIDA
MUCE FLORIDA FHA APPROVED CITY DATA
Muce is a town in Glades County, Florida, United States
About the City of Muce
It is located between the Babcock-Webb Wildlife Management Area and State Road 29 and south of County Road 720, east of Punta Gorda and north of Alva. Often considered the 4 corners area where Charlotte, Glades, Lee & Hendry Counties conjoin.
Muce is located at 26°49’39?N 81°29’46?W (26.8275, -81.4961)