Bad credit plus FHA loans in all Florida including Oakland Park FL Broward County FL, Coral Springs Florida Bad credit mortgage lenders serving all Broward including: Coconut Creek , Coral Springs, Dania, Davie, Deerfield Beach, Everglades Parkway,Fort Lauderdale, Hallandale, Hollywood, Lauderdale Lakes, Lauderhill, Miramar, Pembroke Pines, Plantation, Pompano Beach,Miramar, Southwest Ranches Sunrise, Tamarac, West Park, Weston.
Oakland Park Florida is located in Broward County, Florida and has a population of about 10,714. It is part of the Miami–Fort Lauderdale–Pompano Beach MSA. The city has a total area of 8.1 square miles. Oakland Park Florida bad credit mortgage programs include
Oakland Park applicants don’t realize that FHA mortgage loans can help Broward County Florida homebuyers with bad credit. If you have a bad credit past and your looking for a Broward County mortgage an FHA loan may be your best option. Advantages Include:
FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:
- Down payment only 3.5% of the purchase price.
- Gifts from family or Grants for down payment assistance and closing costsOK!
- Seller can credit buyers up to 6% of sales price towards buyers costs.
- No reserves or future payments in account required.
- FHA regulated closing costs.
FLORIDA FHA MORTGAGE LOANS ARE EASY TO QUALIFY FOR BECAUSE YOU CAN:
- Purchase a Florida home 12 months after a chapter 13 Bankruptcy
- Purchase a 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.
- 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.
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 Articals for more information.
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OAKLAND PARK HOUSING DATA
Population in 2012: 42,832 (100% urban, 0% rural). Population change since 2000: +38.3%
Males: 22,737 (53.1%)
Females: 20,095 (46.9%)
Median resident age: 38.8 years
Florida median age: 40.3 years
Zip codes: 33334.
Estimated median household income in 2012: $43,119 (it was $35,493 in 2000)
Oakland Park: $43,119
Estimated per capita income in 2012: $23,732
Estimated median house or condo value in 2012: $132,712 (it was $92,300 in 2000)
Oakland Park: $132,712
Mean prices in 2011: All housing units: $174,697; Detached houses: $204,308; Townhouses or other attached units: $163,381; In 2-unit structures: $98,946; In 3-to-4-unit structures: $216,637; In 5-or-more-unit structures: $104,312; Mobile homes: $38,478
Median gross rent in 2012: $1,056.