Florida-Mortgage-Lenders.com is a leading Palm Beach Farms Florida FHA Mortgage Company. All situations welcome.
What is an Florida FHA Mortgage? FHA mortgages have been helping Palm Beach Farms Florida people become homeowners since 1934. Palm Beach Farms Florida FHA mortgage loans are backed by the FHA which is short for the Federal Housing Administration. FHA insures the FHA mortgage loan so Palm Beach Farms Florida mortgage lenders can offer easier loan qualifying and lower down payment FHA mortgage options.
PALM BEACH FARMS FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:
• Palm Beach Farms 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.
PALM BEACH FARMS FLORIDA FHA MORTGAGE LOANS ARE EASY TO QUALIFY FOR BECAUSE YOU CAN:
• Purchase a Palm Beach Farms Florida home 12 months after a chapter 13 Bankruptcy
• Purchase a Palm Beach Farms 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.
• Palm Beach Farms 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.
PALM BEACH FARMS 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 Palm Beach Farms 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 Palm Beach Farms Florida homebuyers obtained Mortgage Loans with 0% down payment and reduced loan documentation requirements. After the crash, as Fannie Mae and other Palm Beach Farms Florida mortgage lenders retreated from these riskier loan products, FHA stepped in Palm Beach Farms Florida FHA Home Loans became the only option for borrowers with a lowdown payment and less than perfect credit.
HOMES FOR SALE IN Palm Beach Farms FLORIDA
Palm Beach Farms FLORIDA FHA APPROVED CITY DATA
Palm Beach Farms FLORIDA:
Palm Beach Farms (formerly West Palm Beach Farms) is an unincorporated community in Palm Beach County, Florida, United States.
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About the City of Palm Beach Farms
The population is unknown, however. This town is similar to Southwest Ranches because of its semi-rural landscape. The property sizes are mostly an acre large. Major hoghways throughout the community are SR 80/US 98, Florida’s Turnpike, Jog Road, and US 441/SR 7.