Florida Mortgage lenders .com provide Florida first time home buyers and current Florida home owners the ability FHA Mortgage home with less than 3.5% down payment or FHA refinance a Florida home up to 96.5% of the home value. Research Florida home loan programs which help you to buy a Florida home. Also, learn about FHA minimum credit requirements, or get pre approved today. Florida-Mortgage-Lenders.com will show you the advantages of how to qualify for an Florida FHA Mortgage if you have bad credit , no credit or a Florida mortgage with collections and judgements!
KEY POINTS TO THIS MORTGAGE PROGRAM
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 580required for96.5%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 Articles for more information.