Florida-Mortgage-Lenders.com is a leading Hibernia Florida FHA Mortgage Company. All situations welcome.
What is an Florida FHA Mortgage? FHA mortgages have been helping Hibernia Florida people become homeowners since 1934. Hibernia Florida FHA mortgage loans are backed by the FHA which is short for the Federal Housing Administration. FHA insures the FHA mortgage loan so Hibernia Florida mortgage lenders can offer easier loan qualifying and lower down payment FHA mortgage options.
HIBERNIA FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:
• Hibernia 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.
HIBERNIA FLORIDA FHA MORTGAGE LOANS ARE EASY TO QUALIFY FOR BECAUSE YOU CAN:
• Purchase a Hibernia Florida home 12 months after a chapter 13 Bankruptcy
• Purchase a Hibernia 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.
• Hibernia 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.
HIBERNIA 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 Hibernia 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 Hibernia Florida homebuyers obtained Mortgage Loans with 0% down payment and reduced loan documentation requirements. After the crash, as Fannie Mae and other Hibernia Florida mortgage lenders retreated from these riskier loan products, FHA stepped in Hibernia Florida FHA Home Loans became the only option for borrowers with a lowdown payment and less than perfect credit.
HOMES FOR SALE IN HIBERNIA FLORIDA
HIBERNIA FLORIDA FHA APPROVED CITY DATA
Hibernia is an unincorporated community in Clay County, Florida, United States. It is located off US 17, on the western bank of the St. Johns River. It is the home of historic St. Margaret’s Episcopal Church and Cemetery.
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About the City of Hibernia
The community takes its name from Hibernia, the classical name for Ireland.
A U.S. post office was established at Hibernia on June 19, 1849, but its name was changed on October 17, 1853 to Magnolia Mills, and on July 30, 1866, it was changed to Green Cove Springs. The Hibernia post office was reestablished on February 16, 1855, and remained open until May 15, 1931, when it was closed and the area assigned to Green Cove Springs.