Florida-Mortgage-Lenders.com is a leading Ortona, Glades County Florida FHA Mortgage Company. All situations welcome.
What is an Florida FHA Mortgage? FHA mortgages have been helping Ortona, Glades County Florida people become homeowners since 1934. Ortona, Glades County Florida FHA mortgage loans are backed by the FHA which is short for the Federal Housing Administration. FHA insures the FHA mortgage loan so Ortona, Glades County Florida mortgage lenders can offer easier loan qualifying and lower down payment FHA mortgage options.
ORTONA, GLADES COUNTY FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:
• Ortona, Glades County 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.
ORTONA, GLADES COUNTY FLORIDA FHA MORTGAGE LOANS ARE EASY TO QUALIFY FOR BECAUSE YOU CAN:
• Purchase a Ortona, Glades County Florida home 12 months after a chapter 13 Bankruptcy
• Purchase a Ortona, Glades County 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.
• Ortona, Glades County 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.
ORTONA, GLADES COUNTY 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 Ortona, Glades County 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 Ortona, Glades County Florida homebuyers obtained Mortgage Loans with 0% down payment and reduced loan documentation requirements. After the crash, as Fannie Mae and other Ortona, Glades County Florida mortgage lenders retreated from these riskier loan products, FHA stepped in Ortona, Glades County Florida FHA Home Loans became the only option for borrowers with a lowdown payment and less than perfect credit.
HOMES FOR SALE IN ORTONA, GLADES COUNTY FLORIDA
ORTONA, GLADES COUNTY FLORIDA FHA APPROVED CITY DATA
ORTONA, GLADES COUNTY FLORIDA:
Ortona is an unincorporated area and a populated place in Glades County in the U.S. State of Florida.
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About the City of Ortona, Glades County
One of the area’s attractions is the Ortona Mounds and the hiking trail through that area. The prehistoric mounds, canoe canals and earthworks were constructed by Native Americans across a 5-square-mile region along the north side of the Caloosahatchee River. The site is located on SR 78 north of LaBelle, Florida