Thomas Martin FHA Mortgage Specialist http://www.fhamortgageprograms.com/mortgage/fha-loan-program.shtml http://www.fhamortgageprograms.com/mortgage/home-buyer-loan.shtml http://www.floridamlshub.com/
ow can FHA Help me buy a Florida home?
FHA insured mortgages offer many benefits and protections that only come with an FHA mortgage:
Easier to Qualify: Because FHA insures your Florida mortgage, lenders may be more willing to give you loan terms that make it easier for you to qualify.
Less than Perfect Credit: You don't have to have a perfect credit score to get an FHA mortgage. In fact, even if you have had credit problems, such as a Florida bankruptcy or a past Florida foreclosure, it's easier for you to qualify for an FHA loan than a conventional loan.
Low Down Payment: FHA loans have a low 3.5% down payment requirement lower than any other mortgage program and that money can come from a family member, employer or charitable organization as a gift. Other loan programs don't allow this.
Costs Less: FHA loans have competitive interest rates because the Federal government insures the loans. Always compare an FHA loan with other loan types.
Helps You Keep Your Home: FHA mortgage loans have been around since 1934 and will continue to be here to protect you. Should you encounter hard times after buying your Florida home, FHA has many options to help you keep you in your home and avoid foreclosure.
FHA does not provide direct financing nor does it set the interest rates on the Florida mortgages it insures. For the best interest rate and terms on a Florida mortgage, you should compare Florida mortgages from several different Florida mortgage lenders. In order to initiate the loan application process, please contact us at www. FHAmortgagePrograms.com.
A Florida FHA mortgage may be used to purchase or refinance a new or existing 1-4 family Florida home, a Florida condominium unit or a Florida manufactured housing unit (provided the manufactured housing unit is on a permanent foundation).
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