WHO IS ELIGABLE FOR AN FHA HOME LOAN? FHA home loans have been helping Florida homebuyers become homeowners since 1934. How does FHA help? The Federal Housing Administration (FHA) – which is part of (HUD), provides FHA mortgage insurance to insure private FHA mortgage lenders to protect them against loss. The mortgage insurance allows private … Read more
Should FHA home loans be more expensive? The federal FHA mortgage insurer’s reserve fund has slipped below its mandated minimum. Now the FHA and some lawmakers want to raise the minimum requirements- FHA loan Advantages Include: Minimal Down Payment and Closing Costs. Down payment less than 3.5% of Sales Price Gift for down payment and … Read more
Miami FHA Mortgage Loans – Buying a Miami Home using a FHA Loan The FHA mortgage loan program was created to help increase homeownership. The FHA program makes buying a home easier and less expensive than other Miami FL mortgage loan programs. Just few key advantages to FHA home loans are Minimal Down … Read more
Miami FHA Home Loans -((97% W/530 FICO)) Buying a Miami Home using a FHA Mortgage Miami Dade County Mortgage Providing mortgage solutions for real estate buyers and owners throughout the Miami Dade county area. Like many home buyers and homeowners looking for a mortgage in Miami and Dade county, 1st Continental Mortgage has weathered the storm and … Read more
The Federal Housing Administration (FHA) runs several FHA Bad Credit mortgage programs to promote home ownership in Florida. In most cases, Bad Credit FHA home loans are mortgages obtained with the help of the FHA. With a small down payment today only 3.5%, Florida Bad Credit homebuyers buyers can purchase a home. FHA loans make … Read more