Florida FHA 203k- Florida Rehabilitation Loans The Federal Housing Administration (FHA), under Section 203k, will insure Florida FHA loans that include rehabilitation (rehab loans) and repair costs in the amount borrowed from an independent Florida mortgage lender. FHA does not lend money, but they insure private Florida mortgage loans based on their specific underwriting guidelines. … Read more
Florida FHA Information from a Florida FHA mortgage Lender Why choose an FHA mortgage over another loan program? There are lots of good reasons why Florida homebuyers and Florida homeowners choose an FHA-insured loan over a conventional or subprime mortgage loan, especially if one or more of the following apply to you: You’re a Florida … Read more
FHA home loans are alternatives to conventional financing for your next Florida home purchase. The FHA (Federal Housing Administration) helps to make low cost home loans available to thousands of new and current Florida homeowners every year. FHA home loans require minimal down payments of only 3.5% and the interest rate is typically slightly lower … Read more
Florida FHA loan Information from an FHA lender An FHA loan is a federal insured mortgage loan that is made by a private Florida mortgage lender that is insured by the Federal Housing Administration. The FHA loans are only provided by federally qualified lenders. FHA loans have historically allowed lower income Floridians to borrow money … Read more