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
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
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
Florida First Time Home Buyer Loans Every Florida home buyers should know the many advantages that come with an FHA mortgage loan. FHA loans were created during the great depression to help increase home ownership. For the Florida mortgage applicant the FHA program can simplify the purchase of a Florida home, making financing easier and … Read more
FHA Loan Florida The FHA home loan is a very popular route for Florida first time homebuyers. But it’s not reserved only for Florida first time home buyers. You can buy your third or fourth Florida home with an FHA home loan. The only stipulation is that you may only have (1) one FHA … Read more