Article by Matt Miller – The Real Estate Investor Buying rental property is supposed to provide you with long term passive income and increased net worth. If purchased at a good price with good terms, even the most challenging tenants will prove to be only a minor inconvenience on your way to real estate investing … Read more
Florida homebuyers can qualify for an FHA Loan with A Credit Score below 580 FICO! If you’re a Florida homebuyer has a credit score below a 580 it might be extremely hard to get a FHA loan in this current lending market. But there are other options for Florida homebuyers when it comes to getting … Read more
FHA Manufactured home loans Florida 97%w 580 FICO Under the Title I program, Florida FHA approved lenders make loans from their own funds to eligible borrowers to finance the purchase or refinance of a Florida manufactured home and/or lot. FHA insures the Florida mortgage lender against loss if the borrower defaults. Credit is granted based … Read more
FHA Mortgages Loans down to a 530 FICO Purchasing a new Florida home is exciting. Finding the right Florida home for you and your family requires a great deal of work and decision making. And, finding just the right FHA mortgage is just as important as finding the right home. Many Florida first time homebuyers … Read more
This is the breakdown of the FICO Score: -35% Payment History – 30% Amount Owed -15% Length of Credit History -10% New Credit -10% Types of Credit Used The Payment History section takes up the biggest portion of the score and that’s also the part that is sensitive to delayed payments, in fact, the better … Read more