FHA home loan Florida, FHA mortgage Florida,
December 24, 2009 – 8:58 pmFHA home loan Florida, FHA mortgage Florida, Florida FHA Loans have many advantages over other financing programs including:
Minimal Down Payment and Closing Costs.
•· Down payment less than 3% of Sales Price
•· 100% Financing options available
•· No reserves or required.
•· FHA regulated closing costs.
•· Seller can credit up to 6% of sales price towards buyers costs.
Easier Credit Qualifying Guidelines such as:
•· No minimum FICO score or credit score requirements.
•· FHA will allow a home purchase 2 years after a Bankruptcy.
•· FHA will allow a home purchase 3 years after a Foreclosure.
Easier Debt Ratio & Job Requirement Guidelines such as:
•· Higher Debt Ratio’s than other home loan programs.
•· Less than two years on the job is allowed.
•· Self-Employed individuals o.k.
Apply for an FHA loan at www.FHAmortgageFHALoan.com
FHA Home Loans for Purchasing a Florida Home
Although Florida FHA home loans require additional paperwork, the reality is that applying for an FHA mortgage loan in Florida is not much different from applying for conventional financing. In fact, for many borrowers the small amount of e