Author: Five Reasons Why FHA Loans are the Choice for Florida homebuyers.
1.Low fixed interest rates
2.Low down payments
3.Minimal closing costs
4.Simple credit qualifying
5.Lower monthly mortgage payment
Whether you are looking to buy a new Florida home or are interested in refinancing your current Florida mortgage, FHA Mortgage FHA Loan.com is here to serve you. You will experience one-on-one, personalized attention from a knowledgeable FHA mortgage Specialist who will carefully walk you through the FHA home loan process one step at a time.
Other FHA loan Advantages Include:
Minimal Down Payment and Closing Costs.
- Down payment less than 3.5% of Sales Price
- Gift for down payment and closing costs allowed.
- 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:
- Minimum FICO credit score of 540.
- 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 TODAY AT www.FHAmortgageFHALoan.com,
FHA mortgage Loans: Helping You Secure Your Future
It’s official: the U.S. economy is in recession. Its hard for many to qualify for a conventional mortgage. Money is stretched tight for the majority of Americans, which leaves many to ask “How can I lower my monthly bills?” The answer could be an FHA home loan. An FHA loan is ideal for Florida first-time homebuyers, borrowers with less than perfect credit, and for Florida homeowners looking to save money by refinancing their current Florida mortgage into one with lower interest rates and smaller monthly payments. Let us help you with your Florida home purchase or Florida FHA mortgage refinancing needs!
www.FHAmortgageFHALoan.com, Article Source:http://www.articlesbase.com/mortgage-articles/five-reasons-why-fha-loans-are-the-choice-for-florida-homebuyers-1583768.html
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