First time home buyers in Florida still have plenty of options when choosing the best home loan for them. Government home loans offer many benefits including secure fix low rates, no pre payment penalty and minimum down payments. The USDA and VA home loan are the only two mortgages in Florida that still offer 100% financing. Please continue to read the blog here and visit our primary web site at www.UsdaMortgageSource.com to learn more about the USDA loan basics. The USDA loan is available to all Florida home buyers looking to purchase a home in a rural approved location.
The FHA home loan is probably the most widely used Government home loan option. The FHA mortgage does require a 3.5% minimum down payment, but can be used in any location. To learn more about the benefits of the FHA loan in Florida, please click here.
USDA Mortgage Source is Florida’s leading first time homebuyer resource. Serving all of Florida 7 days a week (including Tallahassee FL, Ocala FL, Orlando FL, Tampa FL, Gainesville FL and Jacksonville FL) please call us at 904.302.6060 to learn more about any program listed above. You can also submit the quick information request form to the right side of your screen to fast assistance!