Are you a Florida home buyer searching for a minimum down payment home loan in a more populated Florida location? Take a look at the FHA Home Loan at www.FhaMortgageSource.com The FHA home loan is a great option for Florida home buyers looking to purchase a home in the major metro cities with little down payment required. Some of the benefits of FHA home loans include –
- FHA home loans are secure and backed by the US Government and have NO prepayment penalty.
- Home buyers can use gift funds from family to help pay for down payment and closing costs expenses.
- Closing costs can also be paid by the seller of the home – up to 6%.
- Qualifying for a FHA loan with lower credit scores is possible. *Please note, current min. required credit score is 620 for max 96.5% financing*
- FHA home loans are secure fixed terms at low market interest rates. Interest rates are pretty much the same conventional loans that require a large down payment.
- No household income restrictions.
- No property location restrictions.
- FHA home loans are for ANY new & existing single family residence, townhome or FHA approved condo. The property being purchased can be a regular sale, short sale, foreclosure, etc. Co-signers and non-occupying home buyers are also permitted.
FHA Mortgage Source is Florida’s leading resource for all FHA Government home loans. Serving all of Florida 7 days a week, including Palm Beach County, Broward County and Monroe County – Please call us at 800-743-7556 or visit us online at www.FhaMortgageSource.com to learn more about FHA home loans here in Florida.