FHA mortgage FLorida, FHA home loan Florida, 97% Finanacing
Saturday, July 10th, 2010All about FHA Loans – Buying a Florida Home is easy with FHA. The FHA loan program was created to help Florida homebuyers qualify for home. The FHA mortgage program makes buying a Florida home easier and less expensive than other types of Florida home loan programs. Some highlights of the FHA loan program include: Minimal Down Payment and Closing Costs. Florida buyers only need a Down payment less than 3.5%. Gifts from Family and Friends for down payment OK! No reserves or money saved in the bank is required. FHA regulated closing costs. Seller can credit up to 6% of sales price your costs. Easier Credit Qualifying Guidelines such as: Minimum FICO credit score of 530. FHA will allow a home purchase 2 years after... Read more »