An FHA loan can be the solution to monetary concerns or problems

Financing a Florida Home with the FHA Whether you are purchasing a new Florida home or renovating a house, or simply making your current Florida home to make it more energy efficient. An FHA loan can be the solution to monetary concerns or problems. Since being established in the early 1930s, the FHA Loan has aimed to assist all people to live in their dream homes, be it in Florida or elsewhere in the United States, through FHA loan and FHA mortgage assistance. Time tested and government backed, there are no excuses to pass up a FHA loan. The largest percentage of a person's life is spent in their house. A FHA loan makes sure that time is well spent. The FHA does not lend money, however serves as insurance to lenders so you can obtain a mortgage or loan to renovate or purchase a house. With rates as low as 3% of the purchase price of the home, and some programs that require no money down, the benefits of an FHA loan outweigh its costs. 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 at www.FHAmortgageFHALoan.com Florida is a beautiful state full of beautiful Florida homes. The dream of owning a Florida home may seem difficult, but with thanks to the Federal Housing Administration, that dream is not an impossibility. We can help you become a Florida homeowner with the help of an easy, hassle-free FHA loan. Our site is full
of useful FHA information, and friendly customer service should any questions arise. Take a look around at make the smart decision of a choosing a FHA mortgage loan.

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