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FHA Loans

Gainesville FHA Loan Down Payment & Loan Limits Newly Updated

FHA loans continue to be one of the most popular mortgage choices for homebuyers in Gainesville and Alachua County. The Gainesville housing market has remained robust and increasing with average home values hovering around $292,000. First time home buyers make up a large percentage of Florida borrowers today and FHA loans provide needed low down […]

First Time Buyer Florida FHA Loans

Florida buyers are surprised to learn the FHA loan was introduced back in 1934 and is still the top mortgage program for those purchasing their first home. And while FHA is not reserved only for first-time home buyers there are some reasons why it’s a good deal for those wanting to come to the closing […]

Memphis FHA Mortgage Home Purchase Steps

Purchasing a home with an FHA mortgage can be a nervous experience for most homebuyers, especially first-time buyers. Below we will outline some important steps of the FHA loan process for Memphis homebuyers. Please visit the loan program section of the website to learn more about FHA loan qualifying requirements. The FHA loan limit for […]

FHA Loan Guide Charlotte Home Buyers

An FHA loan may be best described as a mortgage that is issued by an approved qualified lender or bank, and subsequently insured by the Federal Housing Administration, or the “FHA” as it’s more popularly known. As a general rule, all FHA loans are specifically designed for Charlotte home buyers that may not be in a […]

Georgia FHA Loan Benefits

The Georgia FHA mortgage has become the first choice for the majority of first-time homebuyers in Georgia. The Georgia FHA loan program offers several benefits, keeping in mind the budget constraints of most homeowners who are interested in buying their very first home. Compared to most conventional mortgage loans, the FHA loan facilitates the buying […]

North Carolina First Time Buyer Approval Process

Buying your first home can be both exciting and scary at the same time.  At the very first mention of buying your first home, suddenly there are real estate agents, insurance agents, friends and mortgage lenders who seem to appear willing to help. Yet knowing you want to buy your first home and finding out […]

Tampa FHA 203K Mortgage Loan

The FHA 203k is offered by the Federal Housing Administration, via approved FHA lenders and allows homebuyers in Tampa to purchase a fixer-up property with as little as a 3.5% down payment.  This mortgage program is different than the standard FHA 203b loan. The 203K allows home buyers to purchase a home without using their […]

New Changes For FHA Home Buyers With Student Loans

FHA recently announced new guidance for new applicants that have student loans. The new guidelines help to remove obstacles and provide more access to affordable single-family FHA-insured mortgage financing for creditworthy home buyers that have student loan debt. This is great news since the majority of the FHA loan applicants are first-time buyers with already […]

Jacksonville FHA Loan Benefits

The Jacksonville housing market is going strong in 2023 with increased buying activity. Home values have increased 24% in the last year, for a median sales price of $300,000. More first-time homebuyers are now entering the market and looking for mortgage options that offer manageable terms with a low down payment. FHA financing fills this […]

Richmond FHA Home Lending Requirements

Prior to the introduction of the FHA mortgage program way back in 1934, lending guidelines were inconsistent. Prior to the FHA loan, banks could ask for 30 or 40 percent or more for a down payment. Buyers also had to have a standing relationship with the bank. Mortgage loans were issued for a relatively short […]

Conforming and FHA Loan Limits Increase For 2021

UPDATE: Please find the NEW 2023 CONFORMING LOAN LIMITS UPDATED HERE. Conforming and FHA loan limits are increasing for 2021. The higher mortgage limits will allow home buyers to qualify for more when needed. Below we will break down the latest 2021 loan limits. Please contact Coast2Coast Lending 7 days a week with questions by […]

Recent FHA Mortgage Changes – Impact to Buyers

The mortgage industry has been going through some rapid changes due to the impacts of COVID-19.  We have witnessed extremely volatile interest rate movements, along with many loan program changes in recent weeks. In this post, we will discuss some recent FHA changes and there impact on buyers looking to purchase a home. FHA Credit […]

USDA, FHA and VA Loan Guarantees Explained

There are three government-guaranteed mortgages available today. They are the USDA, FHA and VA loan programs and each is designed for a specific type of borrower or situation. They’re called guaranteed because the lender that made the loans is compensated for part or all of the loss should the loan ever go into foreclosure. A […]

Texas FHA Mortgage Benefits For First Time Buyers

Texas FHA mortgages are a great choice for many first time home buyers in Dallas, Houston, San Antonio, etc. The FHA program provides several benefits, keeping in mind the budget difficulties of many homeowners who are considering purchasing their first home. Compared to most traditional mortgage loans, the FHA loan eases the process for the […]

FHA Loan Guide For Daytona Beach Home Buyers

The FHA home loan continues to be a popular home financing option for home buyers in Daytona Beach.   But it’s important for buyers to understand what they are getting. Being a Government-backed program, the FHA mortgage is one of the most conservative mortgages available today.  Low down payment of only 3.5%,  No prepayment or early […]

Atlanta FHA Loan Benefits First Time Buyers

Georgia FHA loans are a popular choice for many first time home buyers in Atlanta. The FHA mortgage program provides several benefits, keeping in mind the budget difficulties of many homeowners who are considering purchasing their first home. Compared to most traditional mortgage loans, the FHA mortgage loan facilitates the process for the applicant. In […]