By far the mortgage programs with the greatest market share in Florida are conventional loans. Conventional loans are typically underwritten by guidelines established by both Fannie Mae and Freddie Mac, but technically they are loans that do not come with a government-backed guarantee to the lender, including VA, FHA and USDA home loans. With a […]
Florida
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 from the standard FHA 203b loan. The 203K allows home buyers to purchase a home without using their […]
Clay County VA Loan Advantage
The VA mortgage offers many advantages for Clay County home buyers looking to purchase a home. Below we will discuss some VA loan advantages. Homebuyers in Fla, GA, – please contact us at 904-342-5507 with any questions or to learn more. 100 FINANCING – NO DOWNPAYMENT Nearly all mortgage programs today require you to […]
VA Loan Refinance Options St Johns County
Veterans in St. John’s County around St. Augustine, etc have some great VA refinance options available today. Depending on your current needs and equity position, The VA IRRRL Streamline refinance or Cash Out refinance could make sense. It’s no secret VA interest rates are still near all-time low levels. Now be a great time to […]
FHA Loans Plant City, Florida
In 1934, Congress introduced the National Housing Act which established universal lending guidelines banks could follow. These new guidelines formed the Federal Housing Administration which set forth lending guidelines banks could follow. The FHA loan has since become the loan of choice for those buying in Plant City, Florida who prefer a loan program that […]