FHA recently announced some great news for homebuyers using the loan program in 2024. The loan limits have increased nationwide and start at $524,225 and up for a single 1-unit property. Home buyers can view the new 2025 FHA loan limits here. The FHA mortgage program offers many advantages for homebuyers seeking to purchase a home with little down payment.
Some of the FHA program’s advantages include:
- Minimum 3.5% down payment. *100% FHA financing with approved down payment for eligible homebuyers.
- Closing costs that can be paid by the home seller
- Low fix interest rates – some of the lowest available today
- Lower credit qualifying requirements
- Generous loan amount limits
Read more about FHA loans here, please contact us today to learn more by calling (904) 342-5507 or just submit the Quick Request Form on this page.