FHA loans were first introduced into the mortgage lending marketplace back in 1934 in an attempt to establish standard guidelines banks could follow that also came with a government-backed guarantee. Prior to this introduction, lending guidelines were essentially all over the map and many potential homeowners were left out of …Read More
First Time Home Buyers
Florida Government Mortgages: FHA Vs USDA
We often get the question of which government program would be better, FHA or USDA? A quick search on the internet will give you a general view of each program’s benefits. Most of them suggest the USDA loan would be the better choice, assuming you meet the two key eligibility …Read More
New FHA student loan change
NOTE: please see updated 2021 rules on student loans here. New FHA student loan changes coming: FHA announced some positive changes coming to the way student loan debt is calculated by lender and banks. The old FHA loan policy for student loan debt required mortgage companies to calculate a monthly payment …Read More
VA Home Loan Manatee, Hillsborough County
Did you know that Florida has many eligible veterans in Hillsborough and Manatee County with full VA housing benefits. Many of them don’t even take advantage of this wonderful benefit. The VA home loan offers current active duty service members and vets huge benefits not seen in other conventional loan …Read More