Each day we receive many questions from homebuyers about the Hometown Heroes Program, please find the most common list of FAQs below. Please connect with us with any questions, or to start your application today. Buyers can also read the complete Hometown Heroes Program Guide here. Question: Who is eligible …Read More
FHA Home Loan News, Tips & Information
Big Boost To FHA Home Buyers With Student Loans
Some great news was recently announced for home buyers that have student loans. FHA along with the Biden administration is easing FHA lending rules to give borrowers that have student loans a better chance of qualifying for a home loan. The Federal Housing Administration (FHA) announced changes to its student …Read More
Buyers Tax Returns: What FHA Lenders Require
Whether you’re self-employed or you have an employer, FHA loan guidelines require the lender to review recent federal income tax returns. Even if you get paid the very same amount on the 15th and 30th of each and every month, you can expect to be asked for copies of your …Read More
Lakeland FHA Home Loan Review
The FHA home mortgage program is a great home loan for Lakeland Florida home buyers looking to purchase in 2025. The FHA still requires only 3.5% for a down payment, which is perfect for buyers that have little savings for a down payment. It’s tough for most entry-level buyers to …Read More
Roof requirement for the FHA mortgage loan
Among the most frequently asked questions that figure on most people’s minds when it comes to borrowing an FHA loan pertain to FHA appraisals and the minimum qualifying criteria for the roof of the borrower’s home. For this purpose, the appraiser is assigned with the responsibility of evaluating the home …Read More
FHA Loans Only 3.5 Percent Down Homestead Florida
For those that are not VA home loan eligible but still want or need a mortgage loan that requires as little cash as possible, the FHA loan should be a likely candidate for properties located in Homestead, Florida or Miami-Dade County. Back in 1934, in an effort to jump-start the …Read More
First Time Buyer USDA Loan
Florida First time home buyers across the nation can still obtain 100% home financing thanks to the USDA 502 Guarantee Loan Program. The USDA loan requirements are the same for all states, and any USDA loan expert will know how to quickly identify approved USDA houses in your area. Below, …Read More
FHA HUD $100 Down Program
The FHA loan program has helped millions of buyers unlock the door to homeownership over the years through minimum down payment mortgage options. With the recent housing market crash about five years ago, options for 100% home financing have pretty much evaporated. In fact today there are only a few …Read More
Jacksonville FHA Lending Loan Limits, Guidelines
The FHA (Federal Housing Administration) is the largest insurer of mortgages in the world, backing over 34 million properties since the 1930’s. FHA provides mortgage lenders with insurance on all loans funded in refinancing or purchasing a home. Mortgage companies are in a sense protected or insured should a buyer …Read More
Gainesville, Ocala FHA Mortgage Loan Application
Florida first-time homebuyers in Gainesville and Ocala often ask about the FHA loan application process, and what to expect. Below we have outlined some useful information that details each step of the application process. Buyers should be aware of what is needed before applying for an FHA mortgage, as well …Read More