The FHA loan program is a mortgage loan that is insured by the Federal Housing Administration (FHA). The federal government insures loans for FHA approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments. In addition to FHA, the federal government also has …Read More
jacksonville
FHA Streamline Refinance, Rates Still Low
Florida FHA Interest Rates are back down near all time lows, and the lowest we have seen in over a year. Homeowners in Jacksonville, Miami, Tampa and Orlando – now may be the time to refinance your FHA mortgage if you missed the last opportunity when rates were this low. …Read More
FHA Loan Application Pre Approval
Many Florida home buyers today are often in search of a limited down payment loan solution. The FHA mortgage still remain on the top choices for home buyers that have less than 20% down payment. Understanding the FHA loan approval process is very important if you plan on getting an FHA home …Read More
FHA By the Numbers – FHA Becoming the Top Mortgage Program
Low down payment home loans are becoming very limited for Florida homebuyers today. One bright light in these desperate times is coming from the Federal Housing Administration. Starting out from the ashes of the Great Depression in the 1930’s, its primary function was to provide insurance for lenders. Private mortgage …Read More