Jacksonville FL FHA Mortgage Lenders

Jacksonville Florida FHA Mortgage Lenders 

Jacksonville, Florida, FHA mortgage lenders make homeownership an exciting possibility.  Instead of relying solely on credit scores for approvals, these Jacksonville, FL, FHA mortgage lenders use a common-sense approach that reviews overall payment history. This means qualifying for an FHA Mortgage in Jacksonville, Florida is highly probable even if you have bad credit in the past.
Florida FHA Mortgage Lenders Topics: 

FHA-Mortgage-Lenders-Hollywood Florida 

FHA Mortgage Lenders Offer

Lower Down Payments

Qualified with as little as a 3.5% down payment – Jacksonville, FL Downpayment Assistance Options.

Flexible Credit Requirements

FHA Mortgage with lower credit scores, starting at 500+ based on payment history.

Better Interest Rates

Govt Insurance makes FHA loans, with interest rates highly competitive.

Florida FHA 100% Options 

FHA mortgage offers qualified homebuyers 100% financing options

4C FHA Mortgage Checklist 

Reasons FHA Mortgages Are Easier:

• FHA minimum 580 score = 3.5% down or 96.5% financing.
• FHA  minimum 500+ credit score = 10% Down
• FHA  purchase 12 months after a Chapter 13 Bankruptcy 
• FHA purchases 24 months after a Chapter 7 Bankruptcy.
• FHA  purchase 3 years after a Foreclosure.  
• No Credit Score Approvals using alternate trade lines.
• FHA Cashout Refinance Up To 80% loan-to-value!

Jacksonville FHA Florida Service Areas Include

Orange Park, FL – Atlantic Beach, FL – Lakeside, FL – Jacksonville Beach, FL – Palm Valley, FL – Fernandina Beach, FL – Saint Augustine, FL – Palatka, FL –  Palm Coast, FL – Lake City, FL – Gainesville, FL – Brooklyn, FL – San Marco, FL -College Park, FL – South Jacksonville, FL -Brentwood, FL -Riverside, FL -Saint Nicholas, FL -Talleyrand, FL – Philips, FL – Phoenix Park, FL – Grand Park, FL – Floral Bluff, FL – Pearl Court, FL – Norwood, FL – South Metro, FL – Murray Hill, FL – Eggleston Heights, FL

FHA Mortgage Questions And Answers

1. Can a person have more than one FHA mortgage loan? Borrower may be eligible to obtain another FHA-insured Mortgage without being required to sell an existing Property covered by an FHA-insured Mortgage if the Borrower is:
   • relocating or has relocated for an employment-related reason; and
   • establishing or has established a new Principal Residence in an area more than 100 miles from the Borrower’s current Principal Residence.
   • The Borrower has had an increase in legal dependents, and the Property now fails to meet family needs; and
   • The Loan-to-Value (LTV) ratio on the current Principal Residence is equal to or less than 75% or is paid down to that amount, based on the outstanding Mortgage balance and a current residential appraisal

Read More FHA mortgage questions and answers. Click Here

Jacksonville FHA Florida FHA Lending Limits