Jacksonville Florida FHA Home Loan Providers
Jacksonville Florida FHA mortgage lenders offer flexible financing options to FHA refinance or purchase with a minimum down payment of 3.5% and the most lenient FHA credit requirements. FHA mortgage lenders often approve people with collections and bankruptcies. These FHA mortgage loans also allow for co-signers and may be eligible for 100% Florida FHA mortgage financing.
Florida FHA Home Loan Topics:
FHA-Mortgage-Lenders-Hollywood Florida
Jacksonville Florida FHA Home Loan Benefits
Lower Down Payments
Qualified with as little as a 3.5% down payment – Jacksonville FL 100% FHA Mortgage 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 Home Loan Approval Checklist
| 1. CASH | Min 580 credit score qualifies for 3.5% down with 100% Jacksonville, Florida, FHA mortgage options available. Or, a 10% downpayment is required if your credit score is between 500 – 579. The seller can pay up to 6% of the closing costs. This must be requested in your purchase contract. |
| 2. CREDIT | Minimum 500+ credit score – based on payment history, not credit score driven. |
| 3. CAPACITY | debt-to-income: Standard 31/43 – Max DTI 46.9-56.9% with AUS approval |
| 4. COLLATERAL | Single-family homes, multi-family 2-4 units, townhomes, villas, FHA-approved condos, manufactured, modular homes. |
Reasons FHA Home Loans 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 Home Loan Questions And Answers
- 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 Loan Limits
| JACKSONVILLE, FL | 27260 | CLAY | FL | $580,750 | $743,450 | $898,700 | $1,116,850 | $505,000 |
Duval County, Florida Cities near:
- Jacksonville, FL
- Orange Park, FL
- Atlantic Beach, FL
- Jacksonville Beach, FL
- Lakeside, FL
- Palm Valley, FL
- Fernandina Beach, FL
- Saint Augustine, FL
- Palatka, FL
- Palm Coast, FL
- Gainesville, FL
Jacksonville Florida FHA Mortgage Lenders
| Cities near Jacksonville |
| Bellair-Meadowbrook Terrace, Florida |
| Orange Park, Florida |
| Fruit Cove, Florida |
| Atlantic Beach, Florida |
| Nassau Village-Ratliff, Florida |
| Lakeside, Florida |
| Neptune Beach, Florida |
| Jacksonville Beach, Florida |
| Ponte Vedra Beach, Florida |
| Callahan, Florida |
| Baldwin, Florida |
| Palm Valley, Florida |
| Sawgrass, Florida |
| Yulee, Florida |
| Middleburg, Florida |
| Asbury Lake, Florida |
| Green Cove Springs, Florida |
| Fernandina Beach, Florida |
| Macclenny, Florida |
| Hilliard, Florida |
