Tag Archives: Buyers

Buyers Testimonials – Vicky & Clive – Both Solicitors – Bought Their Home With No Mortgage Needed!

In the current financial crisis, ordinary regular families cannot get mortgages from the banks. Vicky & Clive run their own solicitors’ practice but the banks turned them down. This week they bought their 3 bed semi near Bromsgrove without having to get a mortgage. It’s not rent to buy, but an actual sale. See our current properties – details in the video.
First Time Home Buyer Programs
Video Rating: 0 / 5

MORTGAGES FOR FIRST TIME BUYERS

VANCOUVER MORTGAGE BROKER VANCOUVER MORTGAGE RATES
First Time Home Buyer Programs
Video Rating: 0 / 5

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First Time Home Buyer Programs
Video Rating: 4 / 5

First Time Home Buyers it’s your money on the table!

First Time Home Buyers it’s your money on the table!

Many first time home buyers are in a holding pattern, waiting for that “perfect” time to buy their first home. They’re hoping for that combination of the lowest price and the lowest interest rate before jumping in.
If that’s you, I have some advice.
1) Hope is not a strategy!
2) Take a close look at your current strategy, it’s probably costing you money.
I did a post a couple of months ago about the real cost of waiting.

 

What is the real cost of waiting for first time home buyers?

The recent run-up in interest rates has increased the monthly cost of that hypothetical 0,000 home / month or 00 over a five year period.
FHA loans are the “loan of choice” for most first time home buyers. The low down payment requirements and easier qualifying guidelines make the most attractive option among loan programs.
FHA has announced that on April 18th they will be increasing their monthly mortgage insurance premium by .25%. If you wait until after that date to start the hunt for your first home, the tab will increase by another .67/mo or 00 over five years, on that 0,000 home.
In that same period of time, home values in many markets have decreased by about 3%, so you would have gained about /mo or 20 over 5 years.
So net-net sticking with this “wait n see” strategy will cost you almost 0/mo
If you’re still paying rent in most markets it’s cheaper to own than rent, so you’re overpaying for one form of housing when there is a cheaper alternative.

Still think renting is cheaper?

Unlike some of my peers, I don’t claim to have a crystal ball to predict which way interest rates and home values will go over the next few months, but I can tell you this with absolute certainty:
Home values and interest rates will do one of three things (and not necessarily in the same direction).
They may go up, they may go down, or they may stay the same. and in only one chance in three will you get better than what you can get today (one in six if you are playing both sides of the fence)
Bottom line, “IT’S YOUR MONEY ON THE TABLE, HOW MUCH OF A GAMBLER ARE YOU?”

For more valuable first time home buyer information check out our blog:

http://firsttimehome.us

First Time Home Buyer Programs

Greg Cook is a mortgage professional with more than 30 years experience help homebuyers achieve their part of the American Dream.

His street level view allows his clients to wade through the millions of bytes of information and make the right decision for their family.

You can find more first time home buyer information on his blog: http://firsttimehome.us


Article from articlesbase.com

Related Home Buyer Programs Articles

First Time Home Buyers it’s your money on the table!

First Time Home Buyers it’s your money on the table!

Many first time home buyers are in a holding pattern, waiting for that “perfect” time to buy their first home. They’re hoping for that combination of the lowest price and the lowest interest rate before jumping in.
If that’s you, I have some advice.
1) Hope is not a strategy!
2) Take a close look at your current strategy, it’s probably costing you money.
I did a post a couple of months ago about the real cost of waiting.

 

What is the real cost of waiting for first time home buyers?

The recent run-up in interest rates has increased the monthly cost of that hypothetical 0,000 home / month or 00 over a five year period.
FHA loans are the “loan of choice” for most first time home buyers. The low down payment requirements and easier qualifying guidelines make the most attractive option among loan programs.
FHA has announced that on April 18th they will be increasing their monthly mortgage insurance premium by .25%. If you wait until after that date to start the hunt for your first home, the tab will increase by another .67/mo or 00 over five years, on that 0,000 home.
In that same period of time, home values in many markets have decreased by about 3%, so you would have gained about /mo or 20 over 5 years.
So net-net sticking with this “wait n see” strategy will cost you almost 0/mo
If you’re still paying rent in most markets it’s cheaper to own than rent, so you’re overpaying for one form of housing when there is a cheaper alternative.

Still think renting is cheaper?

Unlike some of my peers, I don’t claim to have a crystal ball to predict which way interest rates and home values will go over the next few months, but I can tell you this with absolute certainty:
Home values and interest rates will do one of three things (and not necessarily in the same direction).
They may go up, they may go down, or they may stay the same. and in only one chance in three will you get better than what you can get today (one in six if you are playing both sides of the fence)
Bottom line, “IT’S YOUR MONEY ON THE TABLE, HOW MUCH OF A GAMBLER ARE YOU?”

For more valuable first time home buyer information check out our blog:

http://firsttimehome.us

First Time Home Buyer Programs

Greg Cook is a mortgage professional with more than 30 years experience help homebuyers achieve their part of the American Dream.

His street level view allows his clients to wade through the millions of bytes of information and make the right decision for their family.

You can find more first time home buyer information on his blog: http://firsttimehome.us


Article from articlesbase.com

This video describes the homebuyer rebate program available through ListWell Realtors of Massachusetts. Our home buying and home selling programs are simply common sense real estate fees. Full service brokerage member National Association of Realtors, Massachusetts Association of Realtors and the Plymouth and South Shore Board of Realtors. Serving all of Southeastern Massachusetts.
First Time Home Buyer Programs
Video Rating: 0 / 5

First Time Home Buyers it’s your money on the table!

First Time Home Buyers it’s your money on the table!

Many first time home buyers are in a holding pattern, waiting for that “perfect” time to buy their first home. They’re hoping for that combination of the lowest price and the lowest interest rate before jumping in.
If that’s you, I have some advice.
1) Hope is not a strategy!
2) Take a close look at your current strategy, it’s probably costing you money.
I did a post a couple of months ago about the real cost of waiting.

 

What is the real cost of waiting for first time home buyers?

The recent run-up in interest rates has increased the monthly cost of that hypothetical 0,000 home / month or 00 over a five year period.
FHA loans are the “loan of choice” for most first time home buyers. The low down payment requirements and easier qualifying guidelines make the most attractive option among loan programs.
FHA has announced that on April 18th they will be increasing their monthly mortgage insurance premium by .25%. If you wait until after that date to start the hunt for your first home, the tab will increase by another .67/mo or 00 over five years, on that 0,000 home.
In that same period of time, home values in many markets have decreased by about 3%, so you would have gained about /mo or 20 over 5 years.
So net-net sticking with this “wait n see” strategy will cost you almost 0/mo
If you’re still paying rent in most markets it’s cheaper to own than rent, so you’re overpaying for one form of housing when there is a cheaper alternative.

Still think renting is cheaper?

Unlike some of my peers, I don’t claim to have a crystal ball to predict which way interest rates and home values will go over the next few months, but I can tell you this with absolute certainty:
Home values and interest rates will do one of three things (and not necessarily in the same direction).
They may go up, they may go down, or they may stay the same. and in only one chance in three will you get better than what you can get today (one in six if you are playing both sides of the fence)
Bottom line, “IT’S YOUR MONEY ON THE TABLE, HOW MUCH OF A GAMBLER ARE YOU?”

For more valuable first time home buyer information check out our blog:

http://firsttimehome.us

First Time Home Buyer Programs

Greg Cook is a mortgage professional with more than 30 years experience help homebuyers achieve their part of the American Dream.

His street level view allows his clients to wade through the millions of bytes of information and make the right decision for their family.

You can find more first time home buyer information on his blog: http://firsttimehome.us


Article from articlesbase.com

This video describes the homebuyer rebate program available through ListWell Realtors of Massachusetts. Our home buying and home selling programs are simply common sense real estate fees. Full service brokerage member National Association of Realtors, Massachusetts Association of Realtors and the Plymouth and South Shore Board of Realtors. Serving all of Southeastern Massachusetts.
First Time Home Buyer Programs

First Time Home Buyers it’s your money on the table!

First Time Home Buyers it’s your money on the table!

First Time Home Buyers it’s your money on the table!


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First Time Home Buyers it’s your money on the table!

By: Greg Cook
Posted: Feb 25, 2011


Many first time home buyers are in a holding pattern, waiting for that “perfect” time to buy their first home. They’re hoping for that combination of the lowest price and the lowest interest rate before jumping in.
If that’s you, I have some advice.
1) Hope is not a strategy!
2) Take a close look at your current strategy, it’s probably costing you money.
I did a post a couple of months ago about the real cost of waiting.

 

What is the real cost of waiting for first time home buyers?

The recent run-up in interest rates has increased the monthly cost of that hypothetical 0,000 home / month or 00 over a five year period.
FHA loans are the “loan of choice” for most first time home buyers. The low down payment requirements and easier qualifying guidelines make the most attractive option among loan programs.
FHA has announced that on April 18th they will be increasing their monthly mortgage insurance premium by .25%. If you wait until after that date to start the hunt for your first home, the tab will increase by another .67/mo or 00 over five years, on that 0,000 home.
In that same period of time, home values in many markets have decreased by about 3%, so you would have gained about /mo or 20 over 5 years.
So net-net sticking with this “wait n see” strategy will cost you almost 0/mo
If you’re still paying rent in most markets it’s cheaper to own than rent, so you’re overpaying for one form of housing when there is a cheaper alternative.

Still think renting is cheaper?

Read more articles
Home Path Mortgage: Fannie Mae Foreclosure Properties At Discounted Prices
First Time Home Buyers – 3 Myths about first time home buyer programs and incentives
Tax Credit to Help Georgia Home Buyers
Great Incentives for the First Home Buyer

Unlike some of my peers, I don’t claim to have a crystal ball to predict which way interest rates and home values will go over the next few months, but I can tell you this with absolute certainty:
Home values and interest rates will do one of three things (and not necessarily in the same direction).
They may go up, they may go down, or they may stay the same. and in only one chance in three will you get better than what you can get today (one in six if you are playing both sides of the fence)
Bottom line, “IT’S YOUR MONEY ON THE TABLE, HOW MUCH OF A GAMBLER ARE YOU?”

For more valuable first time home buyer information check out our blog:

http://firsttimehome.us

Greg Cook – About the Author:

Greg Cook is a mortgage professional with more than 30 years experience help homebuyers achieve their part of the American Dream.

His street level view allows his clients to wade through the millions of bytes of information and make the right decision for their family.

You can find more first time home buyer information on his blog: http://firsttimehome.us

Source: http://www.articlesbase.com/real-estate-articles/first-time-home-buyers-its-your-money-on-the-table-4311669.html

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Article Tags:
first time home buyers, first time home buyer programs, first time home buyer incentives, first time home buyer loans

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Home is where you hang your hat- a saying that tells about how close you are to your own home. A home is a place where an individual or a family dwells and stores personal property, we can say that this place is very essential and our refuge that will protect us from any harm. It is also used to refer to the geographical area whether it be a suburb, town, city or country in which a person grew up or feels they belong.

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First Time Home Buyers – 3 Myths about first time home buyer programs and incentives

With all of the first time home buyer programs and incentives available it’s easy to be confused when you try to sort the information.
As a result, many families who may qualify for one or more of these programs, are leaving “money on the table”.

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First time home buyers looking for that flashing neon sign that tells them now is definitely the time to buy their first home, might as well be cruising the Strip in Las Vegas in search of the right answer
There are signs flashing everywhere that say “BUY!” or “are you nuts? DON’T BUY NOW!”.

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Housing Double Dip? O-V-E-R R-A-T-E-D

The recent predictions of a “double dip” in housing has to have first time home buyers wondering if now is the right time to buy their first home.
Maybe it is and maybe it isn’t the right time, but whether or not prices will continue to drop can’t be the only consideration.

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The biggest waste of programming on the internet for first time home buyers

In their search to gather information, many first time home buyers are using one of the “how much home do I qualify for” widgets available on many real estate and mortgage websites.
They might as well be using Madame Zola the fortune teller!

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First Time Home Buyer Programs


Article from articlesbase.com

First Time Home Buyers it’s your money on the table!

First Time Home Buyers it’s your money on the table!

Many first time home buyers are in a holding pattern, waiting for that “perfect” time to buy their first home. They’re hoping for that combination of the lowest price and the lowest interest rate before jumping in.
If that’s you, I have some advice.
1) Hope is not a strategy!
2) Take a close look at your current strategy, it’s probably costing you money.
I did a post a couple of months ago about the real cost of waiting.

 

What is the real cost of waiting for first time home buyers?

The recent run-up in interest rates has increased the monthly cost of that hypothetical 0,000 home / month or 00 over a five year period.
FHA loans are the “loan of choice” for most first time home buyers. The low down payment requirements and easier qualifying guidelines make the most attractive option among loan programs.
FHA has announced that on April 18th they will be increasing their monthly mortgage insurance premium by .25%. If you wait until after that date to start the hunt for your first home, the tab will increase by another .67/mo or 00 over five years, on that 0,000 home.
In that same period of time, home values in many markets have decreased by about 3%, so you would have gained about /mo or 20 over 5 years.
So net-net sticking with this “wait n see” strategy will cost you almost 0/mo
If you’re still paying rent in most markets it’s cheaper to own than rent, so you’re overpaying for one form of housing when there is a cheaper alternative.

Still think renting is cheaper?

Unlike some of my peers, I don’t claim to have a crystal ball to predict which way interest rates and home values will go over the next few months, but I can tell you this with absolute certainty:
Home values and interest rates will do one of three things (and not necessarily in the same direction).
They may go up, they may go down, or they may stay the same. and in only one chance in three will you get better than what you can get today (one in six if you are playing both sides of the fence)
Bottom line, “IT’S YOUR MONEY ON THE TABLE, HOW MUCH OF A GAMBLER ARE YOU?”

For more valuable first time home buyer information check out our blog:

http://firsttimehome.us

First Time Home Buyer Programs

Greg Cook is a mortgage professional with more than 30 years experience help homebuyers achieve their part of the American Dream.

His street level view allows his clients to wade through the millions of bytes of information and make the right decision for their family.

You can find more first time home buyer information on his blog: http://firsttimehome.us


Article from articlesbase.com

First Time Home Buyers it’s your money on the table!

First Time Home Buyers it’s your money on the table!

Many first time home buyers are in a holding pattern, waiting for that “perfect” time to buy their first home. They’re hoping for that combination of the lowest price and the lowest interest rate before jumping in.
If that’s you, I have some advice.
1) Hope is not a strategy!
2) Take a close look at your current strategy, it’s probably costing you money.
I did a post a couple of months ago about the real cost of waiting.

 

What is the real cost of waiting for first time home buyers?

The recent run-up in interest rates has increased the monthly cost of that hypothetical 0,000 home / month or 00 over a five year period.
FHA loans are the “loan of choice” for most first time home buyers. The low down payment requirements and easier qualifying guidelines make the most attractive option among loan programs.
FHA has announced that on April 18th they will be increasing their monthly mortgage insurance premium by .25%. If you wait until after that date to start the hunt for your first home, the tab will increase by another .67/mo or 00 over five years, on that 0,000 home.
In that same period of time, home values in many markets have decreased by about 3%, so you would have gained about /mo or 20 over 5 years.
So net-net sticking with this “wait n see” strategy will cost you almost 0/mo
If you’re still paying rent in most markets it’s cheaper to own than rent, so you’re overpaying for one form of housing when there is a cheaper alternative.

Still think renting is cheaper?

Unlike some of my peers, I don’t claim to have a crystal ball to predict which way interest rates and home values will go over the next few months, but I can tell you this with absolute certainty:
Home values and interest rates will do one of three things (and not necessarily in the same direction).
They may go up, they may go down, or they may stay the same. and in only one chance in three will you get better than what you can get today (one in six if you are playing both sides of the fence)
Bottom line, “IT’S YOUR MONEY ON THE TABLE, HOW MUCH OF A GAMBLER ARE YOU?”

For more valuable first time home buyer information check out our blog:

http://firsttimehome.us

First Time Home Buyer Programs

Greg Cook is a mortgage professional with more than 30 years experience help homebuyers achieve their part of the American Dream.

His street level view allows his clients to wade through the millions of bytes of information and make the right decision for their family.

You can find more first time home buyer information on his blog: http://firsttimehome.us


Article from articlesbase.com

Secrets of California First Time Home Buyers Programs and Loans. If you are a first time home buyer seeking a loan program in California, watch this video www.AmericanEquityMortgageServices.com
First Time Home Buyer Programs

First Time Home Buyers it’s your money on the table!

First Time Home Buyers it’s your money on the table!

Many first time home buyers are in a holding pattern, waiting for that “perfect” time to buy their first home. They’re hoping for that combination of the lowest price and the lowest interest rate before jumping in.
If that’s you, I have some advice.
1) Hope is not a strategy!
2) Take a close look at your current strategy, it’s probably costing you money.
I did a post a couple of months ago about the real cost of waiting.

 

What is the real cost of waiting for first time home buyers?

The recent run-up in interest rates has increased the monthly cost of that hypothetical 0,000 home / month or 00 over a five year period.
FHA loans are the “loan of choice” for most first time home buyers. The low down payment requirements and easier qualifying guidelines make the most attractive option among loan programs.
FHA has announced that on April 18th they will be increasing their monthly mortgage insurance premium by .25%. If you wait until after that date to start the hunt for your first home, the tab will increase by another .67/mo or 00 over five years, on that 0,000 home.
In that same period of time, home values in many markets have decreased by about 3%, so you would have gained about /mo or 20 over 5 years.
So net-net sticking with this “wait n see” strategy will cost you almost 0/mo
If you’re still paying rent in most markets it’s cheaper to own than rent, so you’re overpaying for one form of housing when there is a cheaper alternative.

Still think renting is cheaper?

Unlike some of my peers, I don’t claim to have a crystal ball to predict which way interest rates and home values will go over the next few months, but I can tell you this with absolute certainty:
Home values and interest rates will do one of three things (and not necessarily in the same direction).
They may go up, they may go down, or they may stay the same. and in only one chance in three will you get better than what you can get today (one in six if you are playing both sides of the fence)
Bottom line, “IT’S YOUR MONEY ON THE TABLE, HOW MUCH OF A GAMBLER ARE YOU?”

For more valuable first time home buyer information check out our blog:

http://firsttimehome.us

First Time Home Buyer Programs

Greg Cook is a mortgage professional with more than 30 years experience help homebuyers achieve their part of the American Dream.

His street level view allows his clients to wade through the millions of bytes of information and make the right decision for their family.

You can find more first time home buyer information on his blog: http://firsttimehome.us


Article from articlesbase.com

FHA loans for Florida home buyers, 97% Financing down to a

FHA loans for Florida home buyers, 97% Financing down to a

FHA loans for Florida home buyers, 97% Financing down to a <530 FICO SCORE> The FHA loan program is a mortgage Florida loan program designed to assist every qualified and eligible Florida homebuyer with having the opportunity to own their own Florida home. Insured by FHA/HUD the FHA loan program provides prospective Florida mortgage applicants with a tremendous opportunity  to own a Florida home.  FHA loans offer the best Florida mortgage rates and are traditionally lower than conventional Freddie/Fannie home loan programs, the FHA program is fast becoming the Florida mortgage loan of choice for many Florida Home Buyers.

Purchases (Min 530 score)

12 months cancelled checks or Management VOR Must have 3 open and active tradelines for last 12 mths Payment shock limited to 1.5 times 35/45 Max DTI No late’s or collection in last 12 months NO late’s after BK

 No Score Borrowers

 3 Alt tradelines 0×30 with 12 month history Management VOR or 12 months cancelled checks Max ratio 31/43

NO collection other than medical

APPLY NOW AT   http://www.fhamortgageprograms.com/florida/

Using the FHA loan program to attain a Florida mortgage just makes good sense.

Welcome to our FHA home loan financing section. We’re very excited that you’ve elected to give the FHA home loan consideration. The benefits of an FHA loan far outweigh any other Florida mortgage program. Did you know, that the FHA loan program provides more security to Florida homeowners than ANY other Florida home loan mortgage? When Florida homeowners face  financial difficulty they  have a higher probability of NOT losing their home if you have an FHA mortgage Vs. those Floridians that choice who have a conventional or risky Sub-Prime Florida  home loan. Plus, all Florida FHA home loans are FULLY assumable — adding one more layer of protection for Florida homeowners and their families  The fact is, For Florida homebuyers there are a wide range of FHA home loans available to qualified mortgage applicants. And the real truth is, FHA loan  programs do not consider your credit score. Many Florida homebuyers people find this very difficult to believe, but it is in fact dictated by under FHA guidelines that credit scores cannot be considered.. This gives Florida homebuyers who might not otherwise have the ability to secure a low fixed interest rate FHA mortgage Did you know the FHA Mortgage program typically only requires a 3.5% down payment and allows 6% seller-paid Closing cost. You wont find these benefits with any other mortgage progrm. Florida FHA mortgage programs vary; to learn more, Here is a just a few FHA loan products to help Florida homeowners achieve their goals. Using the FHA home loan to purchase a Florida home is really no different than obtaining a conventional loan. Only difference is that FHA home loan some additional documentation, but these are actually blown out of proportion by other Florida mortgage lenders who cannot originate the FHA mortgage loans and want to push you into a conventional or subprime Florida l mortgage loan. Refinancing an existing Florida FHA home loan is actually called an FHA  streamline refinance. However, streamline only applies to Florida homes for which you are refinancing to change your  rate and term only. If taking cash out, or refinancing with an FHA home loan, you will have to go through the traditional FHA refinance process. Amazingly enough, you can finance Florida mobile home and land with the FHA home loan. In some instances, you can even get up to 96.5% of the purchase price, and much lower rates than you will get through any other Florida mortgage  loan program available today! The FHA reverse mortgage program is designed for Florida Seniors wishing to cash-out their equity in their home or create a monthly income stream to supplement their income. In both cases, you make NO monthly payments and it’s backed by the Federal Government! The FHA 203K Mortgage program is perfect to purchase a Florida Fixer home– the one that’s perfect for you, in the perfect location, but just needs a little rehabilitation. For those Florida homebuyers can’t qualify for the traditional FHA home loans, in some areas, we can help with an FHA Credit Flex mortgage . This FHA program was developed to help qualified Florida mortgage applicants in qualified communities to buy today. If your credit has taken a turn for the worse, this FHA mortgage loan program could be the perfect alternative to renting. As you can see, the FHA Home loan program  unique in many ways. We serve a broad range of Florida mortgage applicants across Florida, whether you have outstanding credit or Bad Credit, the FHA home loan program offers Florida homeowners and home buyers alike unmatched benefits with exceptionally competitive mortgage rates. Not every Florida mortgage lender can originate the FHA mortgage loan. FHA/HUD maintains strict guidelines which limit which Florida mortgage lenders can assist Florida home buyers and home owners like you, with FHA financing. With such strict quality FHA guidelines for Florida mortgage companies, you can know with confidence, if the Florida mortgage company you are working with originates the FHA mortgage loan, then you are dealing with a strong and reputable mortgage company.., Just some of the tremendous benefits of applying for a Florida FHA mortgage are: FHA mortgage Interest Rates much Lower than Bad Credit Loans FHA home loans  are assumable You don’t have to have a Florida bank account to qualify for an FHA mortgage Loan FHA loans down to a 500+ FICO? you might still  be eligible for the FHA Loan program! Underwriting is done using both Automated and Manual review – This means if an FHA Mortgage loan makes sense, it doesn’t matter what the computer says. Collections do NOT disqualify you from being eligible for a FHA mortgage Prior Foreclosures and Bankruptcies do  not automatically disqualify you, or if you qualify, mean you have to pay a higher interest rate as a “Penalty” FHA loans have NO INCOME RESTRICTIONS – This means EVERYONE Florida mortgage applicant  is eligible for the FHA loan program regardless of whether you’re wealthy or poor, have owned a Florida home before or are a First Time Buyer. Higher Ratios are allowed for eligible Florida mortgage applicants than through Traditional Mortgage programs Typically, there are NO Cash Reserve requirements. for a FHA mortgage loan. Overtime, Bonuses and Part Time Income can typically be used for qualifying for your FHA mortgage loan. Non-Occupant Co-Borrowers  can help you qualify for the FHA Loan program – You can have a parent co-sign for you and help you qualify if you can’t qualify on your own. Underwriting Flexibility that is based upon your credit not your credit score – Credit score is not even a consideration when applying for FHA financing. No credit history is required to qualify for an FHA mortgage Works with Grant and Charity organizations – You don’t even have to have a down payment.. FHA Home Buyers – Seller paid closing costs up to 6% are allowed. Florida Home Owners – A cash out Florida Refinance with the FHA program  is OK! Down Payment assistance from Family and Family Friends is OK! You don’t have to have a bank account to qualify for an FHA mortgage Loan Collections do NOT disqualify you from being eligible for an FHA  mortgage Prior Bankruptcy does not automatically disqualify you for an FHA mortgage, or if you qualify, mean you have to pay a higher interest rate as a “Penalty” NO INCOME RESTRICTIONS or REQUIRMENTS- This means EVERY Florida mortgage applicant  is eligible for the FHA loan program regardless of whether you’re wealthy or poor, have owned a Florida home or had a Florida mortgage in the past.   Higher Ratios are allowed for eligible Florida FHA mortgage applicants than other Traditional Mortgage programs Typically, there are NO Cash Reserve requirements for an FHA mortgage. Overtime, Bonuses and Part Time Income can typically be used for qualifying for your FHA mortgage loan. Non-Occupant Co-Borrowers are just fine with the FHA mortgage Loan – You can have a parent co-sign for you and help you qualify if you can’t qualify on your own. The fact is, there are many good reasons for all Florida home buyers and Florida home owners to consider the FHA mortgage loan. Beyond FHA having the best interest rates and  benefits, most flexible qualifying and greatest terms, the FHA mortgage loan gives Florida homebuyers piece of mind. The loan program is administered in such a way that it is actually designed to Florida homebuyers and homeowners. How, you ask??? Unlike traditional home loan financing and Sub-Prime Bad Credit home Loans, the FHA mortgage Loan program offers three different Foreclosure prevention programs that actually help tens of thousands of Florida home owners keep their homes -every year. To have these Foreclosure prevention options available should you have a financial roadblock, you have to have a FHA/HUD on your side working hand and hand to help you avoid a Foreclosure.  Just one more reason why Florida homebuyers should consider getting an  FHA Mortgage.

First Time Home Buyer Programs

Apply for a Florida FHA home loan Now at:

http://www.fhamortgageprograms.com/florida/

http://www.fhamortgageprograms.com/florida/Palm-Beach-County/

http://www.fhamortgageprograms.com/florida/Broward-County/

http://www.fhamortgageprograms.com/florida/Dade-County/

http://www.fhamortgagefhaloan.com/

http://www.fhamortgageprograms.com/faq/fha.shtml


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