FHA LOAN FLORIDA

MORTGAGE-WORLD.com is an online mortgage company specializing in helping buyers purchase a home in Florida. We have over 20 years of experience originating FHA loans. Since 2008 we have specialized in FHA loans for borrowers with less than perfect credit.

We use an automated underwriting system to determine whether your loan meets FHA eligibility requirements. This means we can usually get an electronic approval in minutes. The easiest way to find out if you qualify for an FHA loan is to call the number below.

Call us 888.958.5382

FHA LOAN FLORIDA
Purchase

Purchase

Reasons to Purchase:

  • No landlord
  • Build equity
  • Pride of ownership
  • First time homebuyer
  • Property tax deduction
  • Need a bigger house
  • Interest deduction
  • Downsizing

Property Type:

  • Single Family
  • 2 Unit
  • 3 Unit
  • 4 Unit
  • Condo
  • Townhouse
  • Double Wide

FHA Loan Florida

Purchase

FHA Purchase

FHA requires new borrowers to have a minimum credit score of 580 to qualify for 3.5% down payment. Borrowers with less than a 580-credit score will be required to put down at least 10%. The minimum credit score for an FHA loan is 500.

There are no income limits like you may find with other first-time homebuyer programs. However, there are limits on how much you can borrow.

Florida FHA loan limits.

FHA Refinance 

FHA requires a minimum credit score of 580 for 97.75% loan-to-value rate and term refinance. Anyone refinancing with a credit score lower than 580 will require 90% loan-to-value for a rate and term refinance.

FHA allows cash-out refinance up to 80% of the value of the property with a minimum 500 credit score.

FHA Streamline refinance.

Call us 888.958.5382

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Purchase

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