All the Government home loans (FHA, USDA and VA) generally require the same things when getting pre approved. Here are several key points to think about when deciding to apply for a Government home loan. Credit Evaluation: In most cases a 640 FICO score is necessary to get approved for the USDA
...
10/29/2014
Daytona Beach homebuyers and investors know it can be very difficult to secure a loan fast. Sometimes you need funds quick to stay out financial problems with your business or personally, or maybe need to keep your properties from being foreclosed. You just don’t have time to deal with all the
...
10/27/2014
The government backed FHA home loan is guaranteed by the United States Federal Housing Administration (FHA) and provides a number of homeownership opportunities with little down payment required. Started over 80 years ago, the FHA is the largest government insurer of home loans in the US today. T
...
10/26/2014
Homebuyers in Volusia and Brevard County may want to consider getting an Federal Housing Authority (FHA) backed loan to finance your home. FHA loans are also backed by the government, which makes them attractive to lenders who handle them. Consider this loan source if one or more of the followin
...
10/25/2014
Many great benefits of the 100% VA home loan program here in Lake County. Backed by the U.S. Department of Veterans Affairs, VA mortgages were developed to assist active military personnel, veterans to become homeowners at an affordable cost. The Florida VA loan requires no down payment, require
...
10/23/2014
Mortgage interest rates as Fall 2014 are back down near all time lows, certainly the lowest level we have seen this year. Homeowners that currently have a USDA home loan should look into the USDA Pilot Refinance program while interest rates are this low. The USDA Pilot refinance program is for
...
10/20/2014
Below we have listed some tips for helps Marion & Alachua County teachers sail through the mortgage pre approval and application process. Regardless if you are looking for a No down payment USDA Rural Housing loan, FHA home loan or conventional loan, the tips below will help. The great news is a
...
10/19/2014
Seminole County homebuyer can still purchase a home today with minimal down payment. In fact the 2014 FHA loans still permits up to 96.5 percent financing in Altamonte Springs, Casselberry, Geneva, Lake Mary, Lake Monroe, Longwood, Oviedo, Sanford, Winter Springs. FHA continues to adjusting thei
...
10/19/2014
Many first time buyers in Spring Hill are drawn to the USDA Rural Housing mortgage. Why? The USDA Rural home loan is one of the few programs that still allows buyers to purchase a home with NO money down. So, how to do you apply for the USDA loan application, what are the steps for USDA loan pre
...
10/18/2014
Did you know that USDA stands for United States Department of Agriculture. In the past, Many people think of USDA as “farmer loans” mostly used to purchase properties in country agricultural areas. That not so much the case today with the USDA home loan. In fact, properties in almost every area o
...
10/18/2014