orlando fha lenders: FHA Mortgage - Orlando First Time Buyers
- 05/18/15 02:33 AM
FHA mortgage financing still remains the "go to" home loan for many Orlando home buyers. This is especially true for first time buyers that have limited down payment, as FHA still allows home buyers to purchase at only 3.5 percent down payment. Listed below are some quick facts and benefits of the FHA loan.
FHA still allows up to 96.5% financing in Orange and Seminole County. The buyers down payment money can also be a gift from family, etc. FHA permits the seller of the home to pay buyers closing costs. Closing costs can be an additional 3-6% of the purchase price (0 comments)