Florida FHA Mortgage Lenders, Florida FHA HOME LOANS, **Eazy to Qualify**

By
Mortgage and Lending with 1 st Continental Mortgage

Florida FHA Mortgage Lenders, Florida FHA HOME LOANS

1ST Continental Mortgage Florida FHA Mortgage Lender, We are approved by HUD to originate FHA Mortgage loans throughout Florida and beyond.

Proudly Serving These Communities:
Arcadia | Boca Raton | Boynton Beach | Bradenton | Brandon | Cape Coral | Clearwater
Clewiston | Crestview | Daytona Beach | Deerfield Beach | DeLand | Delray Beach | Deltona
Destin | Englewood | Fort Lauderdale | Fort Myers | Fort Pierce | Fort Walton Beach
Gainesville | Hollywood | Homosassa Springs | Jacksonville | Key West | Kissimmee | Lake City
Lakeland | Lynn Haven | Marathon | Marco Island | Melbourne | Miami | Miami Beach | Naples
North Fort Myers | North Miami Beach | Ocala | Okeechobee | Orlando | Ormond Beach
Osprey | Palatka | Palm Bay | Palm Coast | Panama City | Pensacola | Pompano Beach
Port St. Lucie | Punta Gorda | Saint Augustine | Santa Rosa County | Sarasota | Sebastian
Sebring | Spring Hill | St. Petersburg | Tallahassee | Tampa | The Villages County | Titusville
Venice | Vero Beach | Wauchula | Wesley Chapel | West Palm Beach | Winter Park

Proudly Serving These Counties:
Marion | Sumter | Lake | Seminole | Orange | Osceola | Polk | Hardee | Highlands | Volusia
Brevard | Indian River | Okeechobee | St. Lucie | Citrus | Hernando | Pasco | Pinellas
Hillsborough | Manatee | Sarasota | DeSoto | Gadsden | Leon | Wakulla | Jefferson | Madison
Taylor | Hamilton | Suwannee | Lafayette | Dixie | Columbia | Union | Bradford | Gilchrist
Alachua | Levy | Baker | Nassau | Duval | Clay | St Johns | Putnam | Flagler | Escambia
Santa Rosa | Okaloosa | Walton | Holmes | Washington | Bay | Jackson | Calhoun | Liberty
Gulf | Franklin | Martin | Palm Beach | Broward | Miami-Dade | Monroe | Charlotte
Glades | Lee | Hendry | Collier

ADVANTAGES TO THE FHA HOME LOAN INCLUDE

•·        Low Down Payment requirements of 3% and 100% financing options available.

•·        95% of Appraised Value for a Cash-Out Refinance

•·        FHA Streamline Refinance  

•·        NO Income Maximum Limits

•·        Gift Funds:  3% down payment can come from FRIEND, FAMILY MEMBER OR NON PROFIT

•·         Seller CAN PAY UP TO 6% OF YOUR CLOSING COST!

•·        Down Payment Assistance  for Texas Homebuyers 

•·        NO Cash Reserves Required

•·        Gap in Employment OK

•·        Self Employed OK

•·        Permanent Alien OK

•·        NO pre-payment penalty

•·        FHA Secure

•·       FHA Frequently Asked Questions

Fill out a Quick Application Call us with any questions in regards to FHA financing at 954-391-8387

 

If you are looking to buy property in Florida then you want to seriously consider an Florida FHA mortgage. The FHA loan offers some of the most competitive home loan rates and programs, but still there are a lot of finer details that you may miss out on. Florida fast turning out to be the new condominium destination apart from the other real estate options that are also available.

An Florida FHA Loan is insured by the Federal Housing Administration, which is one of the divisions of Department of Housing and Urban Development or HUD. FHA loans offer flexible credit guidelines. There are certain criteria and requirements that you will have to meet in order to apply and get an Alabama FHA Home Loan. Some of the criteria are:

  • You should be able to show a good credit payment history for the previous 12 months
  • If you have filed for bankruptcy then you should be in Chapter 13 bankruptcy and need to be paying on time or in Chapter 7 bankruptcy but discharged for at least 2 years.
  • An FHA loan also entitles you to apply for a home loan with a market limit that is in sync with that specific area's FHA loan limits.
  • FHA loans don't have any income restrictions.

Some of the major benefits that you can enjoy with an FHA loan in Florida are:

The most important part is to find a good or reputable Florida mortgage company like 1st Continental Mortgage Any Florida  FHA lender must be approved by HUD in order to originate the FHA home loan program.

Our FHA Loan program in Florida  is very competitive, beneficial and regarded as an outstanding mortgage opportunity for any home buyer or homeowner. You need to know that the Federal housing authority or FHA does not originate the FHA home loans, which are basically funded under the FHA loan category. They will only insure FHA mortgages, which have been underwritten by an approved FHA mortgage lender like 1st Continental Mortgage, or placed with a lender by a HUD approved mortgage broker.

The Federal Housing Administration was actually created by congress in 1937 to provide more Americans with an opportunity at buying a home through financing options that were not present at the time. Before FHA came into the picture, owning a home meant a huge down payment of anywhere between 30 to 50%, plus the loans were offered through the local community banks with limitations in the form of terms and conditions. FHA revolutionized the mortgage lending industry for the average America.

As an Florida Mortgage originator, 1st Continental Mortgage charges standard FHA Lending Fees, which normally don't change. On top of that you get a great mortgage rate, which is independent of your credit scores. The home inspection and home appraisal are the two costs, which need to be paid for before closing. So if you haven't closed then you won't have to pay any other lender fee.

There are various types of loan costs involved in an Florida FHA loan, as a AL FHA borrower, there are also certain fees you cannot be charged. Below is a simple list and not all items may apply to you:

  • The lenders fee: This includes underwriting, loan processing, wire transfers, loan origination, credit report, funding, and prepaid interest.
  • Closing Costs: This includes settlement, closing, title inspection, title search, insurance binder, warehouse, owner policy and lender policy.
  • Various government costs: These would include recording fee, document tax, state document tax, appraisals, home inspection and termite inspection.

When you are considering an Florida FHA mortgage lender, there are certain considerations or finer points that you need to check. At 1st Continental Mortgage we strive hard to meet our own and your expectations:

  • The mortgage lender should offer you a competitive FHA Interest Rates
  • They should have flexible FHA Loan qualification guidelines
  • The mortgage company should have creative financing solutions
  • They should offer simple interest, fixed and adjustable interest rates for more variation and choice
  • The lending company should offer low rate debt consolidation loans
  • They should have the FHA 203k loan for home rehabilitation and improvement
  • They should be a true, full service FHA company and not discriminate by type of home you want to finance. FHA will finance a wide range of home types including manufactured homes with land. Lenders who "Do FHA" but won't underwrite and fund qualified borrowers for a manufactured home loan don't deserve your business! All the FHA loans offered by them should be HUD approved including manufactured home loans.

 

Proudly Serving These Communities:
Arcadia | Boca Raton | Boynton Beach | Bradenton | Brandon | Cape Coral | Clearwater
Clewiston | Crestview | Daytona Beach | Deerfield Beach | DeLand | Delray Beach | Deltona
Destin | Englewood | Fort Lauderdale | Fort Myers | Fort Pierce | Fort Walton Beach
Gainesville | Hollywood | Homosassa Springs | Jacksonville | Key West | Kissimmee | Lake City
Lakeland | Lynn Haven | Marathon | Marco Island | Melbourne | Miami | Miami Beach | Naples
North Fort Myers | North Miami Beach | Ocala | Okeechobee | Orlando | Ormond Beach
Osprey | Palatka | Palm Bay | Palm Coast | Panama City | Pensacola | Pompano Beach
Port St. Lucie | Punta Gorda | Saint Augustine | Santa Rosa County | Sarasota | Sebastian
Sebring | Spring Hill | St. Petersburg | Tallahassee | Tampa | The Villages County | Titusville
Venice | Vero Beach | Wauchula | Wesley Chapel | West Palm Beach | Winter Park

Proudly Serving These Counties:
Marion | Sumter | Lake | Seminole | Orange | Osceola | Polk | Hardee | Highlands | Volusia
Brevard | Indian River | Okeechobee | St. Lucie | Citrus | Hernando | Pasco | Pinellas
Hillsborough | Manatee | Sarasota | DeSoto | Gadsden | Leon | Wakulla | Jefferson | Madison
Taylor | Hamilton | Suwannee | Lafayette | Dixie | Columbia | Union | Bradford | Gilchrist
Alachua | Levy | Baker | Nassau | Duval | Clay | St Johns | Putnam | Flagler | Escambia
Santa Rosa | Okaloosa | Walton | Holmes | Washington | Bay | Jackson | Calhoun | Liberty
Gulf | Franklin | Martin | Palm Beach | Broward | Miami-Dade | Monroe | Charlotte
Glades | Lee | Hendry | Collier

THESE LIMITS ARE TEMPOARTY LENDING LIMITS AND WILL ONLY LAST FOR 2008

MSA Name

County Name

State

One-Family

Two-Family

Three-Family

Four-Family

GAINESVILLE, FL (MSA)

ALACHUA

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

JACKSONVILLE, FL (MSA)

BAKER

FL

$387,500.00

$496,050.00

$599,600.00

$745,200.00

PANAMA CITY-LYNN HAVEN, FL (MSA)

BAY

FL

$396,250.00

$507,250.00

$613,150.00

$762,000.00

NON-METRO

BRADFORD

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

PALM BAY-MELBOURNE-TITUSVILLE, FL (MSA)

BREVARD

FL

$291,250.00

$372,850.00

$450,700.00

$560,100.00

FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL

BROWARD

FL

$423,750.00

$542,450.00

$655,700.00

$814,900.00

NON-METRO

CALHOUN

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

PUNTA GORDA, FL (MSA)

CHARLOTTE

FL

$296,250.00

$379,250.00

$458,400.00

$569,700.00

HOMOSASSA SPRINGS, FL (MICRO)

CITRUS

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

JACKSONVILLE, FL (MSA)

CLAY

FL

$387,500.00

$496,050.00

$599,600.00

$745,200.00

NAPLES-MARCO ISLAND, FL (MSA)

COLLIER

FL

$531,250.00

$680,100.00

$822,050.00

$1,021,650.00

LAKE CITY, FL (MICRO)

COLUMBIA

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

ARCADIA, FL (MICRO)

DE SOTO

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

DIXIE

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

JACKSONVILLE, FL (MSA)

DUVAL

FL

$387,500.00

$496,050.00

$599,600.00

$745,200.00

PENSACOLA-FERRY PASS-BRENT, FL (MSA)

ESCAMBIA

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

PALM COAST, FL (MICRO)

FLAGLER

FL

$287,500.00

$368,050.00

$444,900.00

$552,900.00

NON-METRO

FRANKLIN

FL

$305,000.00

$390,450.00

$471,950.00

$586,550.00

TALLAHASSEE, FL (MSA)

GADSDEN

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

GAINESVILLE, FL (MSA)

GILCHRIST

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

GLADES

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

GULF

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

HAMILTON

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

WAUCHULA, FL (MICRO)

HARDEE

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

CLEWISTON, FL (MICRO)

HENDRY

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

TAMPA-ST. PETERSBURG-CLEARWATER, FL (MSA)

HERNANDO

FL

$292,500.00

$374,450.00

$452,600.00

$562,500.00

SEBRING, FL (MICRO)

HIGHLANDS

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

TAMPA-ST. PETERSBURG-CLEARWATER, FL (MSA)

HILLSBOROUGH

FL

$292,500.00

$374,450.00

$452,600.00

$562,500.00

NON-METRO

HOLMES

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

SEBASTIAN-VERO BEACH, FL (MSA)

INDIAN RIVER

FL

$283,750.00

$363,250.00

$439,050.00

$545,650.00

NON-METRO

JACKSON

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

TALLAHASSEE, FL (MSA)

JEFFERSON

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

LAFAYETTE

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

ORLANDO-KISSIMMEE, FL (MSA)

LAKE

FL

$353,750.00

$452,850.00

$547,400.00

$680,300.00

CAPE CORAL-FORT MYERS, FL (MSA)

LEE

FL

$356,250.00

$456,050.00

$551,250.00

$685,100.00

TALLAHASSEE, FL (MSA)

LEON

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

LEVY

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

LIBERTY

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

MADISON

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

SARASOTA-BRADENTON-VENICE, FL (MSA)

MANATEE

FL

$442,500.00

$566,450.00

$684,750.00

$850,950.00

OCALA, FL (MSA)

MARION

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

PORT ST. LUCIE-FORT PIERCE, FL (MSA)

MARTIN

FL

$375,000.00

$480,050.00

$580,300.00

$721,150.00

MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISIO

MIAMI-DADE

FL

$423,750.00

$542,450.00

$655,700.00

$814,900.00

KEY WEST-MARATHON, FL (MICRO)

MONROE

FL

$729,750.00

$934,200.00

###########

$1,403,400.00

JACKSONVILLE, FL (MSA)

NASSAU

FL

$387,500.00

$496,050.00

$599,600.00

$745,200.00

FORT WALTON BEACH-CRESTVIEW-DESTIN, FL (MSA)

OKALOOSA

FL

$312,500.00

$400,050.00

$483,550.00

$600,950.00

OKEECHOBEE, FL (MICRO)

OKEECHOBEE

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

ORLANDO-KISSIMMEE, FL (MSA)

ORANGE

FL

$353,750.00

$452,850.00

$547,400.00

$680,300.00

ORLANDO-KISSIMMEE, FL (MSA)

OSCEOLA

FL

$353,750.00

$452,850.00

$547,400.00

$680,300.00

WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METRO

PALM BEACH

FL

$423,750.00

$542,450.00

$655,700.00

$814,900.00

TAMPA-ST. PETERSBURG-CLEARWATER, FL (MSA)

PASCO

FL

$292,500.00

$374,450.00

$452,600.00

$562,500.00

TAMPA-ST. PETERSBURG-CLEARWATER, FL (MSA)

PINELLAS

FL

$292,500.00

$374,450.00

$452,600.00

$562,500.00

LAKELAND, FL (MSA)

POLK

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

PALATKA, FL (MICRO)

PUTNAM

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

PENSACOLA-FERRY PASS-BRENT, FL (MSA)

SANTA ROSA

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

SARASOTA-BRADENTON-VENICE, FL (MSA)

SARASOTA

FL

$442,500.00

$566,450.00

$684,750.00

$850,950.00

ORLANDO-KISSIMMEE, FL (MSA)

SEMINOLE

FL

$353,750.00

$452,850.00

$547,400.00

$680,300.00

JACKSONVILLE, FL (MSA)

ST. JOHNS

FL

$387,500.00

$496,050.00

$599,600.00

$745,200.00

PORT ST. LUCIE-FORT PIERCE, FL (MSA)

ST. LUCIE

FL

$375,000.00

$480,050.00

$580,300.00

$721,150.00

THE VILLAGES, FL (MICRO)

SUMTER

FL

$278,750.00

$356,850.00

$431,350.00

$536,050.00

NON-METRO

SUWANNEE

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

TAYLOR

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

UNION

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (MSA)

VOLUSIA

FL

$303,750.00

$388,850.00

$470,000.00

$584,150.00

TALLAHASSEE, FL (MSA)

WAKULLA

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

NON-METRO

WALTON

FL

$362,790.00

$464,400.00

$561,400.00

$697,650.00

NON-METRO

WASHINGTON

FL

$271,050.00

$347,000.00

$419,400.00

$521,250.00

Answers to Mortgage Questions

Whether Refinancing or Buying, We
Deliver Good Answers to Great Questions!



I need a mortgage. Why should I do business with you?
What is a Home Loan?
What is a Mortgage?
What is Refinancing?
What is FHA?
What is HUD?
What is Sub Prime?
What is a Lender? Do I need a Lender?
What is a Broker? Should I use a Mortgage Broker?
What is a Mortgage Originator?
What is a Mortgage Loan Processor?
What is a Mortgage Underwriter?
What is a Pre-Approval Letter?
What is a Mortgage Commitment?
What do I need to apply for a mortgage?
What is the difference between a fixed and adjustable rate mortgage?
Can I buy a house using a FHA Loan?
How much mortgage do I qualify for using an FHA Loan?
Does the FHA loan impact how much house I can qualify to buy?
How do I qualify for a home mortgage using the FHA program?
What is the difference between a regular mortgage and a FHA Loan?
Do you have to improve your credit score to get a better rate with FHA?
What is the importance of credit when you apply for an FHA Loan?
I heard the FHA loan is only for 1st time buyers, is that true?
My mortgage company says I should not consider the FHA program. Why should I listen to you and not them?
I want to improve my mortgage term. Can I refinance my FHA loan now?
How soon can I refinance to a new home loan?
How often can I refinance my home?
How can I refinance my home when I have credit problems?
Where can I refinance my home if I'm late on my mortgage?

 

Comments (3)

Greg Steffens
Mountain Country Realty - Lake Arrowhead, CA

Welcome to Active Rain and congrats on your first post.  Be sure to spend some time looking around at what and how others are blogging here.  It is a great education and lots of fun. Can't wait for you to post your picture so we can all ‘put a face to the name' (plus, you'll get points for doing so).  Looks like you're off to a great start...keep it up!

Apr 26, 2008 10:02 AM
Benjamin Clark
Homebuyer Representation, Inc. - Salt Lake City, UT
Buyer's Agent - Certified Negotiation Expert

Welcome to Active Rain! For some tips on how to get started here, check out my blog entry at ActiveRain Fast-Start Tips for Quick and Easy Points

Happy blogging and good luck!

Apr 26, 2008 06:03 PM
Peg Gilliland
Charlottesville Solutions - Charlottesville, VA
Broker, GRI, CDPE

I see that you are new to Active Rain and I just wanted to welcome you.

I hope that you enjoy it as much as I do and that you find it a great resource.

Apr 28, 2008 08:19 AM