Are you looking for an FHA Loan? First Nationwide Lending is a Florida FHA Loans provider serving the entire state of Florida. Check out our low purchase and refinance Florida FHA mortgage loan rates.
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Florida FHA Loans Have Many Options
The Federal Housing Association has been providing Americans with loan options since the l930’s. Approved lenders are available though Florida FHA loans when you meet specific requirements and guidelines. They are based on certain types of housing and the state and county where the property is located. You need to be prepared for the loan process, and you should also be prepared to pay for an appraisal and your credit report. The guidelines that are set in place are to make sure the buyer doesn’t purchase a home he can’t afford to pay for. A good credit history and a past record of good paying habits will likely qualify you for one of these Florida FHA mortgage loans. There are a number of different types of loans offered so you should become familiar with terms like adjustable rate, fixed rate, energy efficient mortgage, and ones with a graduated payment plan.