FHA loans in are very popular for first time home buyers because they only require the borrower to put down a minimum of 3.5% of the purchase price. FHA loans are also easier to qualify for than traditional conventional mortgages since lower credit scores and higher debt to income ratios are acceptable with compensating factors. Federal Housing Administration loans are a great option for first time homebuyers with less than perfect credit or little to no credit.
Wholesale Mortgage Services offers loans insured by the Federal Housing Administration in the State of Florida. If you are purchasing a primary residence FHA loans are designed to increase homeownership with as little as 3.5% down payment and often easier to qualify. At Wholesale Mortgage Services we have all the FHA programs available with no Lender Overlays and always no upfront lender fees.
Click Here for a No Obligation FHA Mortgage Quote or call 813.629.5478