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Florida FHA Mortgage

Florida FHA Loans and Mortgages

Let’s start with “What is FHA?”

FHA is the Federal Housing Administration, which is a part of Department of Housing and Urban Development’s (HUD). FHA provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. FHA insures mortgages loans on single family and multifamily homes–up to four units–including manufactured homes and hospitals.

 

FHA Mortgage Highlights

Low Down-payments

— Liberal credit history

Better interest rates

Higher debt ratios

 FHA mortgage loan limits have been drastically reduced as of January 2014
Contact Us to get current information on your area