What is an FHA loan?
An FHA home loan is a mortgage that is insured by the Federal Housing Administration (FHA). Started during the Great Depression, FHA loans historically allowed lower-income Americans, who might not otherwise qualify for mortgages, to buy homes. FHA loans are a popular option for certain first-time home buyers due to flexibility and less stringent credit terms. The down payment can be as low as 3.5 percent of the home’s purchase price.
Florida FHA (Federal Housing Authority)
SFR, PUD, Townhome and Approved Condos
See if my Condo is FHA Approved
Two years W-2’s, 1099, K-1, 1040 and 1065 or 1120 for Self – Employed with ownership 25% plus
Last two paystubs and Profit and Loss Statement for Self – Employed
Two Month Bank Statements ( All large deposits must be sourced )
401K – IRA etc.
Stocks and Bonds
Note: Programs are subject to change without notice. Each program has its own set of underwriting guidelines; please contact one of our Loan Professionals to find out the latest and specific program requirements.
To learn if you qualify for fha mortgage in florida contact us by phone 305.494.7494
Questions about whether you qualify?
Our Home Loan Specialists are available 24/7 to answer any questions you have about the Florida FHA (Federal Housing Authority) Program.
Call a loan officer with questions or to get started.
Mon.–Fri. 8 a.m.–8 p.m. ET
Sat–Sun. 9 a.m.–6:30 p.m. ET