Collier County Mortgage Lender
FHAmortgagePrograms.com also known as 1st Continental Mortgage a Broward County, Florida Mortgage company is dedicated to spreading the word about the benefits of the FHA mortgage programs available to first time homebuyers. With the sub prime market in turmoil and many lenders tightening up guidelines many mortgage companies are going back to the basics. Not only is the FHA mortgage easy to qualify for but there are many advantages to the program that the average Collier County Homeowner maybe unaware of.
FHA mortgages are less expensive and easier for the first time homebuyer to qualify for. The program was created to help to increase homeownership in the United States. FHA program makes buying a home easier and less expensive than other types of real estate mortgage Programs. Some examples include,
Minimal Down Payment and Closing Costs.
• Down payment less than 3% of Sales Price and 100% Financing options available
• Gift for down payment and closing costs are allowed up to 6% of Sales price.
• No reserves or savings required.
• Easy Credit Qualifying Guidelines
• No minimum FICO score or credit score requirements.
• FHA will allow a home purchase 2 years after a Bankruptcy.
• FHA will allow a home purchase 3 years after a Foreclosure.
http://www.fhamortgageprograms.com/
44http://www.fhamortgageprograms.com/
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