FHA IN TODAY'S MARKET

FHA is a very versatile loan option in the market we are in today.  Why?

There are no declining market issues - In Florida and hearing about the declining market and how that affects how much you can borrow?  It's okay with an FHA loan.

Loan-to-value can be as high as 97.75%

Lower FICO scores allowed - Some lenders allow down to a 500 score, dependent upon other factors in your credit and financial profile.

Seller concessions as high as 6% of the purchase price - This helps you with your closing costs!

No pest reports required

No cash reserves required except for 3-4 units - Thus, if you don't have a lot in your bank account, don't let that stop you from applying for a FHA loan.

Funds for a downpayment can all be a gift - Gifts allowed from relatives, employers, or charitable organizations.  Ask me how to get into your home with little to no money down.  No relatives willing to lend you money?  That's okay.  Let's discuss how you can very easily get some down payment assistance. 

Mattress money or cash on hand okay - Don't believe in putting your money in a bank or just don't have a bank account?  That's okay!

30 year fixed rate mortgages

Adjustable rate mortgages

No prepayment penalty

Purchase or refinance of owner-occupied primary residences

Foreclosures, bank-owned properties, short sales, HUD homes are all ok!

U.S. Citizens, permanent, and non-permanent resident aliens

Non-occupant co-borrowers can be used on purchases

More leniency with bankruptcy and foreclosure - If you have one or both of these issues, let's discuss it.

Sellers are no longer required to do repairs

Get into a home and do your repairs or remodeling

First-time homebuyers okay!

No credit okay!

I AM HERE TO HELP YOU IN THE MOST ETHICAL, PROFESSIONAL, AND EFFICIENT MANNER.

I CARE ABOUT MY CLIENTS, AND I AM HERE FOR YOU TO ASSIST YOU WITH YOUR HOME PURCHASE OR YOUR HOME REFINANCING NEEDS.

CONTACT ME BY TELEPHONE AT 1-888-788-5551

OR 407-973-8614

OR BY EMAIL TO

KROBERTS@MYBESTMORTGAGESOURCE.COM.

I look forward to talking with you and assisting you!