
Banks are unloading property they foreclosed on at record low prices. Sellers are discounting to compete. Interest rates are historically low. The FHA is designed to help first time home buyers become home owners.
FHA loans are typically 30 year fixed loans and only require 3% of the purchase price down. Even better news, the seller can contribute 6% of the purchase toward the buyer's closing cost. This generally works out to a very lucrative option for the buyer. If you are looking for an expert on FHA loans in Florida, I can help.
Call Randall at 863-229-1235 and I'll pre-qualify your application.
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