Updated FHA Mortgage Limits For Florida

FHA adjusts their mortgage limits each year. Buyers must be aware of what they are and how they may change. The great news is, in many areas, the loan limits have improved to reflect increasing home prices. Here is some important information on updated FHA mortgage limits for Florida. An Explanation of FHA Mortgage Limits Mortgage limits are the maximum allowed mortgage amounts for an FHA Read More >

Criteria Updates For FHA Home Loans Effective September 15, 2015 | Florida FHA Home Loans

One of the most used types of home loans is FHA. Home buyers must stay up to date on the criteria updates for FHA home loans effective September 15, 2015. The following is a summary of those updates. Employment History Requirements Frequent job moves or gaps in employment status are scrutinized. If you have changed employment more than 3 times over the past year, then you must furnish Read More >

Updated FHA Mortgage Limits For Florida

The Federal Housing Administration (FHA) reviews their mortgage limits on a yearly basis. Buyers should know them and how they can change. Below is an overview of the updated FHA mortgage limits for Florida. What Are FHA Mortgage Limits Mortgage limits reflect the most that can be borrowed on an FHA mortgage. The mortgage amount is not the same as the sales price. For instance, if you buy a home Read More >

Interest Rates Rising This Year – What Florida Home Buyers Should Keep In Mind

Interest rates have risen this year. According to many experts, it will likely do so further during the year. This is important information for individuals who intend to purchase real estate this year. Interest rates rising this year and what Florida home buyers should keep in mind is provided in this article. Importance of Interest Rates Rising This Year The calculation of your recurring mortgage Read More >