Downpayment Program Assistance in Florida
After many request from Real Estate Agents and First-Time Homebuyers, I decided to post all the information available for Downpayment Program Assistance in Florida. Below you can find the full list, any questions, assistance please contact me thru my Contact page below. Program Name Assistance Amount City or County State Housing Authority Website Date Expires […]
Conventional Loans
Conventional loans are the most requested loans from all borrowers and the favorite for Real Estate Agents. A Conventional mortgage loan is a “conforming” loan, which simply means that it meets the requirements for Fannie Mae or Freddie Mac (government-sponsored enterprises). Is a conventional loan good? A conventional loan is a great option if you have […]
FHA Loans
FHA loans are my favorite, for the simple reason that it is easy to get approved without having excellent credit, unlike Conventional loans. FHA programs has its drawbacks, but when it comes to saving a transaction, it is the number one and most used program in the United States to purchase primary residences. FHA programs are […]
Minimum Credit Score for Home Loans
What is the Minimum Credit Score for Home Loans? Are you looking to buy your first home and you think you don’t have the credit ready yet? The credit history is very important when you are applying for a home mortgage loan, each program has its minimum credit score defined. In this post I will […]
Eligible Properties: FHA vs Conventional
Do you know the Eligible Properties for FHA and Conventional loans? Did you know that there are properties that can NOT be purchased through these programs? In this post I will share with you all the information regarding eligible and ineligible properties, the difference between downpayment for each type of property, in particular for Condominiums, […]
401K as Downpayment Source
If you have thought about buying a house in Florida and you do not have all the money to make the downpayment of your dream house, you may have already asked yourself the following questions: Are you thinking purchasing your Primary Home? Do you know that you can use your retirement 401K as Downpayment Source? […]
