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FHA home loans continue to be a popular mortgage choice for Rockledge, FL home buyers and those looking to refinance. In fact the FHA has been helping people own homes in cities like Rockledge since 1934. Simplified 2019 guidelines include easier qualifications with low down payments.
The 30-year fixed loan is by far the most common loan program, but adjustable rate mortgage (ARM) and 15-year fixed loans offer lower rates. If you’re ok with the higher monthly payment of the 15-year fixed loan or the possibility of your rate changing with the ARM, one of these loan programs could help you pay much less interest over time for your home loan.
If you are buying a home in Rockledge that needs minor or major upgrades, an FHA 203k Loan is one of many Florida rehab loan programs that includes funding for home renovation costs in the original loan amount, at the time of purchase.
Rockledge, Fla.-Boston-based Long Wharf Real estate partners. centerline capital Group has provided a $3.6 million Fannie Mae DUS Choice Loan to refinance a property located in Cottage Grove, Minn..
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EASIER QUALIFICATION- The FHA loan insures rockledge Florida FHA mortgage lenders against loss for FHA loans made to properly qualified ROCKLEDGE FL FHA home loan applicants. Most ROCKLEDGE FL home buyers will find it easier to qualify with an FHA loan compared to any other Florida home loan programs.
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