Florida FHA Loan News

r/RealEstate – Self-Employed in Florida: Do I need minimum 2 years at 1 job to qualify for a mortgage?

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Anyone purchasing a primary home can use the FHA loan. The FHA mortgage is popular with first time home buyers because of the with a low down payment requirement. The minimum credit score is 740, an escrow account is required and the rate lock period is 60 days. The payment schedule would be 179 payments of $1,790.32 and 1 payment of $1,790.78.

Getting a mortgage is more complex when you’re self-employed. These tips will help.. means you’ll qualify for lower mortgage. to securing a mortgage, it breaks down everything you need to.

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