Dunedin FHA Loans

apply-now-today

Dunedin FL FHA mortgage loans permit you to get an easy home loan for your house. The United States federal government insures these mortgage loans through the FHA Department to ensure homeowners to get mortgage loans with limited requirements and to provide security to the mortgage lender. If a borrower does not make his commitments, the government insurance covers the loss of the money lenders.

Benefits of Dunedin FHA Mortgages

With a minimal down of just 3.5% and its easy terms of borrowing, Dunedin FHA mortgage loans become one of the best options for FTHB today. Even individuals with below average credit scores can simply opt for a Dunedin FHA home loan.

Negatives Features of a Dunedin FHA Mortgage Loan

With the benefits of easy accessibility comes the disadvantages that you will have to pay a little extra on your monthly home loan payments to cover the MIP.

Guidelines to Get Qualified for an FHA Home Loan

To ensure you meet the requirements for a Dunedin FHA home mortgage, you need to be a legal citizen of the Unites States with gainful employment. In addition, as the FHA department only accepts selected money lenders for their home loan insurance, you can not apply online for a Dunedin FHA home loan from every mortgage lender. Even after you find the right home loan from every mortgage lender, an FHA home loan is only sanctioned if the house you are requesting to purchase has been approved by the FHA department.

Maximum Loan Amounts of a Dunedin FHA Loan

The maximum limits of the home loan amount vary in every state and county of the USA, however, the general max home loan limit is approximately $625,000.

How to Get a Dunedin FHA Home Mortgage?

If you wish to get a Dunedin FHA loan, contact First Nationwide Lending, where we can provide you with more information regarding these mortgage loans and clarify your query to simplify the process of buying your new home.

 

Contact Us

map

1990 Main Street, Suite 750
Sarasota, FL 34236
Phone: (941) 256-3729
Toll Free: (877) 442-4023

Latest News