Palm Harbor FHA Loans


Palm Harbor FL FHA home loans permit you to obtain an easy mortgage for your property. The United States federal government insures these home loans via the Federal Housing Administration (FHA) to ensure homeowners to obtain home loans on relaxed conditions and to provide security to the mortgage lender. If a person doesn’t pay his commitments, the mortgage insurance covers the loss of the mortgage bankers.

Advantages of Palm Harbor FHA Home Mortgages

With a low down of about 3.5% and its great terms of borrowing, Palm Harbor FHA home loans become a viable option for first home buyers today. Even borrowers with bad credit history can simply choose a Palm Harbor FHA mortgage.

Negatives Features of a Palm Harbor FHA Mortgage

With the benefits of easy access comes the disadvantages that you will have to pay a little more on your regular mortgage payments to make up for the MIP.

Requirements to Qualify for an FHA Mortgage Loan

To ensure you qualify for a Palm Harbor FHA home loan, you must be a legal citizen of the USA with a steady job. Moreover, as the FHA only accepts selected mortgage bankers for their mortgage insurance, you can not apply for a Palm Harbor FHA mortgage from every mortgage lender. Even after you find the right mortgage from every mortgage lender, an FHA mortgage is only acceptable if the house you wish to buy has been authorized by the FHA department.

Maximum Loan Amounts of a Palm Harbor FHA Home Mortgage

The maximum limits of the home loan amount vary from state to state and county to county, however, the standard maximum mortgage amount is approximately $625,000.

How to Obtain a Palm Harbor FHA Mortgage?

If you wish to request a Palm Harbor FHA home loan, contact us at the First Nationwide Lending, where we can provide you with more information regarding these home loans and clarify your query to streamline the process of buying your new home.


Contact Us


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

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