Winter Haven FHA Loans


Winter Haven FL FHA home mortgages allow clients to get an easy loan for your home. The US federal government insures these home mortgages via the Federal Housing Administration (FHA) to enable homeowners to get home mortgages on relaxed conditions and to provide security to the mortgage banker. If an FHA mortgagor does not make his commitments, the MI covers the loss of the mortgage lenders.

Benefits of Winter Haven FHA Loans

With a minimal down of only 3.5% and its flexible terms of borrowing, Winter Haven FHA home mortgages are one of the best options for first home buyers in today’s market. Even clients with less than perfect credit history can simply select a Winter Haven FHA loan.

Drawbacks of a Winter Haven FHA Mortgage

With the benefits of easy accessibility comes the drawbacks that you will have to pay a little extra on your regular loan payments to make up for the Mortgage Insurance Premium (MIP).

Guidelines to Qualify for an FHA Loan

To ensure you meet the requirements for a Winter Haven FHA mortgage loan, you must be a legal citizen of the Unites States with a steady job. Moreover, as the FHA only accepts selected mortgage lenders for their loan insurance, you can’t process a loan application for a Winter Haven FHA loan from every mortgage banker. Even after you find the best loan from every mortgage banker, an FHA loan is only acceptable if the house you are requesting to buy has been authorized by the Federal Housing Administration.

Extent of a Winter Haven FHA Loan

The limits of the home loan amount vary from state to state and county to county, however, the general max loan limit is approximately $625,000.

How to Get a Winter Haven FHA Home Mortgage?

If you wish to request a Winter Haven FHA loan, contact First Nationwide Lending, where we can provide you with more information regarding these home mortgages 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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