Posts By Kevin Sandridge
Location
Florida
Phone: (888) 859-7418
Posts
Recent requests for FHA Financing for self-employed borrowers have come through our Winter Haven office. It’s an issue that is causing a good bit of frustration for some self-employed folks as they attempt to secure home loan financing.
FHA home loan lending here in Winter Haven, Florida has been busting at the seams, and Friday brought some more great news to folks living in high-cost areas looking to finance a home purchase or refinance using an FHA Home loan.
With the passing of the American Reinvestment and Recovery Act, FHA will be allowing higher Florida loan limits through the end of 2009.
I’ve received a lot of questions about the recent stimulus package and the $8,000 “First-Time Home Buyer” tax credit that is part of it. There are many scenarios and questions about who does and who does not qualify… and even the term “First-time home buyer” is not entirely correct!
Here are some of the top questions complied and answered by the National Association of Mortgage Brokers, the National Association of Realtors and tax advisors!
If you’re in the Winter Haven, Florida are and have been considering using an FHA home loan to either purchase a home or refinance your existing home, one of your key concerns is most likely how much your credit history comes into play. The answer? Your credit history matters, but in a different way than it might with a conventional home loan.
In my continued efforts to clear up some of the mystery that still seems to surround FHA lending here in Winter Haven, Florida – I’ve pulled together 5 “Quick Hit” FHA secrets you should keep handy as you do your home loan homework! When using a non-occupant co-borrower, such as parents, the occupant borrower is [...]
With the increasing popularity of FHA loan programs here in Winter Haven, FL – I’m amazed at how many “myths” that seem to be floating around. Folks are obviously starting to do their homework, which is great! However, I figured I’d point my local Winter Haven home buyers and potential refinance clients in the right direction on a few key points…
With Downpayment Assistance Programs (DPAs) now out of the picture, first time Winter Haven, Florida homebuyers would do well to consider a loan from an immediate family member as a source for their 3.5 percent FHA home loan downpayment requirement.
One common misconception out there about FHA loans is that you can only have one at a time. Although it is most common for folks to have only one FHA loan, there are cases where Winter Haven, Florida home buyers might in fact qualify to purchase two homes using FHA financing. If you live here [...]
For many in the first time Florida homebuyer category, the biggest obstacle is usually… wait for it… yup! You guessed it… the down payment! Shoot. Even those of you reading this who are no longer home buying virgins most likely remember saying something like: “Man, I’d like to buy a home but don’t have the [...]
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