An FHA loan is typically used by a first time home buyer whether you live in Orlando Florida or any other state in the country. Most people are under the assumption that an FHA loan is a government backed mortgage loan that is designed to help every American purchase a home. This is far from the truth as there are many stipulations for getting an FHA loan. We have spent a lot of time putting together current FHA loan guidelines and trends for helping potential first time home buyers better understand the qualification and processes associated with FHA Loan programs in Florida.
Here are a few helpful links that we hope will benefit you on your journey to become a first time home buyer through the FHA loan world:
When it comes to getting a mortgage
you have more options than you think