Posted on: 01st Nov, 2011 02:29 pm
I find my options confusing. I purchased a home when married-1989,got divorced 1996,i kept house and sold it. Since it has been over 20 years from a joint loan..paid off in full,my credit is 820, i have 0 debt,how do i look and find help getting pre-approved in Florida for disability help mortgage..and what are the income requirements?
Hello rbg,
A mortgage issued by federally qualified lenders and insured by the Federal Housing Administration (FHA). FHA loans are designed for low to moderate income borrowers who are unable to make a large down payment. FHA loans allow the borrower to borrow up to 97% of the value of the home. The 3% down payment requirement can come from a gift or a grant, which makes FHA loans popular with first-time buyers.
:idea:
A mortgage issued by federally qualified lenders and insured by the Federal Housing Administration (FHA). FHA loans are designed for low to moderate income borrowers who are unable to make a large down payment. FHA loans allow the borrower to borrow up to 97% of the value of the home. The 3% down payment requirement can come from a gift or a grant, which makes FHA loans popular with first-time buyers.
:idea:
