Alachua Baker Bay Bradford Brevard Broward Charlotte Citrus Clay Collier Columbia Dade DeSoto Duval Escambia

Flagler Franklin Gadsden Gilchrist Gulf Hamilton Hardee Hendry Hernando Highlands Hillsborough Indian River Jefferson Lake Lee

Leon Madison Marion Manatee Martin Monroe Okaloosa Nassau Orange Osceola Palm Beach Pasco Pinellas Polk Putnam

Sarasota Seminole St. Johns Santa Rosa St. Lucie Sumter Union Volusia Walton Miami Ft. Lauderdale Jacksonville Orlando Tampa

If you need a FHA mortgage in any of the florida counties or cities? We can Help!

Click here to fill out a quick FHA Mortgage Application

FHA HIGHLIGHTS

•  Low Down Payment of 3%

•  Downpayment assist programs (Ameridream)

•  Up to 95% Cash-Out Refinance

•  FHA Co-Signer is acceptable

•  FHA Streamline Refinance   (No appraisal required)

•  Flexible credit scoring 

•  NO Maximum Income Limits

•  Gift Funds:   Allowed for the entire 3% down payment  (family member, employer, gov’t agency)

•  Gift Funds:  Closing Costs and Prepaids  (family member, employer, gov’t agency)

•  6% Seller Contributions  (closing costs)

•  Down Payment Assistant (DPA) Programs allowed

•  NO Cash Reserves Required

•  Non-Occupant “Co-Borrower”  

•  31% Front end ratio & 43% Back end ratio 

•  Collections do not need to be paid  (LOX) needed

•  3 Non Traditional Tradelines OK for credit history  (utilities, phone, etc.)

•  Gap in Employment OK

•  Self Employed 1-2 Yrs OK

•  Permanent Resident Alien OK

•  Judgements must be paid or have 12 months of arranged payment history

•  NO pre-payment penalty

•  Fully assumable mortgage

 FHA LOAN LIMITS BY AREA

County Name	Single Family	Duplex	Tri-plex	Four-plex

 As a Licensed Florida FHA Mortgage Company in the state of Florida, Transcontinental Mortgage Lending Group has been writing Florida Mortgage loans for over 27 years, we have hired and trained some of the best Florida Mortgage Company Brokers over the years this allowed our company to put out the best Florida Mortgage Company Loans available. As a Licensed Florida Mortgage Broker for Transcontinental Mortgage Lending Group I appreciate working in an environment filled with very intelligent Florida Mortgage Company Brokers. This has allowed me to learn so much more about being a Florida Mortgage Broker which in return has helped me save my clients a lot of money over the years.

Transcontinental Mortgage Lending Group Inc., a leading mortgage company in Florida, is currently working with all the major FHA banks to get ready for the new FHA mortgage products under the FHA Secure Program which was set up by President George Bush. Before sub-prime existed people with less then perfect credit relied on FHA mortgages to buy and refinance their homes. Now that the sub-prime mortgages may be a thing of the past people are again turning to FHA mortgages to finance there homes. During the week of February 8 2008 the FHA reached out to 850,000 at risk homeowners who have not been able to meet there current mortgage obligations by letter. These letters are being sent to homeowners who have already faced or are experiencing the first reset of their adjustable rate mortgages, and live within geographic locations that are currently subject to FHA loan limits nationwide. Currently, FHA can insure home loans valued between $200,160 and $362,790.

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