3.5% Georgia FHA Mortgage Lenders Min 580 FICO!!

Georgia FHA Mortgage Lenders- Georgia FHA Home Loans!

FHA loans have been helping Georgia residents since 1934

A Georgia FHA Mortgage Lender can offer you a better Mortgage Deal including:

Low er down payments (if any)
Lower closing costs
Easier credit qualifying
Same Day Pre Approvals!

All Georgia Mortgage Situations Welcome!

GEORGIA FHA MORTGAGE LENDERS:

Down payment only 3.5% of the purchase price.
Gifts from family or FHA Grants for down payment assistance and closing costs OK!
Sellers can credit the buyer’s up to 6% of sales price towards buyers costs and pre-paid.
No reserves or future payments in account required.
FHA regulated closing costs.
Read more about buying a home with an FHA mortgage Bad Credit –No Credit – Investment –Second Home –Multi Family –

GEORGIA FHA MORTGAGE LOANS ARE EASIER BECAUSE:

12 months after a chapter 13 Bankruptcy FHA mortgage Lender approvals!
24 months after a chapter 7 Bankruptcy FHA mortgage Lender approvals!
3 years after a Foreclosure FHA mortgage Lender approvals!
No Credit Score FHA mortgage Lender approvals!
580 required for 96.5% financing or 3.5% down payment FHA mortgage Lender approvals.
500 required for 90% financing or 10% down payment FHA mortgage Lender approvals.
BAD CREDIT GEORGIA with minimum 500 FICO credit score with 10% Down Payment FHA. For FHA mortgage applicants with credit scores between 500 and 579 must make down payments of at least 10% down!
Read more about FHA Qualifying Qualification Summary – Manual Underwrite – Collections-Judgement’s – Bankruptcy or Foreclosure – Compensating Factors –

GEORGIA FHA MORTGAGE DEBT TO INCOME & EASIER JOB QUALIFYING

FHA allows higher debt ratio’s than any conventional mortgage loan programs.
Less than two years on the same job is OK!
Self-employed buyers can also qualify with FHA Mortgage Lenders.
Read More about Gifts For Down Payment – Documents Checklist – Debt To Income – Student Loans –

Whether you’re a first time Georgia home buyer, moving to a new home, or want to FHA refinance your existing conventional or Florida mortgage, we will show you how to purchase or refinance a home with flexible guidelines. Good Credit – Bad Credit – No Credit + No Problem + We work with everyone towards home ownership!

GEORGIA FHA MORTGAGE TOPICS OF INTEREST

When you decide to apply for a Georgia FHA mortgage you need to know you’re dealing with experienced full-time mortgage lending professionals who know GA real estate. We offer a huge assortment of Georgia FHA, VA, Conventional & Private Georgia mortgage programs built around Georgia home buyers and homeowners.

Whether you’re buying a first Georgia home using our great FHA mortgage program or refinancing a home you already own using traditional FHA mortgage financing, nothing helps more than having a seasoned Georgia FHA mortgage lender working hard answer all your Florida FHA mortgage questions!

GA Home Buyer Initial Questions

What is the minimum down payment for FHA Mortgage? Currently, 3.5% can from family gift or grant.
Can my parents or other relatives give me money? Yes, provided the money is considered a gift and your relative sign and date the proper gift letter documentation.
Is there a maximum FHA Mortgage Loan Amount? Yes, see maximum loan limits below based on the Georgia county.
What is an FHA Mortgage loan? The FHA is a division of the Department of (HUD) Housing and Urban Development. An FHA mortgage loan is a mortgage that is insured by the Federal Housing Administration (FHA) and funded by private Georgia FHA approved mortgage lenders.

Are FHA mortgage for Georgia first time home buyers only? NO, FHA mortgage loans are NOT only for Georgia first–time buyers only. FHA loans can be used by first time buyers and repeat buyers alike. The FHA mortgage is often marketed as a product for “first–time buyers” because of its low down payment and flexible qualifying requirements. FHA mortgage applicants can purchase an FHA approved investment property using and FHA mortgage loan.

How Does The FHA Mortgage Insurance Work? Anyone who takes out an FHA mortgage finances the insurance into the FHA mortgage loan amount. This “Up Front Mortgage Insurance ” cost is called the “UFMIP”. The upfront mortgage insurance premium paid on all FHA mortgages is paid to the government and use the funding fee money to reimburse Georgia FHA Mortgage lenders who were forced to foreclose on mortgages that were financed to bad credit mortgage applicants. Think of the funding fee as the foreclosure “insurance fund” for the FHA Georgia Mortgage Lenders. In addition to the upfront funding fee, the borrower is also required to pay a small monthly fee to the FHA as part of their monthly mortgage payment. The monthly fee is called monthly MIP or mortgage insurance premium.

Do I have to be a Georgia first time mortgage buyer to use the FHA mortgage? No you do not have to be a first time Georgia home buyer but the FHA mortgage is only for a Primary Georgia home purchase only.

Can I roll all the closing costs into the FHA mortgage? You are permitted to finance the upfront FHA funding fee only. FHA mortgage closing costs can be paid by the seller up to 6% and must be negotiated up front in your purchase and sale agreement.

Can I get an FHA Mortgage after a Foreclosure or Bankruptcy? YES! you can qualify for an FHA mortgage 3 years after the title was transferred out of your name.A borrower may also still qualify for an FHA insured loan after declaring Chapter 13 bankruptcy, if at least 1 year of the bankruptcy payout period has passed and the borrower has been making satisfactory payments. In these cases, the FHA mortgage applicant must also request permission from the court to enter into a new FHA mortgage loan. declaring Chapter 7 bankruptcy, if at least 2 years have passed since the bankruptcy discharge date. FHA mortgage applicants must also have re-established good credit or have opted to incur no new debts (this means you specifically chose to take out no new loans, credit cards, etc.)

Georgia FHA Mortgage Programs:

All Georgia Property Types Including:

Single family Homes
Town House- check for lot and/or block legal descriptions.
Villas- check for lot and/or block legal descriptions.
Modular Homes
Manufactured homes
FHA Approved condominium – Search Florida FHA Approved Condos

FHA Mortgage Loans Make It Easier To Buyer A GA Home

The FHA mortgage is so popular is because Georgia mortgage applicants use them are able to take advantage of benefits and protections unavailable with any other mortgage loan program. Loans through the FHA are insured by the government, so the Georgia mortgage lenders that approve these loans are more lenient. The advantages are outweigh any other mortgage program and include and include the following:

Lower Cost & Fees- In addition to lower interest rates, FHA borrowers enjoy lower costs on other fees like closing costs, FHA mortgage insurance and govt regulated closing cost.
Easier to Qualify- While most mortgage loans prohibit applicants with bad credit history and low credit scores, the FHA mortgage loans available with lower requirements so its easier for you to qualify.
Lowest Interest Rates- You’ve heard the horror stories of subprime borrowers who couldn’t keep up with their mortgage interest rates. Well, FHA loans usually offer lower interest rates to help homeowners afford housing payments.
Bankruptcy / Foreclosure- Even If you’ve filed for bankruptcy or suffered a foreclosure in the past few years doesn’t mean you’re excluded from qualifying for an FHA loan. As long as you meet other requirements that satisfy the FHA, such as re-establishment of good credit, solid payment history, etc., you can still qualify.
No Credit Score/ No Trade Lines OK! – The FHA usually requires two lines of credit for qualifying applicants. If you don’t have a sufficient credit history, you can try to qualify through a substitute form.

For many Georgia FHA mortgage applicants, using an FHA mortgage can really make the difference between owning your dream house affordability and getting out of the never ending rental trap. The FHA mortgage provides a wealth of benefits for Georgia mortgage applicants that qualify, so please make full use of them.

We provide free credit counseling to and work with everyone to get PRE APPROVED!

County Name	Limits	Media Price	MSA Name
APPLING	271,050	45,000	NON-METRO
ATKINSON	271,050	25,000	NON-METRO
BACON	271,050	36,000	NON-METRO
BAKER	271,050	137,000	ALBANY, GA
BALDWIN	271,050	108,000	MILLEDGEVILLE, GA
BANKS	271,050	80,000	NON-METRO
BARROW	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
BARTOW	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
BEN HILL	271,050	50,000	FITZGERALD, GA
BERRIEN	271,050	53,000	NON-METRO
BIBB	271,050	102,000	MACON, GA
BLECKLEY	271,050	61,000	NON-METRO
BRANTLEY	271,050	194,000	BRUNSWICK, GA
BROOKS	271,050	128,000	VALDOSTA, GA
BRYAN	271,050	210,000	SAVANNAH, GA
BULLOCH	271,050	122,000	STATESBORO, GA
BURKE	271,050	185,000	AUGUSTA-RICHMOND , GA-SC
BUTTS	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
CALHOUN	271,050	45,000	NON-METRO
CAMDEN	271,050	118,000	ST. MARYS, GA
CANDLER	271,050	61,000	NON-METRO
CARROLL	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
CATOOSA	271,050	163,000	CHATTANOOGA, TN-GA
CHARLTON	271,050	65,000	NON-METRO
CHATHAM	271,050	210,000	SAVANNAH, GA
CHATTAHOOCHEE	289,800	171,000	COLUMBUS, GA-AL
CHATTOOGA	271,050	51,000	SUMMERVILLE, GA
CHEROKEE	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
CLARKE	320,850	260,000	ATHENS-CLARKE , GA
CLAY	271,050	54,000	NON-METRO
CLAYTON	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
CLINCH	271,050	59,000	NON-METRO
COBB	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
COFFEE	271,050	63,000	DOUGLAS, GA
COLQUITT	271,050	58,000	MOULTRIE, GA
COLUMBIA	271,050	185,000	AUGUSTA-RICHMOND , GA-SC
COOK	271,050	51,000	NON-METRO
COWETA	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
CRAWFORD	271,050	102,000	MACON, GA
CRISP	271,050	80,000	CORDELE, GA
DADE	271,050	163,000	CHATTANOOGA, TN-GA
DAWSON	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
DECATUR	271,050	80,000	BAINBRIDGE, GA
DEKALB	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
DODGE	271,050	40,000	NON-METRO
DOOLY	271,050	36,000	NON-METRO
DOUGHERTY	271,050	137,000	ALBANY, GA
DOUGLAS	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
EARLY	271,050	50,000	NON-METRO
ECHOLS	271,050	128,000	VALDOSTA, GA
EFFINGHAM	271,050	210,000	SAVANNAH, GA
ELBERT	271,050	50,000	NON-METRO
EMANUEL	271,050	34,000	NON-METRO
EVANS	271,050	38,000	NON-METRO
FANNIN	271,050	159,000	NON-METRO
FAYETTE	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
FLOYD	271,050	92,000	ROME, GA
FORSYTH	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
FRANKLIN	271,050	80,000	NON-METRO
FULTON	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
GILMER	271,050	115,000	NON-METRO
GLASCOCK	271,050	30,000	NON-METRO
GLYNN	271,050	194,000	BRUNSWICK, GA
GORDON	271,050	96,000	CALHOUN, GA
GRADY	271,050	60,000	NON-METRO
GREENE	515,200	199,000	NON-METRO
GWINNETT	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
HABERSHAM	271,050	119,000	CORNELIA, GA
HALL	271,050	170,000	GAINESVILLE, GA
HANCOCK	271,050	108,000	MILLEDGEVILLE, GA
HARALSON	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
HARRIS	289,800	171,000	COLUMBUS, GA-AL
HART	271,050	113,000	NON-METRO
HEARD	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
HENRY	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
HOUSTON	271,050	126,000	WARNER ROBINS, GA
IRWIN	271,050	52,000	NON-METRO
JACKSON	271,050	153,000	JEFFERSON, GA
JASPER	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
JEFF DAVIS	271,050	40,000	NON-METRO
JEFFERSON	271,050	33,000	NON-METRO
JENKINS	271,050	37,000	NON-METRO
JOHNSON	271,050	60,000	DUBLIN, GA
JONES	271,050	102,000	MACON, GA
LAMAR	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
LANIER	271,050	128,000	VALDOSTA, GA
LAURENS	271,050	60,000	DUBLIN, GA
LEE	271,050	137,000	ALBANY, GA
LIBERTY	271,050	138,000	HINESVILLE, GA
LINCOLN	271,050	185,000	AUGUSTA-RICHMOND , GA-SC
LONG	271,050	138,000	HINESVILLE, GA
LOWNDES	271,050	128,000	VALDOSTA, GA
LUMPKIN	271,050	140,000	NON-METRO
MACON	271,050	28,000	NON-METRO
MADISON	320,850	260,000	ATHENS-CLARKE , GA
MARION	289,800	171,000	COLUMBUS, GA-AL
MCDUFFIE	271,050	185,000	AUGUSTA-RICHMOND , GA-SC
MCINTOSH	271,050	194,000	BRUNSWICK, GA
MERIWETHER	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
MILLER	271,050	55,000	NON-METRO
MITCHELL	271,050	40,000	NON-METRO
MONROE	271,050	102,000	MACON, GA
MONTGOMERY	271,050	65,000	VIDALIA, GA
MORGAN	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
MURRAY	271,050	102,000	DALTON, GA
MUSCOGEE	289,800	171,000	COLUMBUS, GA-AL
NEWTON	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
OCONEE	320,850	260,000	ATHENS-CLARKE , GA
OGLETHORPE	320,850	260,000	ATHENS-CLARKE , GA
PAULDING	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
PEACH	271,050	126,000	WARNER ROBINS, GA
PICKENS	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
PIERCE	271,050	50,000	WAYCROSS, GA
PIKE	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
POLK	271,050	75,000	CEDARTOWN, GA
PULASKI	271,050	126,000	WARNER ROBINS, GA
PUTNAM	271,050	161,000	NON-METRO
QUITMAN	271,050	43,000	NON-METRO
RABUN	271,050	115,000	NON-METRO
RANDOLPH	271,050	25,000	NON-METRO
RICHMOND	271,050	185,000	AUGUSTA-RICHMOND , GA-SC
ROCKDALE	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
SCHLEY	271,050	60,000	AMERICUS, GA
SCREVEN	271,050	40,000	NON-METRO
SEMINOLE	271,050	41,000	NON-METRO
SPALDING	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
STEPHENS	271,050	73,000	TOCCOA, GA
STEWART	271,050	41,000	NON-METRO
SUMTER	271,050	60,000	AMERICUS, GA
TALBOT	271,050	98,000	NON-METRO
TALIAFERRO	271,050	40,000	NON-METRO
TATTNALL	271,050	50,000	NON-METRO
TAYLOR	271,050	50,000	NON-METRO
TELFAIR	271,050	28,000	NON-METRO
TERRELL	271,050	137,000	ALBANY, GA
THOMAS	271,050	118,000	THOMASVILLE, GA
TIFT	271,050	119,000	TIFTON, GA
TOOMBS	271,050	65,000	VIDALIA, GA
TOWNS	271,050	128,000	NON-METRO
TREUTLEN	271,050	30,000	NON-METRO
TROUP	271,050	114,000	LAGRANGE, GA
TURNER	271,050	50,000	NON-METRO
TWIGGS	271,050	102,000	MACON, GA
UNION	271,050	110,000	NON-METRO
UPSON	271,050	45,000	THOMASTON, GA
WALKER	271,050	163,000	CHATTANOOGA, TN-GA
WALTON	342,700	297,000	ATLANTA-SANDY SPRINGS-ROSWELL, GA
WARE	271,050	50,000	WAYCROSS, GA
WARREN	271,050	30,000	NON-METRO
WASHINGTON	271,050	30,000	NON-METRO
WAYNE	271,050	58,000	JESUP, GA
WEBSTER	271,050	19,000	NON-METRO
WHEELER	271,050	41,000	NON-METRO
WHITE	271,050	120,000	NON-METRO
WHITFIELD	271,050	102,000	DALTON, GA
WILCOX	271,050	32,000	NON-METRO
WILKES	271,050	41,000	NON-METRO
WILKINSON	271,050	34,000	NON-METRO
WORTH	271,050	137,000	ALBANY, GA

GEORGIA FHA MORTGAGE LENDERS

Georgia Mortgage Lenders

Friday, April 21, 2017