FHA recently announced some great news for homebuyers using the loan program in 2020. The loan limits have increased nationwide. Home buyers can view the new 2020 FHA loan limits here. The FHA mortgage program offers many advantages for homebuyers seeking to purchase a home with little down payment.
Some of the program advantages include:
- Minimum 3.5% down payment
- Closing costs that can be paid by the home seller
- Low fix interest rates – so of the lowest available today
- Lower credit qualifying requirements
- Generous loan amount limits
Read more about FHA loans here, please contact us today to learn more by calling (904) 810-2293 or just submit the Quick Request Form on this page.
