First Time Home Buyer Lauderhill Florida
We proud on ourselves as Lauderhill Florida’s #1 First Time Home Buyer loan lender. We are helping borrowers in Lauderhill Florida to qualify for the best First Time Home Buyer loan to meet their borrowing requirements. Some First Time Home Buyer loan programs in Lauderhill Florida are backed by the Federal Housing Administration (FHA). These popular first time homebuyer loans require lower minimum credit scores and down payments to make it easier to qualify.
First Time Home Buyer Lauderhill Florida
CambridgeHomeLoan.com has a number of First time home buyer loan programs from simple W2 employees to full 2 year tax returns, self employed loans, Non QM loans and more with low down payments and fees. Contact us today to craft the loan that best fits your needs. Some qualifications below.
FHA First Time Home Buyer and HomeReady Program Terms
- A credit score of at least 580 for a 3% down home loan
- A credit score of 500 to 579 for a 10% down payment
- FHA loan with 3.5% down payment requirement
- Mortgage insurance that is offset due to lower FHA interest rates than a conventional loan.
- FHA Debt to income ratio of 50% or less
Qualify for a 3% down Home Loan in Lauderhill Florida. Use this application to pre-qualify and start shopping for your new home in Lauderhill Florida today! Purchase, Refinance, Cash Out Refinance.
According to an announcement by the FHA the loan limit for 2022 will be $420,680 for most of the country. The 2022 FHA loan limit for the high cost areas will be $970,800.
Contact us to find out what the loan limits in the county you would like to purchase in. Call now 800-826-5077.
Prequalify now to see how much of Loan you can qualify for.
Benefits of Being A First Time Home Buyer In Lauderhill Florida
- Low down payment with a minimum of 3% down payment
- Lower credit scores. Down to 580 to for 3.5% down payment
- VA Loan with No down payment required
- For First Time Home Buyer's, FHA provides a guarantee loans to the lender who is actually extending the loan on an FHA loan.
- To apply for an FHA loan, you'll need to provide your Social Security number, two years of tax returns and employment verification.
- Simple Application and Approval Process
- To apply for an FHA loan, you'll need to provide your Social Security number, two years of tax returns and employment verification.
Lauderhill, officially the City of Lauderhill, is a city in Broward County, Florida, United States. As of the 2020 census, the city’s population was 74,482. It is a principal city of the Miami metropolitan area, which was home to an estimated 6,012,331 people in 2015.
Schools in and around Lauderhill
Castle Hill Elementary School
2640 NW 46th Ave · +1 754-322-5600
Royal Palm Elementary School
1951 NW 56th Ave · +1 754-322-8350
Schools-Public
1901 NW 49th Ave · +1 954-741-0422
Things To Do In and Around Lauderhill Florida
- Swap Shop & Thunderbird Drive-In Theater (Veteran flea market with entertainment)
- Uncle Bernie’s Amusement Park (Year-round spot for carnival rides)
- Central Broward Park & Broward County Stadium – No Longer a COVID-19 Site (110 acres of fields, courts, playgrounds)
- Seminole Hard Rock Hotel & Casino – Hollywood, FL (Posh music-themed lodging with a casino)
- Plantation Historical Museum (City history exhibits & butterfly garden)
- Plantation Woods (Woodland-themed park with a splash pad)
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