First Time Home Buyer Mexico Beach- Complete Help- 800-826-5077

First Time Home Buyer Mexico Beach Florida

The Best Home Loans For First Time Home Buyers! CLICK HERE!

We proud on ourselves as Mexico Beach Florida’s #1 First Time Home Buyer loan lender. We are helping borrowers in Mexico Beach Florida to qualify for the best First Time Home Buyer loan to meet their borrowing requirements. Some First Time Home Buyer loan programs in Mexico Beach 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 Mexico Beach 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 Mexico Beach Florida. Use this application to pre-qualify and start shopping for your new home in Mexico Beach 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.

Prequalify now to see how much of Loan you can qualify for.

Benefits of Being A First Time Home Buyer In Mexico Beach 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.

Mexico Beach is a city in Bay County, Florida, United States. It is located 25 miles southeast of Panama City. The population was 1,060 at the 2020 census. The community was extensively damaged by Hurricane Michael on October 10, 2018.

Schools in and around Mexico Beach

Bay Haven Charter Academy (22.6 miles) 2501 Hawks Landing Blvd
Bay Haven Charter Middle School (22.6 miles)
Patronis Elementary School (26.2 miles)
Tyndall Elementary School (15.3 miles)
Mowat Middle School (24.4 miles)
Lynn Haven Elementary School (25.2 miles)
J.R. Arnold High School (30.0 miles)

Beloved for its white-sanded shores and slow pace, this coastal community on the Gulf of Mexico has become a popular retirement destination, but this seaside town is not to be overlooked: In fact, its uncrowded beaches, local charm, and relaxed attitude are what make this pretty Florida spot such an oasis. Not just Mexico Beach, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Mexico Beach Florida

St. Joe Beach (Beach)
Crooked Island Beach (Beach)

EXPERT HOME LOAN ADVICE

Uncategorized

Real Estate Investors Turning to Private Equity and Hard Money as Banks Begin to Meltdown

Bank Meltdowns See More Real Estate Investors Turning to Private Equity and Hard Money Lenders for Financing The Federal Reserve’s continuous increase in interest rates

May 25, 2023 No Comments

Uncategorized

The Ultimate Guide to Investing in Self Storage Facilities

Everyone, from individuals to businesses, often find themselves with excess stuff, for a lack of a better term. Self-storage facilities are a great remedy to

April 19, 2023 No Comments

FHA

House Hacking 101

“House Hacking” has been a trending topic within the real estate social media world – making its way to, debatably, be the number one suggestion

April 18, 2023 No Comments

FHA

About the FHA New 40-Year Loan

Earlier this month the Federal Housing Administration (FHA) announced that they will be establishing a 40-year financing option to reduce monthly mortgage payments for those

April 18, 2023 No Comments