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Margate Florida is a city in Broward County, Florida,. As of the 2010 census, the city had a population of about 54,000. It is part of the Miami ,Fort Lauderdale, Pompano Beach, Davie FL Area, which is home to 5,600,000. Many Margate Florida Bad credit home loan applicants don't realize that the FHA mortgage can help Florida homebuyers with bad credit. If you have a bad credit past and your looking for a Broward County  mortgage an FHA loan may be your best option. Advantages Include:

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MARGATE FLORIDA BAD CREDIT MORTGAGE LENDERS

 

MARGATE FL HOUSEING DATA

Population in 2012: 55,026 (100% urban, 0% rural). Population change since 2000: +2.1%

Males: 25,953   (47.2%)
Females: 29,073   (52.8%)
Median resident age:   42.3 years
Florida median age:   40.3 years

Zip codes: 33068.

Estimated median household income in 2012: $42,037 (it was $38,722 in 2000)

Margate: $42,037
FL: $45,040

Estimated per capita income in 2012: $22,233
Margate city income, earnings, and wages data
Estimated median house or condo value in 2012: $108,191 (it was $82,300 in 2000)

Margate: $108,191
FL: $148,200

Margate FL Mean prices in 2011: All housing units: $146,318; Detached houses: $199,154; Townhouses or other attached units: $127,424; In 2-unit structures: $97,026; In 3-to-4-unit structures: $116,769; In 5-or-more-unit structures: $76,291; Mobile homes: $43,703
Median gross rent in 2012: $1,184.

MARGATE FLORIDA MORTGAGE INFORMATION

  1. MARGATE FL MORTGAGE LENDERS

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CREDIT REQUIREMENTS

FHA MORTGAGE

550 MIN FICO

PORTFOLIO MORTGAGE

NO MINIMUM

VA MORTGAGE

550 MIN FICO SCORE 

USDA LOANS

580 MIN FICO SCORE 

FANNIE MAE.

620 MIN FICO SCORE 

FREDDIE MAC

620 MIN FICO SCORE 

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954-667-9110

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Reviews on Zillow
1399173
"Thomas went above and beyond to get our mortgage approved. We had a couple of "hiccups" with our VA financing and Thomas was able to get them resolved ... more "
5.0/5.0
by lbaze2008
1375949
"I was hesitant to utilize someone from the internet to obtain my home loan. I even let my real estate agent talk me into going with someone local ... more "
5.0/5.0
by rmac333
1345066
"Thomas martin was a great help with our mortgage . it was a stressful time in our life , but Thomas remained calm through out the whole process which ... more "
5.0/5.0
by zuser20140303145114251