Florida-Mortgage-Lenders.com is a leading Biscayne Gardens Florida FHA Mortgage Company. All situations welcome.
What is an Florida FHA Mortgage? FHA mortgages have been helping Biscayne Gardens Florida people become homeowners since 1934. Biscayne Gardens Florida FHA mortgage loans are backed by the FHA which is short for the Federal Housing Administration. FHA insures the FHA mortgage loan so Biscayne Gardens Florida mortgage lenders can offer easier loan qualifying and lower down payment FHA mortgage options.
BISCAYNE GARDENS FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:
• Biscayne Gardens FL Down payment only 3.5% of the purchase price.
• Gifts from family or Grants for down payment assistance and closing costs OK!
• Seller can credit buyers up to 6% of sales price towards buyer's costs.
• No reserves or future payments in account required.
• FHA regulated closing costs.
BISCAYNE GARDENS FLORIDA FHA MORTGAGE LOANS ARE EASY TO QUALIFY FOR BECAUSE YOU CAN:
• Purchase a Biscayne Gardens Florida home 12 months after a chapter 13 Bankruptcy
• Purchase a Biscayne Gardens Florida 24 months after a chapter 7 Bankruptcy.
• FHA will allow a FHA mortgage 3 years after a Foreclosure.
• Minimum FICO credit score of 580 required for 96.5% financing.
• Biscayne Gardens Bad credit Florida FHA mortgage approvals minimum FICO credit score of 530 required for 90 FHA financing.
• No Credit Score Florida mortgage loans & No Trade Line Florida FHA home loans.
BISCAYNE GARDENS FLORIDA FHA MORTGAGE LOANS ALLOW HIGHER DEBT TO INCOME & EASIER JOB QUALIFYING:
• FHA allows higher debt ratio's than any other Florida home loan programs.
• Less than two years on the same job is OK!
• Self-employed buyers can also qualify for FHA.
• Check Florida FHA Mortgage Articles for more information.
During the Biscayne Gardens Florida Housing Boom the FHA Mortgage had become an uncommon mortgage loan product because of the plentiful supply of credit including Subprime, Conventional, and Fannie Mae. Many Biscayne Gardens Florida homebuyers obtained Mortgage Loans with 0% down payment and reduced loan documentation requirements. After the crash, as Fannie Mae and other Biscayne Gardens Florida mortgage lenders retreated from these riskier loan products, FHA stepped in Biscayne Gardens Florida FHA Home Loans became the only option for borrowers with a lowdown payment and less than perfect credit.
HOMES FOR SALE IN BISCAYNE GARDENS FLORIDA
BISCAYNE GARDENS FLORIDA FHA APPROVED CITY DATA
BISCAYNE GARDENS FLORIDA:
Biscayne Gardens is an unincorporated community in Miami-Dade County, Florida, United States. It is located about 10 miles (16 km) north ofDowntown Miami, just south of the Golden Glades interchange and east of Opa-locka. It is within the census-designated place of Golden Glades.
BISCAYNE GARDENS FLORIDA FHA CITY DATA:
Median rent in 2011:
Biscayne Gardens: $1,034
Zip codes: 33167, 33168, 33169.
This neighborhood: 28.4 years
Whole city: 38.8 years
This neighborhood: 34.2 years
Whole city: 39.9 years
Average household size:
Biscayne Gardens: 3.6 people
Miami: 2.7 people
Percentage of family households:
Biscayne Gardens: 53.4%
Biscayne Gardens FHA MORTGAGE / Biscayne Gardens VA / Biscayne Gardens Biscayne Gardens FHA REFINANCE / Biscayne Gardens NO CREDIT / Biscayne Gardens BAD CREDIT / Biscayne Gardens HARD MONEY / Biscayne Gardens LOAN INFO / Altamonte SpringsHA INFO / FHA LOAN LIMITS
About the City of Biscayne Gardens
As of 2010, there were 1,324 households out of which 9.3% were vacant. In 2000, 31.3% had children under the age of 18 living with them, 44.9% were married couples living together, 14.8% had a female householder with no husband present, and 35.2% were non-families. 25.0% of all households were made up of individuals and 7.2% had someone living alone who was 65 years of age or older.
The average household size was 2.55 and the average family size was 3.12.
It is located at 25.913°N 80.21°W, with an elevation 20 feet (6.1 m). According to the United States Census Bureau, the village has a total area of 0.6 square miles (1.6 km2), all land.