Florida Jefferson County real estate mortgage loan programs come in many forms and come from many sources. Just as the loan structure, like a 15 year fixed rate mortgage loan, can affect your mortgage interest rate and monthly loan payments, the source of funding for your home loan can also affect your rate and payments. The source of funding can also affect the amount of your down payment and home closing costs. Now is the time to check your Jefferson County home mortgage loan rate.
Ask your Jefferson mortgage loan lender
about special mortgage programs that do not require mortgage insurance
in the state of Florida. These real estate loan programs in Jefferson
typically have a higher interest rate but still the overall payment
is less than with mortgage insurance.
Federal Housing Administration (FHA) programs are loans insured by the FHA which allow a buyer to buy a home with only a 3 percent down payment. These programs allow the entire down payment and closing costs to be gifted from a family member. These programs also allow borrowers with past credit challenges such as late payments, collections, or even bankruptcies to buy a home after maintaining at least 12 months good credit history.
Monticello Parkway Pines Blvd 32344 $23,900.00
Monticello N Cherry St 32344 $28,500.00
Jefferson home equity loans are for Florida
homeowners who want to borrow up to 100 percent of the value of thier real
estate. A Jefferson Home Equity Loan lets you borrow a specific amount
of your home's equity. It is ideal when you know how much money you
will be spending and would like a set monthly payment. 30 year terms
available for loans above $35,5000. Loan amounts to $249,000.