Current FHA Mortgage Rates in Florida

Current FHA Mortgage Rates in Florida

Current FHA Mortgage Rates

Today's mortgage interest rates are the lowest in over 50 years. If you are thinking of buying a home now is the perfect time because home prices are at record lows and mortgage interest rates have never been lower. We offer pre-approval letters for home buyers that want to make an offer on a property they have found. If you need to make sure that you do qualify for a mortgage speak to one of our loan officers and they will qualify you in minutes.

Current mortgage rates on a 30 year fixed rate are at an all time low. If you have not refinanced your mortgage now is the perfect time to do so. To buy a home you will need a minimum credit score of 530. You will need a minimum credit score of 500 to refinance. Call one of our loan officers to get pre-approved so that you can lock in today's low interest rates.

If you're looking for Florida's best mortgage rates you've come to the right place. We offer the lowest interest rates in the state of Florida. We will show you how to qualify for the best rates if your are looking to buy a home and do not have perfect credit. If you are thinking of refinancing we will offer you the lowest interest rates in Florida.

Today's historically low interest rates make now the perfect time to purchase a new home or refinance.

Minimum Credit Score

Credit requirements have changed. For purchase and refinance you will need a minimum of 580 credit score for 3.50% down payment or 97.5% rate and term refinance or 85.0% cash-out refinance. If your credit score is below 580 then a 10.0% down payment is required for a purchase and a maximum of 90% LTV for a rate and term refinance. Casch-out is allowed up to 75% loan-to-value.

Most lenders require a 640 credit score. There are fewer lenders that will allow 620 credit score and fewer that allow credit score down to 500.

Apply now.

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We look forward to working with you.