Bad credit plus FHA loans in all Florida including Sewall's Point FL Martin County FL, Stuart, Jupiter Island, Ocean Breeze, Sewall's Point, Hobe Sound, Hutchinson Island, Indiantown, Jensen Beach, North River Shores, Palm City, Port Salerno, Rio, Port Mayaca
Sewall's Point applicants don't realize that FHA mortgage loans can help Martin County Florida homebuyers with bad credit. If you have a bad credit past and your looking for a Martin County mortgage an FHA loan may be your best option. Advantages Include:
FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:
- Down payment only 3.5% of the purchase price.
- Gifts from family or Grants for down payment assistance and closing costsOK!
- Seller can credit buyers up to 6% of sales price towards buyers costs.
- No reserves or future payments in account required.
- FHA regulated closing costs.
- Purchase a Florida home 12 months after a chapter 13 Bankruptcy
- Purchase a 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.
- 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.
- 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 Articals for more information.
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Sewall's Point Florida is an affluent town located in Martin County, Florida. The population of the city was 1,946 at the 2000 census. The town has a total area of 4.1 square miles. Sewall's Point Florida bad credit mortgage programs include :FHA MORTGAGE | FHA REFINANCE | FHA NO CREDIT | BAD CREDIT | HARD MONEY | CONDOS | LIMITS
SEWALL'S POINT HOUSING DATA
Population in 2012: 2,041 (100% urban, 0% rural). Population change since 2000: +4.9%
Males: 971 (47.6%)
Females: 1,070 (52.4%)
Median resident age: 51.5 years
Florida median age: 40.3 years
Zip codes: 34996.
Estimated median household income in 2012: $96,197 (it was $97,517 in 2000)
Sewall's Point: $96,197
Estimated per capita income in 2012: $65,961
Estimated median house or condo value in 2012: $514,775 (it was $344,800 in 2000)
Sewall's Point: $514,775
Mean prices in 2011: All housing units: $972,385; Detached houses: $972,385
Median gross rent in 2012: $2,001.