Mortgage USA conventional Florida

Conventional Mortgage Loans

A conventional mortgage loan is any loan that is not insured or guaranteed by an agency of the government. Conventional mortgage loans made by lending institutions and private lenders are the predominant method in which single family residences are financed.Usually, conventional mortgage loans are more difficult for a borrower to obtain than a mortgage under the FHA or VA programs. Conventional mortgage...

Fort Lauderdale property on the canals

Property for sale in Fort Lauderdale in southeast Florida

Are you looking for your perfect piece of paradise? Then look no further than Fort Lauderdale, in southeast Florida. With miles of white sandy beaches, crystal clear blue waters and endless sunshine, it’s no wonder that this is one of the most popular tourist destinations in the US. But Fort Lauderdale is not just a vacation spot –it’s also a great place to live. There are plenty of things to do and...

Mortgages in Florida

Types of mortgages in Florida

Although there are a number of different methods for repaying a loan, there are only three types of mortgages in Florida available: FHA insured, VA guaranteed and conventional mortgage. FHA Insured Mortgage Loans The Federal Housing Administration (FHA) was created in 1934 to provide sound lending practices, promote home ownership and upgrade housing standards. The FHA is a part of the United...

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