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3. December 2009 by admin.

Florida Mortgage Refinancing - Florida Home Refinance…TLG., a leading mortgage company in Florida, is currently working with all the major FHA banks and lenders to get ready for the new FHA Florida mortgage products under the FHA  Programs. Before sub-prime existed people with less then perfect credit relied on FHA mortgages to buy and refinance their homes.

Now that the sub-prime mortgages may be a thing of the past people are again turning to FHA mortgages to refinance there homes.  Mortgage BLOG It’s important to understand the pros and cons of an FHA mortgage, they do carry MIP otherwise known as mortgage insurance.

This is an additional fee that must be paid, good news it’s financable. What good about FHA…less down payment for your purchases, higher LTV ratio or loan to value ratios. They will even allow certain grant program so tha you can buy homes with as little as one months mortgage payments.

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