FHA Loans - Jacksonville, Florida

FHA Mortgage Jacksonville Florida



Jacksonville Florida FHA Loans

Every day, due to unemployment and decreasing earnings less and less people qualify for a loan. If we were to talk about Jacksonville and unemployment figures 6 years ago we would say that Jacksonville was well ahead of the game because of a booming auto industry and busy port.

Surprisingly in August of 2012 Jacksonville had unemployment slightely above the average for Florida. 9.3%. Please see an interesting graph provided by the folks over at City-Data.com.



Please keep in mind that the FHA loan program:

  •  Allows for lower credit scores than Fannie Mae/Freddie Mac
  •  Allows for a 580 middle credit score.
  • Requires three trade lines paid on time with a good rental history.


Florida Zillow Home Value Index


Here is my favorite source zillow showing a nice tend on median home prices. In the last 4 months FHA interest rates have swung from 3.25% ! to 3.75% and hovering. If you are at all in the market you may enjoy checking into my Daily Rate Lock Advisory.

If you consider your self a First Time HomeBuyer you for the most part will take an FHA loan. If you have 20% to put down on a home, than you should consider a Fannie Mae Loan.


Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
How can we get in touch with you?
Tell us about your credit history.