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logo
  • Home
  • Loan Programs
  • Conventional Loans
  • 5% Down Jumbo Loans
  • FHA Loans
  • USDA Loans
  • VA Loans
  • Self Employed loans (Alternate Documentation)
  • Investor Cash Flow DSCR Program
  • Investor Cash flow worksheet (DSCR)
  • Short Term Rental Loans (Air BNB / VRBO)
  • Foreign National Loans
  • Commercial Loans
  • Apply Now
  • Resources
  • Mortgage Basics
  • Online Forms
  • Mortgage Calculators
  • Loan Process
  • Credit Card Builder
  • Blog
  • Careers
  • Why Join Coast2Coast Mortgage?
  • Loan Officer New Hire Referral Program
  • Apply for a Loan Originator Position
  • Career Opportunities
  • Loan Officer Dashboard
  • Pricing Engine
  • WeMLO Processing
  • Marketing Toolbox
  • Listing Booster
  • Go Paperless Credit Authorizations
  • Zoom Meetings
  • G-Suite Learning Center
  • Employee Portal
  • Closed Loan Submission forms
  • Reviews
  • Locations
  • 1-888-456-9796

FHA Loans

FHA loans are one of the best loan programs available for first-time buyers and move-up buyers. They offer low down payment solutions and incredibly low rates compared to other loan programs. In select cases, FHA loans allow for debt ratios up to 56.99% which translates to more buying power for you. 

Most FHA loans only require a 3.5% down payment and also allow for the seller to pay up to 6% of the purchase price towards buyers closing costs and pre-paid items such as taxes and insurance. The down payment can be a gift from a relative, and often times a buyer can move into a house with very little if any down payment. 

Here at Coast2Coast Mortgage, we have access to a unique loan program called the FHA 100 program which allows for a forgivable second mortgage to cover your down payment. Please ask a loan originator for details.

 

New Changes in FHA Loans (203H program)

If you live in a disaster area affected by a recent hurricane, you could be eligible for the 100% financed FHA 203H program. This program is for victims of the hurricane both owners of a home as well as a tenant that was renting a home damaged by the hurricane to obtain up to 100% financing on a home. Please ask us about this if you were affected by hurricane damage in a Presidentially declared disaster area. 

As FHA Loan specialists we can help you understand any new changes to the FHA loan program. We're here to create a customized solution that works best for you and your family. To learn more call us at 888-456-9796 or contact us via email at: info@coast2coastmortage.com

Want to learn more about FHA loans? Please call us or visit FHA Mortgage Source for a wealth of information. 

These materials are not from HUD or FHA and were not approved by HUD or a government agency.

About Us

We've been helping customers afford the home of their dreams for many years and we love what we do.

Company NMLS: 376205
www.nmlsconsumeraccess.org

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Contact Us

9050 Cypress Green Dr Suite 403
Jacksonville, Florida 32256
Phone: 1-888-456-9796
info@coast2coastmortgage.com

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These materials are not from HUD, FHA, the USDA, or the VA. These materials were not approved by any government agency. They are independent of any government agency. We are not in any way affiliated with any organization listed or referenced within this website, including HUD/FHA/USDA/VA. The inclusion of various education, information, web links, or materials are not an endorsement of the Sender or any of its employees or business partners.
For information directly from HUD/FHA, visit http://www.hudclips.com
For information directly from the VA, visit http://www.benefits.va.gov/HOMELOANS/
For information directly from the USDA, visit http://www.usda.gov/wps/portal/usda/usdahome?navid=GRANTS_LOANS

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