FHA Loans

Florida homebuyers who are in the market for a loan with a low down payment and excellent terms will want to consider applying for an FHA loan. With an FHA loan, your down payment minimum is 3.5% in most cases.

What Are FHA Loans?

An FHA loan is a government-backed loan from the Federal Housing Administration. This program makes it more affordable and accessible for qualified buyers to purchase a home.

Benefits of FHA Loans

With the FHA insuring your loan, lenders know you are not as risky an investment as you might have been if you were applying for a conventional loan without such backing.

That can translate to some fantastic benefits:

The down payment on an FHA loan is 3.5%.

FHA loans feature lower interest rates.

Qualify without perfect credit.

Choose between fixed and adjustable rates.

While FHA loans are used primarily for home purchases, you can also use them to refinance. With an FHA loan, you can use the equity you’ve earned to help improve your payment/term or pay off debt.

Premier Lending Corp can assist you with any of these types of FHA loans.

To find out how we can help, call

954-840-8811

Who Qualifies for FHA Loans?

Think you can only qualify for an FHA loan if you are a first-time homebuyer? Actually, it may surprise you to learn that FHA loans are more widely available than that. Many repeat buyers use them to finance their purchases. They are ideal for consumers buying their first homes, but they are not limited to first-time buyers.

Here are the eligibility criteria:

  • A minimum credit score of 580.
  • Proof of income dating back a minimum of two years.
  • No bankruptcies within the past two years.
  • No foreclosures within the past three years.
  • A clear credit alert interactive voice response system (CAIVRS) report.

FHA loans are only to be used on primary residences. They cannot be used for part-time vacation homes or additional homes you are purchasing as investments.

FHA loans are only to be used on primary residences. They cannot be used for part-time vacation homes or additional homes you are purchasing as investments.

Find Out Now If You Qualify for an FHA Loan

Are you ready to move into a beautiful home in Florida? We’re here to help. At Premier Lending Corp, we can assist you in determining your eligibility for an FHA loan. Please contact us at 954-840-8811 for your pre-approval. We look forward to helping you purchase the home of your dreams!

See What Our Clients Are Saying About Us!

Donna Wukasch
Donna Wukasch
14:11 18 Mar 24
Just closed on the sale of my home that I sold as a FSBO. Can’t thank Jordan enough for all the assistance he provided not only to the buyers, but also to me. He is extremely knowledgeable and responsive, and offered multiple solutions when we encountered an issue with the appraisal. All parties were extremely satisfied. I highly recommend Jordan and the entire team at Premier Lending Corp!
Sally Moon
Sally Moon
01:51 16 Mar 24
Michael Savitt when above and beyond to help us with our loan, Thank you
Miles Harrelson
Miles Harrelson
12:57 09 Mar 24
The A team was exactly that!!! Alex and his team were ready to help out at any time of the day at a drop of a dime! The professionalism they excelled was beyond more than anyone can ever imagine! They made the process so easy going, as well as stress free as possible, and if you’re buying a home you know it can get stressful at times. I appreciate the whole A Team especially Alex for making the deal happen and getting my house!
Josue Vences
Josue Vences
02:19 05 Mar 24
Frank and his team have been amazing. We were with another lender that couldn’t get us to closing and as soon as we got introduced to Frank he had his team especially Alex reach out to us to get the process going. Within almost 2 weeks we closed on our first house! One of the things we loved about this group is that they always answered our questions, always kept us updated on our progress and always available when we needed them. Couldn’t have asked for a better mortgage team. Will definitely be recommending them to others that are looking to buy a home!
Tiffany Avera
Tiffany Avera
19:47 04 Mar 24
I can not recommend Frank, Alex and their team more. Through every twist and turn they were there, they were responsive to all my questions and mostly, got me closed in under 30 days!
Mitchell Munro
Mitchell Munro
19:33 28 Feb 24
Jordan was greatly helpful and on top of his game. From the beginning, he was extremely responsive and dedicated time to educating us on every step of the home buying process. We had a closing period of 28 days and had no issues or concerns of closing within that time. The other staff members at Premier Lending were also knowledgeable and responded quickly to our calls and emails. Overall, working with Jordan was very easy and he helped us stay comfortable while purchasing our first home. We were satisfied with our experience and would recommend all homebuyers to work with Premier Lending, especially Jordan.
juan flores
juan flores
23:58 27 Feb 24
Alexis work hard with me on getting my mortgage. Excellent work ethics and high level of commitment to his clients.
Gilma Patino
Gilma Patino
23:38 27 Feb 24
Fue una experiencia muy buena ya que me sentí muy acompañada desde el primer momento hasta que se terminó toda la gestión mil gracias por todo su apoyo señor Elias Loredo.
Yurixander Gómez
Yurixander Gómez
23:12 27 Feb 24
Muy buena atención muy profesionales y cuando llamas siempre hay disponibilidad para ayudarte.
joshua cosenza
joshua cosenza
18:13 27 Feb 24
Alexis and her team have helped multiple clients of mine and have consistently been diligent and steadfast through the process. Their patience and professionalism have helped my clients me safe and made the lending process smooth.
Natosha Scungio
Natosha Scungio
17:33 27 Feb 24
Alexis VanLandingham is by far the best in the game!! I highly recommend her to my clients in need of financing. She not only provides unwavering concierge service to my clients, which makes them feel like she is not just a business partner, but a friend. She also has been able to beat out competitive lenders on rates as well. If and when shopping for a home, you want Alexis in your corner! Trust me.
Dailee Wright
Dailee Wright
01:41 27 Feb 24
Alexis was amazing. We can’t thank her enough. She got our VA loan closed in 9 days. We got in our new house early because of her! Thank you.
Saima Chaudhry
Saima Chaudhry
03:23 22 Feb 24
Informative and easy to work with; highly recommend
evan kessler
evan kessler
16:47 21 Feb 24
As a realtor, working with Alexis has been a game-changer for my clients. Her professionalism, attention to detail, and commitment to finding the best financing options make her an invaluable asset. I confidently recommend Alexis to anyone in need of a top-notch loan officer.
Galya Lapicola
Galya Lapicola
22:45 15 Feb 24
For the second time, Federico Larrosa took care of me!First time with my refinance and then with my Heloc! The process was absolutely painless and quick because Federico made it happen. He is very cordial, friendly and knowledgeable. Please connect with him should you ever have mortgage, refinances, Heloc / Heloan. Thank you Federico!
Como agente inmobiliario, mi experiencia con el Elias Loredo de Premier Lending ha sido excepcional en todos los aspectos. Desde el inicio de nuestra colaboración, este banco ha demostrado un compromiso inquebrantable con la excelencia en el servicio y la satisfacción del cliente.Una de las características más destacadas de Elias Loredo, es su enfoque proactivo y personalizado para cada transacción. Desde el momento en que nuestros clientes expresan interés en obtener un préstamo hipotecario, el equipo del banco se pone en marcha para proporcionarles la mejor solución financiera posible. Han demostrado una comprensión profunda de las necesidades y circunstancias individuales de cada cliente, lo que ha resultado en préstamos personalizados que se adaptan perfectamente a sus situaciones específicas.Además, la eficiencia del proceso de préstamo del Banco Premier Lending es insuperable. Su equipo de profesionales capacitados y dedicados trabaja incansablemente para garantizar que las transacciones se completen de manera oportuna y sin contratiempos.Como agente inmobiliario, valoro enormemente la rapidez con la que el banco responde a las solicitudes de préstamo, lo que contribuye en gran medida a cerrar acuerdos de manera eficiente y satisfactoria para todas las partes involucradas.Lo recomiendo 100%.
Oscar Mata
Oscar Mata
18:53 14 Feb 24
He met my expectations and met my needs and requirements.Mr. Elias Loredo is a very kind, responsible person and was always attentive to my case for the approval of the home loan
ari sosa
ari sosa
16:48 09 Feb 24
Alexis VanLandingham is a superstar she handled our loan needs very professional and go above and beyond to close our apartment in time and make the right connections to accomplish Kudos for Alexis !!! We are looking forward to continue working with Alexis and her team!!
Angelica R
Angelica R
15:10 09 Feb 24
Alexis was amazing to work with. She answered all of my questions and made the process seamless and incredibly easy. Highly recommend for any and all loan needs. Thank you Alexis!
Ronald Palka
Ronald Palka
19:09 08 Feb 24
This is my fourth (or fifth, cant remember :-) with Frank Christiano and the entire team of PL CORP. Anthony, Alex, Frank and the rest have been nothing but an absolute pleasure to deal with all of these times we have bought and sold. They are efficient, knowledgeable, quick and are always there when needed. I recommend them to everyone, as you will too!
Juan Angarita
Juan Angarita
13:18 08 Feb 24
A truly stellar experience. PLC and Team were agile, diligent and ensured they provided a personable experience to make the our home purchasing process as easy as possible. Juan Fajardo is incredible, thank you.
Twin Pallets Corp.
Twin Pallets Corp.
01:05 08 Feb 24
Nuestra experiencia como compradores de vivienda por primera vez fue increíble . Desde principio a fin, Elías Loredo estaba bien informado y nos apoyó durante todo el proceso. Es una persona con mucho profesionalismo y honesta hablando claro desde un inicio y Realmente no sé qué habríamos hecho sin la ayuda de el. Una vez que encontramos la casa que nos gustaba, Elias Loredo coordino todo sin esfuerzo ! Estamos muy agradecidos con el .¡Recomiendo encarecidamente trabajar con el! 10/10.
Harold Cuervo
Harold Cuervo
22:40 06 Feb 24
I had an incredibly positive experience working with Elias for our family's mortgage needs. From the very beginning, Elias demonstrated unparalleled professionalism and a deep understanding of the mortgage industry, which instilled confidence in us throughout the entire process. His attention to detail, prompt communication, and willingness to go above and beyond made what could have been a stressful endeavor into a smooth and successful journey. Thanks to Elias, my family was able to secure a mortgage for our second investment property under terms that exceeded our expectations. I highly recommend Elias to anyone looking for expert mortgage advice and services. His dedication and expertise are truly exceptional.
anna
anna
21:42 06 Feb 24
Juan Fajardo and Premier Lending Corp ,I can only say thank you very much for the great friendly and professional attention.I recommend this company for this type of business that has to do with the refinancing of properties. Excellent work.
Matt Smith
Matt Smith
17:47 05 Feb 24
I’ve been in the Real Estate biz as a full-time Realtor for 12+ years and have worked with a ton of lenders. Jordan Nicolosi and the team at Premier Lending are some the best across the board. Professionalism, Responsiveness, Competitive Rates & Fees, & tons of Solutions are what I look for and they have it all. Easy decision to use Premier lending Corp.
Montana Hughes
Montana Hughes
14:38 05 Feb 24
Alexis was great to work with. My clients were overseas and whenever an issue arose she was on top of it and led with solutions. If it wasn’t for her, our deal wouldn’t have closed. 10/10
Saudia H
Saudia H
20:57 04 Feb 24
Working with Alexis to purchase our first home was honestly so AMAZING!!! Our experience as first time home buyers was an absolute dream. From start to finish, Alexis was incredibly knowledgeable and supportive throughout the entire process. I was completely impressed with her professionalism and dedication to us. I truly don’t know what we would have done without her. Once we found the home that we liked, Alexis and our realtor worked side by side and coordinated everything so effortlessly for us. When she reached out to let us know we were almost at the finish line in purchasing our first home, it was honestly the BEST feeling in the world! I cannot thank her enough. I HIGHLY recommend working with her! 10/10.
IRAIDA USECHE
IRAIDA USECHE
03:45 02 Feb 24
There are not enough words to express our gratitude for the excellent management of Erika Bush; authentic, professional, efficient and extraordinary. She is always attentive to offer the best options to her clients. In my case she accompanied me until the end and successfully closed the purchase of my house. I recommended their 100% .
Margarita Torres
Margarita Torres
02:53 02 Feb 24
I have worked with Erika Busch, senior loan originator and have had excellent experience, she is very professional, excellent customer service and the best knowledge about all type of loans to offer her customers. I highly recommend working with her.
Erika provided invaluable assistance throughout the entire mortgage application process, offering unwavering support at every step.
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