FHA mortgage application sarasota

Sarasota FHA Mortgage – Pre Application Lender Requirements

This page updated and accurate as of 11/28/23 National Mortgage Leave a Comment

FHA home loans are a great choice for Sarasota FL home buyers, especially first time home buyers with limited savings. In this post we will talk briefly of what the FHA (Federal Housing … [Read more...] about Sarasota FHA Mortgage – Pre Application Lender Requirements

Purchase price

Please enter here the amount you expect to pay for a home.

Down payment

Down payment is cash that you pay upfront for your home.

Term in years

Number of years you have to pay.

year(s)

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.

Property Tax

Enter your property tax here if you know it.

per year

Home Insurance

Most lenders require home insurance. Enter its price here.

per year

PMI

PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.