3.5% Down Alabama FHA Mortgage Lenders Min 580 FICO!!

Alabama FHA Mortgage Lenders – Alabama Mortgage Lenders Providing FHA, VA, Private Lenders!

NO APPLICATION FEES AND NO LENDER FEES! SAME DAY APPROVALSFHA loans have been helping ALABAMA residents since 1934. An Alabama FHA Mortgage Lender can offer you a better Mortgage Deal including:

Low er down payments (if any)
Lower closing costs
Easier credit qualifying
Same Day Pre Approvals!

ALABAMA FHA MORTGAGE LENDERS:

Down payment only 3.5% of the purchase price.
Gifts from family or FHA Grants for down payment assistance and closing costs OK!
Sellers can credit the buyer’s up to 6% of sales price towards buyers costs and pre-paid.
No reserves or future payments in account required.
FHA regulated closing costs.
Read more about buying a home with an FHA mortgage Bad Credit –No Credit – Investment –Second Home –Multi Family –

ALABAMA FHA MORTGAGE LOANS ARE EASIER BECAUSE:

12 months after a chapter 13 Bankruptcy FHA mortgage Lender approvals!
24 months after a chapter 7 Bankruptcy FHA mortgage Lender approvals!
3 years after a Foreclosure FHA mortgage Lender approvals!
No Credit Score FHA mortgage Lender approvals!
580 required for 96.5% financing or 3.5% down payment FHA mortgage Lender approvals.
500 required for 90% financing or 10% down payment FHA mortgage Lender approvals.
BAD CREDIT ALABAMA with minimum 500 FICO credit score with 10% Down Payment FHA. For FHA mortgage applicants with credit scores between 500 and 579 must make down payments of at least 10% down!
Read more about FHA Qualifying Qualification Summary – Manual Underwrite – Collections-Judgement’s – Bankruptcy or Foreclosure – Compensating Factors –

ALABAMA FHA MORTGAGE DEBT TO INCOME & EASIER JOB QUALIFYING

FHA allows higher debt ratio’s than any conventional mortgage loan programs.
Less than two years on the same job is OK!
Self-employed buyers can also qualify with FHA Mortgage Lenders.
Read More about Gifts For Down Payment – Documents Checklist – Debt To Income – Student Loans –

Whether you’re a first time ALABAMA home buyer, moving to a new home, or want to FHA refinance your existing conventional or Florida mortgage, we will show you how to purchase or refinance a home with flexible guidelines. Good Credit – Bad Credit – No Credit + No Problem + We work with everyone towards home ownership!

ALABAMA FHA MORTGAGE LENDERS LOAN LIMITS BY COUNTY

One-Family is a single family home or condominium, Townhome, or Villa
Two-Family is two separate living units (duplex)
Three-Family three separate living units (triplex)
Four-Family four separate living units (fourplex)

Alabama County	One-Family	Two-Family	Three-Family	Four-Family	Median Sale Price
AUTAUGA , AL	294,515	377,075	455,800	566,425	145,000
BALDWIN , AL	294,515	377,075	455,800	566,425	183,000
BARBOUR , AL	294,515	377,075	455,800	566,425	97,000
BIBB , AL	294,515	377,075	455,800	566,425	190,000
BLOUNT , AL	294,515	377,075	455,800	566,425	190,000
BULLOCK , AL	294,515	377,075	455,800	566,425	72,000
BUTLER , AL	294,515	377,075	455,800	566,425	99,000
CALHOUN , AL	294,515	377,075	455,800	566,425	117,000
CHAMBERS , AL	294,515	377,075	455,800	566,425	50,000
CHEROKEE , AL	294,515	377,075	455,800	566,425	103,000
CHILTON , AL	294,515	377,075	455,800	566,425	190,000
CHOCTAW , AL	294,515	377,075	455,800	566,425	64,000
CLARKE , AL	294,515	377,075	455,800	566,425	91,000
CLAY , AL	294,515	377,075	455,800	566,425	73,000
CLEBURNE , AL	294,515	377,075	455,800	566,425	113,000
COFFEE , AL	294,515	377,075	455,800	566,425	110,000
COLBERT , AL	294,515	377,075	455,800	566,425	148,000
CONECUH , AL	294,515	377,075	455,800	566,425	74,000
COOSA , AL	294,515	377,075	455,800	566,425	86,000
COVINGTON , AL	294,515	377,075	455,800	566,425	61,000
CRENSHAW , AL	294,515	377,075	455,800	566,425	74,000
CULLMAN , AL	294,515	377,075	455,800	566,425	100,000
DALE , AL	294,515	377,075	455,800	566,425	80,000
DALLAS , AL	294,515	377,075	455,800	566,425	85,000
DEKALB , AL	294,515	377,075	455,800	566,425	105,000
ELMORE , AL	294,515	377,075	455,800	566,425	145,000
ESCAMBIA , AL	294,515	377,075	455,800	566,425	98,000
ETOWAH , AL	294,515	377,075	455,800	566,425	107,000
FAYETTE , AL	294,515	377,075	455,800	566,425	79,000
FRANKLIN , AL	294,515	377,075	455,800	566,425	65,000
GENEVA , AL	294,515	377,075	455,800	566,425	123,000
GREENE , AL	294,515	377,075	455,800	566,425	73,000
HALE , AL	331,200	424,000	512,500	636,900	141,000
HENRY , AL	294,515	377,075	455,800	566,425	123,000
HOUSTON , AL	294,515	377,075	455,800	566,425	123,000
JACKSON , AL	294,515	377,075	455,800	566,425	104,000
JEFFERSON , AL	294,515	377,075	455,800	566,425	190,000
LAMAR , AL	294,515	377,075	455,800	566,425	71,000
LAUDERDALE , AL	294,515	377,075	455,800	566,425	148,000
LAWRENCE , AL	294,515	377,075	455,800	566,425	106,000
LEE , AL	294,515	377,075	455,800	566,425	197,000
LIMESTONE , AL	294,515	377,075	455,800	566,425	160,000
LOWNDES , AL	294,515	377,075	455,800	566,425	145,000
MACON , AL	294,515	377,075	455,800	566,425	78,000
MADISON , AL	294,515	377,075	455,800	566,425	160,000
MARENGO , AL	294,515	377,075	455,800	566,425	95,000
MARION , AL	294,515	377,075	455,800	566,425	85,000
MARSHALL , AL	294,515	377,075	455,800	566,425	91,000
MOBILE , AL	294,515	377,075	455,800	566,425	92,000
MONROE , AL	294,515	377,075	455,800	566,425	50,000
MONTGOMERY , AL	294,515	377,075	455,800	566,425	145,000
MORGAN , AL	294,515	377,075	455,800	566,425	106,000
PERRY , AL	294,515	377,075	455,800	566,425	70,000
PICKENS , AL	331,200	424,000	512,500	636,900	141,000
PIKE , AL	294,515	377,075	455,800	566,425	110,000
RANDOLPH , AL	294,515	377,075	455,800	566,425	90,000
RUSSELL , AL	294,515	377,075	455,800	566,425	189,000
SHELBY , AL	294,515	377,075	455,800	566,425	190,000
ST. CLAIR , AL	294,515	377,075	455,800	566,425	190,000
SUMTER , AL	294,515	377,075	455,800	566,425	77,000
TALLADEGA , AL	294,515	377,075	455,800	566,425	86,000
TALLAPOOSA , AL	294,515	377,075	455,800	566,425	108,000
TUSCALOOSA , AL	331,200	424,000	512,500	636,900	141,000
WALKER , AL	294,515	377,075	455,800	566,425	190,000
WASHINGTON , AL	294,515	377,075	455,800	566,425	90,000
WILCOX , AL	294,515	377,075	455,800	566,425	85,000
WINSTON, AL	294,515	377,075	455,800	566,425	75,000