- 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|
FHAmortgagePrograms.com CURRENTLY SERVING AND LICENSED IN FLORIDA, GEORGIA … Now Approved In Alabama Serving Every location in Alabama!
BAD CREDIT ALABAMA with minimum 500 FICO credit score with 10% Down Payment FHA. For FHAmortgage applicants with credit scores between 500 and
3.5% Alabama FHA Mortgage Lenders Min 580 FICO!! Same Day FHA, VA, Bad Credit Alabama Mortgage Loans Pre Approvals Call Now 954-667-9110. … FHA mortgage Programs.com questions and answers! First Time Home buyers · FHA …
Please note Bad Credit Alabama FHA loan guidelines are a moving target and are …. https://www.fhamortgageprograms.com/Alabama-va-mortgage-lenders/.
Alabama FHA Mortgage Lenders- Alabama FHA Home Loans! SAME DAY APPROVALSFHA loans have been helping Alabama residents since 1934.
ALABAMA STATED MORTGAGE LENDERS SUMMARY! No tax returns required.
Apr 16, 2018 – Alabama FHA Mortgage Lenders – Bad Credit – No Credit OK! bad credit … At FHA mortgage programs.com we go the extra mile to help find …