FHA loans are very popular for transitioning renters into home owners. With the rising rents in Lee County many renters are seeing that owning a home is potentially a better investment and more cost effective than renting.
Lee County and Charlotte County allows loans using the FHA Product up to $314,827. Collier County FHA Loan Limits are $450,800. FHA allows a low down payment of 3.5% of purchase price and also allows that low down payment to be a gift from direct relative. Fairview Lending has helped hundreds of first time buyers buy their first home.
If you are currently renting please give us a call so we can help guide you on the steps to be able to purchase a home. Home ownership is easier than you think.