Jamaica Beach, TX FHA Home Loans
FHA home loans continue to be a popular mortgage choice for Jamaica Beach, TX home buyers and those looking to refinance. In fact the FHA has been helping people own homes in cities like Jamaica Beach since 1934. Simplified 2024 guidelines include easier qualifications with low down payments. Even better Jamaica Beach consumers can keep their down payment in the bank with the help of the Jamaica Beach, TX FHA home buyer grant. Credit scores will play a major factor in determining if and what FHA program will be available to you. Jamaica Beach FHA quotes are always free, get started by calling (888)416-0920. FHA experts are standing by near Jamaica Beach, TX and ready to help. Connect with a licensed home FHA specialist, ask questions and find out if you qualify.
- 560 FICO – 10% Down
- 580 FICO – 3.5% Down – Call to Check Grant Eligibility
- 620 FICO – Eligible for Forgivable Grant for Down Payment or 3.5% Down.
- Gift funds can be used on FHA transactions if needed.
Mortgage Brokers offer Lower FHA Rates and Costs
When it comes to Jamaica Beach, TX FHA loans, Mortgage Brokers have more options. Regardless of what a consumer thinks, Jamaica Beach, TX Mortgage Brokers offer a wholesale rate and lower costs. Going directly to the bank or a mortgage lender is not a better option. If you are in doubt, it is always a good idea to get a couple of quotes and compare them. If you still don’t understand the difference between Jamaica Beach FHA wholesale and retail mortgage rates call (888)416-0920. A Jamaica Beach, TX Mortgage Broker will be able to offer you more programs. Banks and Lenders have set mortgage guidelines including set credit score limits. Mortgage Brokers in Jamaica Beach, TX can work with all types of credit scores.
Working with Top Rated FHA Specialists
The Jamaica Beach FHA Mortgage team is celebrating its 26th year in business. Our experience allows for consumer mortgage confidence especially with our FHA wholesale rate option. We navigate consumers through the mortgage process, explain options and find what choice works best for you. We specialize in more than just refinancing mortgage loans. Check out consumer first time homebuyer programs, USDA home loans, VA home loans and our customer reviews.
Get on the Path to Refinancing. We got your Back!
FHA Home Loan in Jamaica Beach, TX
Get Pre-Qualified Now
FHA Benefits in Jamaica Beach, TX
- Lower Rates
- Lower Payments
- Fixed Payments
- Easier Qualifications
- FHA Grants for Down Payment
- Gift Funds Allowed
Find your FHA Mortgage near Jamaica Beach, TX (888)416-0920.
Jamaica Beach is a city in Galveston County, Texas, United States on Galveston Island. As of the 2010 census, the city’s population was 983.[5] the city is bordered by Galveston to the east and west, the east bay on the north and the Gulf of Mexico to the south.
Prior to its development, Jamaica Beach was a burial ground of the Karankawa people. Johnny Goyen and Earl Galceran of the Jamaica Corporation developed Jamaica Beach as a 2,000-lot resort subdivision in close proximity to a marina.[6] The individuals who were a part of the development effort were Goyen, Galceran, brothers Jack and Welcome Wilson, Bill Sherrill, and Jack Valenti. They acquired an area of 320 acres (130 ha) that was owned by the Moody family. An oil businessperson named R.E. “Bob” Smith decided not to be a partner in the development, but he purchased the Moody land and sold it to the developers. He did not ask for any down payments and he guaranteed a $250,000 bank loan. Initially, the beachfront lots, each 90 feet (27 m), were sold for $3,500 apiece. The “second row” houses sold at a quick pace. As the subsequent rows of houses opened to sale, the sales figures decreased slowly because while wealthy people were easily able to acquire second houses, middle class homebuyers were unable to get a mortgage, and needed to pay for the homebuilding with cash.[7]