FHA Loans

FHA loans are an attractive option, especially for first-time homeowners because it is insured by the Federal Housing Administration (FHA). Primarily, the federal government insures loans for FHA-approved lenders. Note all FHA loans require mortgage insurance. Maximum loan amount for FHA is $345,000.00. Typically the borrower can be approved with 3.5% down vs up to 20% that is required on other loan programs. Credit scores from 580 and up qualify for this program with 3.5% down. 500-579 can qualify with 10% down. This loan also offers funds for closing costs if needed for qualified borrowers as well as seller concessions and gifted funds from immediate relatives. The higher the credit score the lower the interest rate. I offer credit enhancement services to any client that needs it. This is not a credit repair service offer. This service is free of charge and it allows the buyer to see what is needed on their behalf to get to their goal.


Although my main office is located in Miami, I can service the entire state of Florida, including Miami, Broward & Palm Beach County. I mainly work from my personal office in Boca Raton. Please contact me at (561)-808-5535 or mgorlano@bestbeach.net if you have any questions about any of the other programs I can offer.