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Contact

Tammy Bryan
Office: (352) 498-2400
Cell: (352)356-1296
Fax: (352) 498-2403

Email:
compassrealty@bellsouth.net

Address:
130 Main Street/ PO Box 154
Horseshoe Beach, FL 32648

Broker: Tammy Bryan
Broker Associate: James Butler
Realtor: Barbara Butler
Realtor: Lydia Henderson
     Cell: (850) 394-8437
Realtor: Carol McClellan
     Cell: (352) 356-3468

Government Loans

FHA and VA Mortgages

The Federal Housing Administration (FHA) and the U.S. Department of Veterans Affairs (VA) offer government-insuredmortgage loans. These loans have features that make them easier for first-time home buyers to obtain.

These features include:

• low down payment requirements
• flexible credit and income guidelines

FHA Mortgage Features

• Low down payment
• Fixed- and adjustable-rate loans available
• Insurance from the federal government replaces private mortgage insurance (PMI)
• Maximum loan amounts vary by county

FHA Limits by FHA.com

• 4-plex - $1,202,925
• Triplex - $967,950
• Duplex - $800,775
• single - $625,500

VA mortgage features

• No down payment loans up to a certain amount for qualified veterans
• Fixed- and adjustable-rate loans available
• More flexible qualification guidelines than those for conventional loans