Qualifying for an FHA Loan gets harder again

March 9, 2010

Many of the large banks are reducing the maximum debt to income ratio for FHA Loan Qualification.  Fannie Mae made a similar announcement a few months ago effecting conventional loans.  Now even though FHA itself has not made the change, many banks are making it a “Credit Overlay” to prevent home buyers and  homeowners with high debt to income ratios from flocking to FHA Loans now that they no longer qualify for conventional loans.

This change will limit FHA borrowers to 50% of their income being spent in debt.  If you take all of your credit card payments, car payments, loan payments and mortgage payment divided by your income, the number has to be less than 50%.  FHA’s Total Scorecard Underwriting System continues to approve certain borrowers with up to 57% of their income being utilized for debt, but with this new “credit overlay” many banks are not accepting the approval.

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Orlando International Airport

February 10, 2010

Orlando International Airport is the 22nd busiest airport in the country and the shifts between the #1 and #2 spots in Florida in a back and forth battle with Miami.

Some of the main airlines servicing Orlando include Airtran, Southwest, and Jetblue.
You can visit the offical site of the Orlando International Airport for more details.

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Finding School District in Orlando, Fl

February 10, 2010

Many home listings include information about area schools, but it’s always a good idea to double check. If you are looking at purchasing a home for sale in Orlando, you can use the Orange County Public Schools School Finder to know exactly what schools the home is zoned for. If you have children, school district can be a huge influence on which home you buy. With so many homes for sale right now, buyers can be picky and that includes picking a home in the right school district.

You can access the Orlando Florida Schools School Finder – Orange County Public Schools.

If you would prefer to search based on maps, you can download PDF maps of Orlando, Florida School Distirct Here. These maps can be very useful when searching Homes for Sale. You can print out the area maps when looking for Homes for Sale in a particular school district. These maps can be a great resource.

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Orlando Florida Schools

February 10, 2010

Schools  are a big part of deciding where to live.   If you have been considering purchasing a home in Orlando, Florida learning more about the schools can be very important.  The state of Florida publishes school accountability reports each year and rate schools similar to the grades given to students.  The ratings rage from A – F with A being the best.  The table below shows all of the Orlando Area Schools and their ratings for 2008 and 2009.  If you are interested in purchasing an Home in Orlando, Florida and you have school aged children, this chart can help you locate the schools with the best ratings.

School Name Grade 09 Grade 08 School Type
RIO GRANDE CHARTER SCHOOL B C Elementary
NAP FORD COMMUNITY SCHOOL Elementary
OAKLAND AVENUE CHARTER SCHOOL A A Elementary
LAKEVILLE ELEMENTARY SCHOOL B B Elementary
CYPRESS SPRINGS ELEMENTARY A A Elementary
FERN CREEK ELEMENTARY SCHOOL A B Elementary
HILLCREST ELEMENTARY SCHOOL A A Elementary
KALEY ELEMENTARY SCHOOL A C Elementary
OAKSHIRE ELEMENTARY SCHOOL A A Elementary
LAWTON CHILES ELEMENTARY SCHOOL A A Elementary
ENDEAVOR ELEMENTARY SCHOOL A B Elementary
THREE POINTS ELEMENTARY SCHOOL A C Elementary
CITRUS ELEMENTARY A B Elementary
CAMELOT ELEMENTARY A A Elementary
LAKE COMO ELEMENTARY SCHOOL A B Elementary
AVALON ELEMENTARY A A Elementary
PINELOCH ELEMENTARY SCHOOL A A Elementary
WEST CREEK ELEMENTARY SCHOOL A A Elementary
THORNE BROOKE ELEMENTARY SCHOOL A A Elementary
EAGLE’S NEST ELEMENTARY SCHOOL C A Elementary
LAKE GEM ELEMENTARY SCHOOL A A Elementary
PRINCETON ELEMENTARY SCHOOL A A Elementary
WEST OAKS ELEMENTARY SCHOOL B C Elementary
EAST LAKE ELEMENTARY SCHOOL A A Elementary
RIVERDALE ELEMENTARY SCHOOL B A Elementary
ORLO VISTA ELEMENTARY SCHOOL B C Elementary
LAKE GEORGE ELEMENTARY SCHOOL A A Elementary
KILLARNEY ELEMENTARY SCHOOL A A Elementary
ANDOVER ELEMENTARY A A Elementary
WHISPERING OAK ELEMENTARY SCHOOL A A Elementary
TILDENVILLE ELEMENTARY SCHOOL A A Elementary
PINEWOOD ELEMENTARY SCHOOL C B Elementary
PINE CASTLE ELEMENTARY SCHOOL A B Elementary
LOCKHART ELEMENTARY SCHOOL A A Elementary
UNION PARK ELEMENTARY SCHOOL A A Elementary
ZELLWOOD ELEMENTARY SCHOOL B C Elementary
DILLARD STREET ELEMENTARY SCHOOL B A Elementary
LAKE SILVER ELEMENTARY SCHOOL A A Elementary
AUDUBON PARK ELEMENTARY A A Elementary
DREAM LAKE ELEMENTARY SCHOOL A A Elementary
CONWAY ELEMENTARY A B Elementary
LAKEMONT ELEMENTARY SCHOOL A A Elementary
AZALEA PARK ELEMENTARY A B Elementary
PINE HILLS ELEMENTARY SCHOOL C C Elementary
ROCK LAKE ELEMENTARY SCHOOL A A Elementary
LAKE WESTON ELEMENTARY SCHOOL B C Elementary
ENGELWOOD ELEMENTARY SCHOOL C D Elementary
CATALINA ELEMENTARY D C Elementary
CHENEY ELEMENTARY B B Elementary
CYPRESS PARK ELEMENTARY B D Elementary
BROOKSHIRE ELEMENTARY A A Elementary
NORTHLAKE PARK COMMUNITY SCHOOL A A Elementary
DOVER SHORES ELEMENTARY SCHOOL A A Elementary
MOLLIE E RAY ELEMENTARY SCHOOL A F Elementary
DURRANCE ELEMENTARY SCHOOL A A Elementary
TANGELO PARK ELEMENTARY SCHOOL A A Elementary
LOVELL ELEMENTARY SCHOOL B B Elementary
CHICKASAW ELEMENTARY A A Elementary
SPRING LAKE ELEMENTARY SCHOOL A B Elementary
LANCASTER ELEMENTARY SCHOOL A C Elementary
ROLLING HILLS ELEMENTARY SCHOOL C C Elementary
BONNEVILLE ELEMENTARY A A Elementary
HIAWASSEE ELEMENTARY SCHOOL B D Elementary
MICHAEL MCCOY ELEMENTARY SCHOOL A C Elementary
PERSHING ELEMENTARY SCHOOL A B Elementary
CLARCONA ELEMENTARY A A Elementary
PALM LAKE ELEMENTARY SCHOOL A A Elementary
VENTURA ELEMENTARY SCHOOL A C Elementary
CLAY SPRINGS ELEMENTARY A A Elementary
ROCK SPRINGS ELEMENTARY SCHOOL A A Elementary
METROWEST ELEMENTARY SCHOOL A A Elementary
MEADOW WOODS ELEMENTARY SCHOOL A B Elementary
WATERBRIDGE ELEMENTARY SCHOOL A A Elementary
BAY MEADOWS ELEMENTARY A A Elementary
JOHN YOUNG ELEMENTARY SCHOOL A A Elementary
WATERFORD ELEMENTARY SCHOOL A A Elementary
LITTLE RIVER ELEMENTARY SCHOOL C B Elementary
WINEGARD ELEMENTARY SCHOOL A A Elementary
DOMMERICH ELEMENTARY SCHOOL A A Elementary
HUNTERS CREEK ELEMENTARY SCHOOL A A Elementary
LAKE SYBELIA ELEMENTARY SCHOOL A A Elementary
WINDERMERE ELEMENTARY SCHOOL A A Elementary
RIVERSIDE ELEMENTARY SCHOOL B B Elementary
SADLER ELEMENTARY SCHOOL A C Elementary
ROSEMONT ELEMENTARY SCHOOL C C Elementary
APOPKA ELEMENTARY B B Elementary
WILLIAM S MAXEY ELEMENTARY SCHOOL A C Elementary
ORANGE CENTER ELEMENTARY SCHOOL A A Elementary
SOUTHWOOD ELEMENTARY SCHOOL A A Elementary
HUNGERFORD ELEMENTARY SCHOOL A C Elementary
WHEATLEY ELEMENTARY SCHOOL D D Elementary
SUNRISE ELEMENTARY SCHOOL A A Elementary
ALOMA ELEMENTARY B A Elementary
IVEY LANE ELEMENTARY SCHOOL D C Elementary
RIDGEWOOD PARK ELEMENTARY SCHOOL A C Elementary
SHENANDOAH ELEMENTARY SCHOOL A A Elementary
COLUMBIA ELEMENTARY A A Elementary
HIDDEN OAKS ELEMENTARY SCHOOL A B Elementary
PALMETTO ELEMENTARY SCHOOL C C Elementary
OAK HILL ELEMENTARY SCHOOL B B Elementary
OCOEE ELEMENTARY SCHOOL A A Elementary
PINAR ELEMENTARY SCHOOL B B Elementary
MILLENNIA ELEMENTARY SCHOOL A B Elementary
WESTBROOKE ELEMENTARY SCHOOL A Elementary
LAKE WHITNEY ELEMENTARY SCHOOL A A Elementary
MOSS PARK ELEMENTARY SCHOOL A A Elementary
DR. PHILLIPS ELEMENTARY SCHOOL A A Elementary
DEERWOOD ELEMENTARY A A Elementary
FRANGUS ELEMENTARY SCHOOL A A Elementary
CASTLE CREEK ELEMENTARY A A Elementary
SHINGLE CREEK ELEMENTARY A B Elementary
SAND LAKE ELEMENTARY SCHOOL A A Elementary
WYNDHAM LAKES ELEMENTARY SCHOOL A C Elementary
WOLF LAKE ELEMENTARY SCHOOL A A Elementary
VISTA LAKES ELEMENTARY SCHOOL A A Elementary
STONE LAKES ELEMENTARY SCHOOL A A Elementary
SUNSET PARK ELEMENTARY SCHOOL A A Elementary
TIMBER LAKES ELEMENTARY SCHOOL A Elementary
ECCLESTON ELEMENTARY SCHOOL A C Elementary
WASHINGTON SHORES ELEMENTARY SCHOOL A C Elementary
RICHMOND HEIGHTS ELEMENTARY SCHOOL A B Elementary
ORLANDO SCIENCE SCHOOLS/ MIDDLE AND HIGH CHARTER SCHOOLS B Middle
HOWARD MIDDLE SCHOOL A A Middle
MEMORIAL MIDDLE SCHOOL D D Middle
LEGACY MIDDLE SCHOOL A A Middle
FREEDOM MIDDLE SCHOOL A A Middle
APOPKA MIDDLE B A Middle
OCOEE MIDDLE SCHOOL B A Middle
LAKEVIEW MIDDLE SCHOOL A A Middle
HUNTERS CREEK MIDDLE SCHOOL A A Middle
GLENRIDGE MIDDLE SCHOOL A A Middle
LEE MIDDLE SCHOOL C A Middle
LOCKHART MIDDLE SCHOOL C B Middle
MAITLAND MIDDLE SCHOOL A A Middle
EXCEL- MIDDLE SCHOOL PROFESSIONAL ACADEMY F F Middle
UNION PARK MIDDLE SCHOOL C C Middle
ROBINSWOOD MIDDLE SCHOOL C C Middle
SOUTHWEST MIDDLE SCHOOL A A Middle
STONEWALL JACKSON MIDDLE SCHOOL B B Middle
DISCOVERY MIDDLE SCHOOL A A Middle
WESTRIDGE MIDDLE SCHOOL C C Middle
WALKER MIDDLE SCHOOL C B Middle
MEADOWBROOK MIDDLE SCHOOL B B Middle
CORNER LAKE MIDDLE A A Middle
CHAIN OF LAKES MIDDLE A A Middle
MEADOW WOODS MIDDLE SCHOOL C B Middle
CONWAY MIDDLE A A Middle
LIBERTY MIDDLE SCHOOL C A Middle
PIEDMONT LAKES MIDDLE SCHOOL A A Middle
GOTHA MIDDLE SCHOOL A A Middle
ODYSSEY MIDDLE SCHOOL A A Middle
WOLF LAKE MIDDLE SCHOOL B B Middle
SOUTH CREEK MIDDLE SCHOOL A A Middle
BRIDGEWATER MIDDLE A A Middle
AVALON MIDDLE A A Middle
CARVER MIDDLE C C Middle
LIFE SKILLS CENTER CHARTER SCHOOL High
NORTHSTAR HIGH CHARTER SCHOOL D B High
BOONE HIGH A A High
LEGACY CHARTER SCHOOL A C High
EDGEWATER HIGH SCHOOL D C High
OCOEE HIGH SCHOOL D C High
COLONIAL HIGH C C High
EVANS HIGH SCHOOL D D High
OAK RIDGE HIGH SCHOOL D D High
DR. PHILLIPS HIGH SCHOOL B A High
UNIVERSITY HIGH SCHOOL B D High
WINTER PARK HIGH SCHOOL A A High
WEST ORANGE HIGH SCHOOL B C High
APOPKA HIGH C B High
WEKIVA HIGH SCHOOL C C High
TIMBER CREEK HIGH SCHOOL C B High
OLYMPIA HIGH SCHOOL B A High
CYPRESS CREEK HIGH B D High
FREEDOM HIGH SCHOOL B D High
JONES HIGH SCHOOL D D High
PASSPORT CHARTER SCHOOL A A Combined
SUMMIT CHARTER SCHOOL Combined
LAKE EOLA CHARTER SCHOOL A A Combined
HOPE CHARTER SCHOOL A A Combined
BLANKNER K-8 A A Combined
ARBOR RIDGE K-8 A A Combined
WINDY RIDGE ELEMENTARY SCHOOL A A Combined

You can learn more about the Florida school accountability reports at Florida School Reports

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Orlando, Fl By The Numbers – Census

February 10, 2010

Orlando is Florida’s 5th largest city with a population of 220,000 (2006 Estimate). With the 2010 census still under way, most reliable demographic data is fairly outdated. However, the 2000 census can give you some good insight into Orlando, Florida.

You can read up on the Census Bureau’s information on Orlando, FL at the Orlando Census Quick Facts.

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About Orlando Fl Demographics

February 8, 2010

Demographic information can play an important role in determining where to live.  Our goal is to bring you up to date information on Orlando Fl Demographics.  This information can help you make a decision on where you may want to live or possibly relocating to Orlando, Fl.   Demographic data will be collected from multiple sources and will include key data on Orlando, Fl Employment and Business, Orlando Schools and Education, as well as Orlando Home Appreciation and Historical Home Prices.

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About Featured Homes For Sale

February 8, 2010

As we add featured home listings to the site, you will find them here.  The featured home section will include up to 25 pictures per property, virtual tours, area information and maps on all homes.  Any home selected a a Featured Home in Orlando Florida will gain the most exposure possible.  If you are interested in having your Orlando Fl Home be listed in our Featured Homes For Sale section, please contact one of our agents.  Homes For Sale in Orlando Fl has many options available to help your home gain exposure in today’s real estate market.

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