Loan Programs

We understand the mortgage business inside and out, and pride ourselves in knowing how to best get your loan completed.

Loan Programs

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  FHA 96.5% Financing
  Minimum credit score 620.
  Post-bankruptcy qualifying - 2 years after.
  Post-foreclosure qualifying - 3 years after.
  Minimum Loan Amount $100,000
  30 years fixed and ARM available rates.
  3.50% down payment required on purchase.
  Up to 6% seller concessions
  
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  Jumbo Loans
  Minimum credit score 680.
  Post-bankruptcy qualifying - 2 years after.
  Post-foreclosure qualifying - 3 years after.
  Loan Amount $417,000 up to $2'000,000
  5/1 ARM rates
  
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  No Tax Returns - Income based on 12/24 months Bank Statements Deposits
  30 years fixed and ARM available rates.
  
  Purchase and Rate/Term
  90% LTV with 700 fico
  75% LTV with 680 fico
  70% LTV with 660 fico
  
  Cash-out
  70% LTV with 720 fico
  65% LTV with 680 fico
  60% LTV with 660 fico
  
  Investment properties
  70% LTV with 680 fico
  
  Condo and 2-4 Units
  75% LTV
  Post-bankruptcy qualifying - 2 years after.
  Post-foreclosure qualifying - 3 years after.
  Minimum $150,000 - Up to $2.5 million - Max cash-in-hand up to $500,000 (Investment property up to $250,000) - Unlimited properties owned/financed.
  
• 

  FHA REO Repair Escrow “203(b)” up to $5,000 escrow.
  30 years fixed and ARM available rates.
  3.5% down payment required on purchase.
  Post-bankruptcy qualifying - 2 years after.
  Post-foreclosure qualifying - 3 years after.
  There are no minimum repair cost. The maximum total repair costs, including the contingency reserve and costs, are $5,000.
  Max. Loan Amount in Pinellas/Hillsborough/Pasco $271,050
  
• 

  FHA Repair Escrow “203K”
  30 years fixed and ARM available rates.
  580+ score: 3.5% down payment required on purchase.
  550+ score: 10% down payment required on purchase.
  Post-bankruptcy qualifying - 2 years after.
  Post-foreclosure qualifying - 3 years after.
  - Good for renovations including but not limited to: structural repairs, room additions, roofing, gutters, flooring, carpeting.
  The minimum total repair cost is $5,000.
  The maximum total repair cost is 50% of the “Subject-To” appraised value.
  Considers the “after-improved” value of the property.
  Work is completed after loan closing.
  An escrow account holds the funds until repairs are completed.
  Maximum DTI is 45%/49.99% regardless of AUS Feedback.
  Max. Loan Amount in Pinellas/Hillsborough/Pasco $271,050
  
• 

  CONVENTIONAL
  Min. Medium Score 640+
  30-, 25-, 20-, 15- and 10-year terms are all available with fixed rate.
  Buy a home with as little as 3% down (primary home).
  Refinance up to 95% of your primary home's value.
  Monthly payments remain the same for the entire loan term.
  Post-bankruptcy qualifying - 4 years after.
  Post-foreclosure qualifying - 4 years after.
  Max. Loan Amount in Florida $417,000
  
• 

  VA Loans 600+
  30 years fixed and ARM available rates.
  0% down payment (unless required by the lender or the purchase price is more than the reasonable value of the property).
  No mortgage insurance premiums.
  Post-bankruptcy qualifying - 2 years after.
  Post-foreclosure qualifying - 3 years after.
  Max. Loan Amount $471,000
  
• 

  REVERSE MORTGAGE+
  For Borrower 62+ years of age
  Purchase or Refinance
  Max. Loan Amount $625,500
  Homes, Townhomes, Villas, Condos, duplex, trplex, quadplex
  No Mortgage Payments, you only pay taxes and insurance.
  
• 

  ITIN - Non-Permanent Resident Aliens
  20% down payment + closing cost
  Purchase, refinance, investment properties
  2 Years Tax Returns, 2 Years W2 or 1099, 3 Months Bank Statements, Passport,ITIN Card, Drivers License
  Max. Loan Amount $900,000
  Homes, Townhomes, Villas, Condos, duplex, triplex, quadplex
  VISA Type:A-1, A-2, A-3, E-1, E-2, E-3, G-1 through G-5, H-1, L-1, NATO, O-1, R-1, TN (NAFTA).
  
• 

  FOREIGN NATIONALS
  30% down payment + closing cost
  Purchase
  Max. Loan Amount $1'000,000
  Homes, Townhomes, Villas, Condos, duplex, triplex, quadplex
  No credit report
  Income and employment are not verified.
  Funds for down payment and closing costs must be sourced or seasoned for 60 days. Must be in US depository.
  1 traditional or non-traditional credit line or reference required (i.e. bank reference, attorney reference, housing reference, etc.).
• 

  INVESTORS
  No Income Verification!
  3 Years pre-payment (6 months I/O)
  65% LTV
  
• 

  CONDO NON-WARRANTABLE
  10% down payment
  
• 

  FRESH START
  Short sale, foreclosure, bankruptcy, deed in lieu history does not matter!
  30 years fixed and 5/1 ARM.
  Requires 20%-40% down.
  Minimum credit score usually 580.
  
• 

  $100 HUD Homes
  $100 down payment for HUD Homes
  Minimum credit score usually 580.
  Post-bankruptcy qualifying - 2 years after.
  Post-foreclosure qualifying - 3 years after.
  
• 

  Hard Equity Loans - for investments properties
  30% down payment.
  No Credit Report or Income Required.
  6 lenders point.