Our Programs

We offer bad credit mortgage and other mortgage loan facilities, home financing and 80/20 loan in Florida, Altamonte Springs, Apopka, Casselberry, DeLand, Deltona and Edgewater. We also offer other mortgage loan facilities, home financing and 80/20 loan in Kissimmee, Lake Mary, Longwood, Maitland, Ocoee, Ocala, Orange City, Orlando and Tampa.

Program (click for more info)	Benefits	Drawbacks
Conventional	lowest rates available very fast underwriting (quicker closings) automated underwriting provides instant approvals LTV's up to 95% on purchase and refinance for owner occupied & second homes LTV's up to 90% for non owner occupied homes Stated income available with reduced LTV's for 680+ credit scores	680+ required for over 85% LTV Mortgage Insurance is normally higher than government loan programs Automated Underwriting is only options. More restrictive approval guidelines
FHA HOPE for HOMEOWNERS (H4M)	97% LTV on purchase or no cash out refinance 95% LTV for cash out refinance Very low mortgage insurnace coverage 580+ credit for automated approvals Manual Underwriting - less restrictive credit requirements Very low 30 year fixed rates Accepts Mobile Homes Accepts non us citizens Down payment assistance allows 100% financing Seller can pay all closing costs Streamline refinance requires less documentation when refinancing FHA to FHA	Requires mortgage insurance at all LTV's Only for owner occupied homes Can only have 1 FHA loan active at a time Full documentation only
VA	Up to 102% financing No mortgage insurance Less restrictive credit guidelines Seller can pay all closing costs Streamlined refinance with less documenation when refinancing from VA to VA Low 30 year fixed interest rates	Must be VA eligible Owner occupied homes only Can only have 1 VA loan active at a time Takes longer process than other loan programs
USDA Rural Loans	102% Loan to Value Higher debt to income allowances Less stringent credit requirements Seller can pay all closing costs Low 30 year fixed linterest rates No mortgage insurance	Property must be in an eligible USDA area Income restrictions apply based on size of family

Hard Money	No Income requirements No asset requirements No minimum credit scores required Up to 65% LTV on refinances Close in a matter of days	Highest Rates Lender typically charges more points
Commercial Loans	High LTV income producing purchase loans Low rates for income producing properties Bridge loansfor non income producing properties Low rates for commercial loans	Loans typically take longer to close than residential Appraisal and title fees are typically required upfront

Rehab Loans

Finance purchase price and rehab expenses
Fast closings
Easy draw schedules
Interest reserves. No payments required for first six months
Incentives for repeat business

Higher interest rates than conventional loans
Typically upfront points financed into loan

Jumbo Loans	Loans above the conforming loan limits Stated income loans available Foreign National Okay Stated Income Allowed	Rates are higher than conforming rates
Super Jumbo Loans	Loans above the conforming loan limits Stated income loans available Foreign National Okay Stated Income Allowed	Rates are higher than conforming rates
1st Time Home Buyers	100% financing No reserve requirements Gifts allowed stated income to lower LTV's	Full Documentation Preferred
Foreign National Loan	No Doc Loans Stated Loans Loans up to $5M	Interest rate are higher than conventional Financing
Manufactured Home Loans	Singlewide & Doublwide okay 100% Purchase & 95% cashout refinance Stated Loans No minimum loan amount	Lower rates if land is owned. Higher rates if property on rented land. 580+ credit for best terms
Lot Loans / Raw Land Loans	Land only purchases stated income available Interest only (for lower payments)	100% financing not available on land
No Doc Loans	No income requirments No asset requirements No employment requirements	Higher Rates than traditional financing
Stated Income Loans	No ned to verify income or assets Interest only available 30-40 year fixed rates available	must state income. Not a no doc loan Interest rates higher than conforming rates
Self Employed Loans	Full doc options Stated Income and No doc available 30 year fixed rates, Arms, Interst only available
FHA Secure	Same flexible credit standars as normal FHA loans Can be behindon mortgage payments Allows current lender to write down mortgage balance Allows 2nd liens to remain in place Combined LTV over 100% allowed Non US Citizens allowed Secure 30 year fixed loan	Must refinance due to ARM adjusting Must be behind in payments within last 12 months Can only refinance loans that are not already FHA insured loans
30 Year Fixed
Condo Loans
Reverse Mortgage
HELOC (Home Equity Line of Credit)