Loan Programs

$806,500 maximum loan limit effective January, 2025
First time home buyer programs available (call loan officer for more information
Single family homes, townhouses, condominiums and multi-family up to 4 units
Owner occupied, second home and investment property
No mortgage insurance (PMI) with 20% down payment or more
No foreclosure in the last 7 years
No short sale in the last 4 years
No bankruptcy in the last 4 years

$654,350 Loan limit for one unit in Miami-Dade, Broward and Palm Beach, call your loan officer for loan limits in other counties
3.5% down payment
Credit score as low as 580
All closing costs and down payment can come from a gift
Seller is allowed to pay up to 6% of buyer's closing costs
No foreclosure in the last 3 years
No short sale in the last 3 years
No bankruptcy in the last 2 years

100% financing (no down payment required)
Veteran applicant must have sufficient VA entitlement to qualify for the 100% financing, call your loan officer for more information
No foreclosure in the last 2 years
No short sale in the last 2 years
No bankruptcy in the last 2 years

25% down payment (30% down for condos)

Copy of passport

Copy of visa

Bank reference letter from borrower country or USA

Most recent bank statement for account in USA and borrower country

Letter of employment must have two years of employment

Loan officer will assist and guide the burrowers with the documents needed

· All documentation must be translated to English by a third party

Seniors 62 years or older - owning a primary home
Federally insured government program (FHA)
Pay off your present mortgage loan
Never make mortgage payments again
Receive money at closing
Consolidate debts, pay off credit cards, etc.
Owner keeps title to the property, heirs will inherit
To obtain more information and arrange a presentation, please contact your loan officer