Florida Real Estate is coming back at a Steady Pace!
However, borrowers are finding it much harder to qualify with all the new Crippling government Over-regulations (i.e. the Dodd Frank Act) which are forcing lenders to continuously tighten guidelines!
However, there are still options. Below are some of the strongest programs for 2014, including the new Stated Income Alt Loans for Self Employed borrowers as well as the Florida Short Sale, BK, Foreclosure Forgiveness programs:
Review these programs, then email me at Steve@pro-option.com
96% LTV- Jumbo- No PMI
90% LTV- 2nd Home-No PMI
89% LTV- Super Jumbo- No PMI
80% LTV- Bank Statements for Income
75% LTV- Foreign National
85% LTV- Rental Property- No PMI
70% LTV- Rental Property- No Tax Returns Required
70% LTV- Manufactured Homes over 90k
70% LTV- LOT LOANS over 90k
- 100% LTV- VA /USDA
- 96.5% FHA
- 97% LTV- Prim. Res. No PMI
- 97% LTV- Condo- No PMI
Stated Income Alt Loan Programs
85% LTV-Short Sale, BK, Foreclosure forgiveness
80% LTV- FIX n’ FLIP Invest. Prop.–No min. credit!
75% LTV- Foreign Nationals to Super Jumbo
75% LYV- Hard Money / Private Money
Stated Income/Alt.- to 85% LTV 20yr Amort./4.00% range
Stated Income/Alt.- to 75% LTV 30yr Amort./4.00% range
Office Buildings, Warehouses, Multi Unit, Apartments, Strip Malls, etc.
Under $500,000 loan amounts OK
- Commercial Lots and Vacant Land
Note: Stated Income ALT programs are Not No Doc loans, borrowers must still show The Ability To Repay the Loan. However, these programs consider different forms of income streams and allow much more flexibility than other loans . Loan programs subject to change, qualifying, min. loan amts., values, lending areas and/or select properties. Pro Option Mortgage is not acting on behalf of or at the direction of HUD/FHA or the Federal Government.
Contact us 24/7 for a Quote and Qualification Letter
Email me: Steve@Pro-Option.com
GOD BLESS AMERICA, GOD BLESS OUR TROOPS &
THANK GOD FOR THE U.S. MARINES!
Neither the United States Marine Corps nor any other component of the Department of Defense has approved, endorsed, or authorized this service.