|
| |
| 40/30/20/15 OR 10 YEAR FIXED RATE CONFORMING WITH % OF LENDER PD. CLOSING COSTS. |
| 97% LTV CONFORMING - 30 YEAR FIXED RATE |
| ADJUSTABLE CONFORMING MORTGAGES MAXIMUM 40 YEAR TERM. |
| CONFORMING FIXED RATE 40/30/20/15/ AND 10 YEAR TERM. |
| CONFORMING INTEREST FIRST 30 YR FIXED RATE = 15/15, 10/20 |
| FHA/VA 30 YEAR FIXED RATE |
| IMPERFECT CREDIT, EXPANDED APPROVAL LEVELS I, II & III |
| INTEREST ONLY ADJUSTABLES = 3/1, 5/1 & 7/1 |
| JUMBO LOANS NON-CONFORMING, 30/15 YEAR FIXED RATE - INTEREST ONLY FEATURE AVAILABLE. |
| MY COMMUNITY MORTGAGE UP TO 40 YR TERM & OPTIONS FOR INTEREST ONLY PERIOD |
| REVERSE MORTGAGES = NO PAYMENT FOR LIFE (NONE) |
|
40/30/20/15 OR 10 YEAR FIXED RATE CONFORMING WITH % OF LENDER PD. CLOSING COSTS.
A GREAT LOAN FOR ANY BUYER WHO IS SHORT OF CASH FOR CLOSING, MUST HAVE STABLE EMPLOYMENT AND CREDIT. EACH LOAN IS EVALUATED ON A CASE BY CASE BASIS. GIFTS AND SELLER PAID CLOSING COSTS ALLOWED. MAXIMUM 95% FINANCING. IF LTV IS GREATER THAN 80% BORROWER MUST HAVE A MINIMUM 5% CASH INVESTMENT. AUTOMATED UNDERWRITING, APPROVALS IN 2 MINUTES. NO PREPAYMENT PENALTY.
Term: 40 years
Maximum Amount: $417,000
|
 |
97% LTV CONFORMING - 30 YEAR FIXED RATE
IDEAL FOR THE FIRST TIME, OR SEASONED BUYER WITH EXCELLENT CREDIT, JOB STABILITY, WHO HAVE LIMITED CASH OR WOULD RATHER USE THEIR CASH FOR OTHER INVESTMENTS. AUTOMATED UNDERWRITING, APPROVALS IN 2 MINUTES. BORROWER MUST HAVE 3% OF THEIR OWN FUNDS. SELLER CONTRIBUTION ALLOWED UP TO 3%. SPECIAL PRICING FEATURES. MI REQUIRED. NO PREPAYMENT PENALTY.
Term: 30 years
Maximum Amount: $417,000
|
| |
|
|
ADJUSTABLE CONFORMING MORTGAGES MAXIMUM 40 YEAR TERM.
INTEREST RATE VARIES ACCORDING TO SPECIFIC RULES, AVAILABLE MORTGAGES RANGE FROM ONE YEAR/ 3/1 OR 5/1. 3/1 STAYS FIXED FOR THREE YEARS, 5/1 STAYS FIXED FOR FIVE YEARS, THEN BECOMES ONE YEAR ADJUSTABLE. ALSO AVAILABLE WITH AN INTEREST ONLY FEATURE MAXIMUM 30 YEAR TERM.
MAXIMUM FINANCING 95% LTV. AUTOMATED UNDERWRITING, 2 MINUTE APPROVAL. NO PREPAYMENT PENALTY.
Term: 40 years
Maximum Amount: $417,000
|
| |
| |
|
CONFORMING FIXED RATE 40/30/20/15/ AND 10 YEAR TERM.
IDEAL FOR THE AVERAGE HOME PURCHASER. WE ALLOW YOU TO PICK YOUR RATE AND TERMS. MAXIMUM 95% LTV, AUTOMATED UNDERWRITING, APPROVALS IN 2 MINUTES. NO PREPAYMENT PENALTY.
Term: 40 years
Maximum Amount: $417,000
|
|
CONFORMING INTEREST FIRST 30 YR FIXED RATE = 15/15, 10/20
Increases your purchasing and qualifying power. Lowers your monthly payment. Any principal payment you may choose to make reduces your next monthly payment. Mortgage payment savings allows you to pay off high interest credit cards or invest where you choose. Automated underwriting approval in 2 minutes.
95% LTV; 90 Cash out refinances - owner occupied
This is a great loan for first time homebuyers, relocation borrowers, self employed borrowers with variable income or borrowers who want to reduce their high interest credit card payments.
15/15 and 10/20 FIXED RATE, THE BORROWER PAYS INTEREST ONLY THE FIRST 15 OR 10 YEARS, THEN THE LOAN AMORTIZES FOR THE REMAINING TERM. THE BORROWER ALSO HAS THE OPTION TO PAY INTEREST ONLY OR REDUCE THE PRINCIPLE OF THE LOAN BY ANY AMOUNT YOU CHOOSE. ALL PAYMENTS TO PRINCIPLE WILL RESULT IN A LOWER INTEREST PAYMENT THE FOLLOWING MONTH. AFTER 10 OR 15 YEARS THE REMAINING PRINCIPLE IS FULLY AMORTIZED FOR THE REMAINING TERM OF THE ORIGINAL FIXED RATE.
Term: 30 years
Maximum Amount: $417,000
|
| |
|
|
FHA/VA 30 YEAR FIXED RATE
GOVERNMENT GUARANTEES OR INSURES YOUR LOAN WITH 100% MORTGAGE FOR A VA AND A 2.25% DOWN PAYMENT FHA. THIS IS A GOOD CHOICE FOR A PURCHASER WITH LIMITED CASH, JOB STABILITY AND GOOD CREDIT. FHA FINANCING, SELLER CAN PAY UP TO 6% IN CLOSING COSTS, GIFTS ALLOWED. BORROWER MUST HAVE A MINIMUM 3% CASH INVESTMENT INTO THE PROPERTY BETWEEN DOWN PAYMENT AND CLOSING COSTS, PREPAYMENTS DO NOT COME INTO PLAY. NO PREPAYMENT PENALTY.
MAXIMUM LOAN AMOUNT IS DETERMINED BY THE COUNTY THE PROPERTY IS LOCATED IN. AUTOMATED UNDERWRITING, 2 MINUTE APPROVAL.
Term: 30 years
Maximum Amount: $362,790
|
|
IMPERFECT CREDIT, EXPANDED APPROVAL LEVELS I, II & III
ALLOWS BORROWER WITH LESS THAN PERFECT CREDIT TO QUALIFY FOR PURCHASE AND REFINANCE MORTGAGES INCLUDING DEBT CONSOLIDATION. EACH CASE IS RATED ON A CASE BY CASE BASIS. THESE LOANS ARE RATED AND PRICED BY CREDIT SCORES. AUTOMATED UNDERWRITING, 2 MINUTE APPROVAL.
Term: 30 years
Maximum Amount: $417,000
|
|
INTEREST ONLY ADJUSTABLES = 3/1, 5/1 & 7/1
3/1, 5/1, & 7/1 THE BORROWER PAYS INTEREST ONLY DURING THE FIRST TERM AT A FIXED RATE, THEN IT BECOMES A ONE YEAR ADJUSTABLE. NO PREPAYMENT PENALTY.
*CALL FIRST FLORIDA FUNDING FOR SPECIFIC INFORMATION REGARDING THESE PROGRAMS.
*INITAL FIXED INTEREST RATE FOR 3, 5 AND 7 YEARS AND THEN CONVERTS TO AN ARM.
Term: 30 years
Maximum Amount: $417,000
|
|
JUMBO LOANS NON-CONFORMING, 30/15 YEAR FIXED RATE - INTEREST ONLY FEATURE AVAILABLE.
MORTGAGES THAT EXCEED $417,000. TO $1,000.000. YOU CAN CHOOSE BETWEEN FIXED RATE AND ADJUSTABLE OF ONE YEAR. 3/1 OR 5/1. 3/1 STAYS FIXED FOR THREE YEARS, 5/1 STAYS FIXED FOR FIVE YEARS, THEN BECOMES A ONE YEAR ADJUSTABLE. INTEREST ONLY FEATURE IS AVAILABLE.
MAXIMUM 95% FINANCING OR 80/15/5, 95% COMBINED LOAN TO VALUE (CLTV) WITH AN INTEREST ONLY FEATURE. AUTOMATED UNDERWRITING, 2 MINUTE APPROVAL.
ALL LOANS OVER $650,000. REQUIRE TWO COMPLETE APPRAISALS.
Term: 30 years
Maximum Amount: $1,000,000
|
|
MY COMMUNITY MORTGAGE UP TO 40 YR TERM & OPTIONS FOR INTEREST ONLY PERIOD
NO MINIMUM BORROWER CONTRIBUTION (ONE UNIT). LOW MORTGAGE INSURANCE COVERAGE REQUIREMENTS. UP TO 100% LTV RATIO. UP TO 40 YEAR TERMS AND OPTIONS FOR INITIAL INTEREST ONLY PERIOD. FLEXIBILITY ON CREDIT HISTORIES. INCOME LIMITS WAIVED FOR PROPERTIES LOCATED IN FANNIE NEIGHBORS AREAS. NO PREPAYMENT PENALTY. AUTOMATED UNDERWRITING, 2 MINUTE APPROVALS.
Term: 40 years
Maximum Amount: $417,000
|
|
REVERSE MORTGAGES = NO PAYMENT FOR LIFE (NONE)
THIS PROGRAM IS DESIGNED FOR BORROWERS WHO ARE AT LEAST 62 YEARS OF AGE. GOVERNMENT GUARANTEED PROGRAM LETS YOU SUPPLEMENT YOUR MONTHLY INCOME AND OBTAIN A CASH RESERVE, WITH NO MORTGAGE PAYMENT FOR LIFE AS LONG AS YOU OWN YOUR HOME AND LIVE IN IT. CALL 305-556-0402 EXT. 334 FOR DETAILS.
|
|
|
Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $322,700 with closing costs of $0. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $0. Your actual APR may be different depending upon these factors.
|