Florida mortgage loan programs
Thirteen products, each on its own page with the real numbers. The first five are the ones we are asked for by name — because each removes a specific obstacle: the cash, the income documentation, the rate you don't want to lose, or the six-week timeline.
Headline programs
The five that change the answer
These solve the problem that was actually stopping you.
Equity
5 Day HELOC
A 5 Day HELOC is a fixed-rate home equity line of credit that can fund in as few as five business days, compared with four to six we…
5 Day HELOCDown payment assistance
Florida Hometown Heroes
Florida Hometown Heroes provides 5% of your first mortgage loan amount toward the down payment and closing costs — a minimum of $10,…
Florida Hometown HeroesInvestors
DSCR investor loans
A DSCR loan qualifies an investment property on its rental income instead of your personal income. The lender divides gross monthly…
DSCR investor loansVeterans
VA loans
A VA loan offers 100% financing with no down payment and no monthly mortgage insurance at any loan-to-value — the only mainstream pr…
VA loansDown payment assistance
FHA 100% DPA
Yes. FHA with 100% down payment assistance pairs a standard FHA first mortgage at 96.5% loan-to-value with assistance covering FHA's…
FHA 100% DPAEverything else
The rest of the menu
The workhorses behind the five above. We place all of them.
Buying
Conventional
Three percent for a qualified first-time buyer, and five percent otherwise. Below 20% equity you pay private mortgage insurance, but…
ConventionalBuying
FHA loans
FHA's own floor is 580 for 3.5% down, or 500 with 10% down. Individual lenders commonly overlay a higher minimum, and down payment a…
FHA loansBuying
Jumbo loans
A jumbo loan is any mortgage above the conforming loan limit set each year for the county, so it cannot be sold to Fannie Mae or Fre…
Jumbo loansBuying
First-time buyer
Florida Hometown Heroes provides 5% of the first mortgage, from $10,000 to $35,000, at 0% interest with no monthly payment. FHA assi…
First-time buyerInvestors
Investment property
Two routes. Conventional investor financing uses your documented personal income and is cheaper, but caps the number of financed pro…
Investment propertyBuying
Rehab loans
A rehab loan finances the purchase price and the renovation cost in a single mortgage, based on the property's value after the work…
Rehab loansRefinancing
Refinance
When you will keep the home past the break-even month — closing costs divided by the monthly saving. Under three years is generally…
RefinanceRefinancing
Cash-out refinance
If your first mortgage carries a rate you could not replace today, a cash-out refinance means surrendering that rate on the whole ba…
Cash-out refinanceNot sure which one fits?
That's the actual job. Tell us the situation and we'll tell you which of these gets you there.