FL mortgages : FL mortgage rates and home loans

When you decide to buy a home or refinance a mortgage, it's a big step. You can trust us to find the loan program that's best for you.

Buying a new home is a source of anxiety, frustration -- and a huge sense of accomplishment. You didn't pick the house that was best for someone else, you picked the one that's right for you! Trust our professionals to find the mortgage loan that best fits your needs, too. "Less paperwork and more personal attention" means you enter a frustration-free zone from application to decision. Getting the right mortgage loan is like getting the keys to your new house! We can help you get there.

Refinancing your current mortgage has never been easier. If you thought refinancing meant getting buried under mountains of paperwork, think again! We make it easy and worry-free to reduce your interest rate and monthly payment. We can even help you pay down your balance more quickly for comparable monthly payment. Let our professionals guide you to the very best refinanced loan!

Tapping into your home equity is easier than ever before.Tap into that wealth and reward yourself. We'll help with the best program to fit your goals.

Our mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in buying a new home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you. We will help you qualify, apply and be approved for the right mortgage loan for you. Not anyone else!

Please navigate our website to learn more about us, what we do for you, and how easy it is to get started.

With a Guaranteed Rural Housing mortgage loan, your clients will be able to purchase their dream home and not break the bank financing it! With a variety of loan features and benefits available – including up to 100% financing, a Rural Housing mortgage loan may be the perfect mortgage product for your customers.

Here’s more information about our Rural Housing loan program and how it works:

§ Borrowers can finance closing costs into the loan amount up to the maximum LTV amount

§ Low, 2% upfront mortgage insurance premium financed into the loan amount; No monthly mortgage insurance payments required!

55% FOREIGN NATIONAL

LOANS UP TO ONE MILLION

NO INCOME - NO ASSETS ONLY

FOREIGN NATIONAL / GUIDELINES

Program Details: Citizen of another country who periodically visits the United States and is buying a home in which

to reside during the visits as a second home. Borrower’s visa status must be documented to determine eligibility.

Legible copy of a valid passport, including photograph, signature page and evidence of duration of stay permitted.
Min. Credit Score Credit score is not required
Min./Max. Loan $ 75,000 / $ 1,000,000
Mortgage Type Purchase Money – Refinance Rate and Term
Occupancy Second Home only
Rate Type Fixed Rate is not available
Rate Type Adjustable rate 5/1 based on 1-Yr T-Bill
First five years fixed, thereafter 1-Yr T-Bill
30-Yr Full Amortization
Eligible Properties Detached - Attached
Ineligible Properties Condominiums or units are not allowed
Min. Property Size SFR 800 SQFT
Documentation Nina (No income - No assets)
Employment Wage earner need letter from employer stating title, position, and length of employment.
Letter must be signed and dated on employer’s letterhead.
Self-employed 2-Yr same business or profession (license will be required)
Letter from an independent Certified Public Accountant showing title, position, type and
length of business. Letter must be signed and dated on accountant’s letterhead
Reserves Not required
Debt Ratio Nina doesn’t require income or assets disclosed, debt ratio is not calculated
Seller Contribution Yes allowed up to 6% of purchase price or appraised value; whichever is less
Gift Funds Yes allowed up to any amount
Secondary Financing Yes permitted after Borrower’s own 10% down payment
Mortgage Insurance Not required
Credit History Borrowers are not required to have credit score
Primary housing payment history must be verified covering last 12-months
Adverse Credit If Borrower has any foreign or U.S. credit, it must be excellent.
Derogatory credit, Bankruptcy or Foreclosure history is not permitted
Special Note Legible copy of valid passport, including photo, signature page and evidence of duration
of stay permitted for each borrower, and if applicable, legible copy of a valid Visa.
Canadian and Mexican citizen don’t need visa, but they must provide proof of their
identity and citizenship
Escrows are mandatory regardless of LTV or mortgage product selected
Short rentals are not allowed; property must be used as a 2nd home/vacation only
Condominiums or cash out loans are not permitted.
Loans cannot exceed more than $ 1,000,000
All loan documentation needs to be written in English

E-MAIL: jeff@fundingflorida.com OR CALL 239 671 8248

FHA Renovation Loans

Refinance or Purchase and Renovate — in just ONE LOAN

Up to

125% LTV*

Jumbo Limits

Available

*After-Improved Value

YES! ONE simple and fast loan! ONE set of closing costs!

ONE monthly mortgage payment!

We the programs you need to help more homeshoppers become homeowners and to increase your business. Don’t make your clients wait any longer - Help them to refinance and renovate!

Use Your FHA RENOVATION LOAN FOR:

New Kitchens

New Appliances

New Baths

New Windows

Plus More — JUST ASK!

Jeff Tumbarello
Public Trust Mortgage Corp
239 671 8248
www.getnetworkfunding.com
Let our network, work for you!