Federal Housing Administration insures financing for borrowers that qualify under their guidelines. these programs are generally easier to qualify with a higher amount of monies to finance (hence less down payment) at very competitive rates.
The Various Programs offered by
FHA and VA
Plan
Description
5810
FHA Loans (Federal Housing Administration) offers both fixed and Adjustable Rate Mortgage with low down payments to the borrower, FICO Scores as low as 640
5820
VA loans programs enables Veterans and active duty personnel that qualify to purchase and refinance a home at favorable loan terms.
5821
An IRRL (Interest Rate Reduction Refinance Loan) this is a new VA loan made to refinance an existing VA loan.
Other Programs:
Plan
Description
8000
Portfolio Programs: Portfolio Programs are those loans that are funded in house or through Institutional Lenders that provide funding for loans that otherwise could not be sold in the secondary market. These are short term loans, usually interest only.
9000
Commercial Lending: We offer Commercial Financing through a sister Company.
Helping Florida's HomeOwners and HomeBuyers With Ethics And Consideration! I Understand You!
Juan Luis Rodriguez-Kohly Your Trusted Mortgage Professional Reverse Mortgge Specialist NMLS: 257898 FL: LO5069 License Information
