There are 3 types of refinancing (rate-and-term, cash-out, and cash-in) depending on your individual needs. The most popular refinancing is rate-and-term to take advantage of lower rates or cash-out to consolidate, pay down or pay off debt and/or shortening their loan term, or a combination of the above.
We are proud of the various charities that our company and team members support !
Aside from our companies contributions. We encourage team members to donate there time and money to charities of their choice to support the less fortunate
THE NEW VA MORTGAGE ADVANTAGEA VA Loan has many advantages that make it one of the most appealing paths to home ownership and this great benefit is reserved exclusively to those who bravely served our country and select military spouses. When combined, the benefits of the VA mortgage allow service members and Veterans to take advantage of substantial cost savings under qualification requirements designed specifically for members of the military and their unique needs.
VA PROGRAM HIGHLIGHTS•100% Financing•Competitive interest rates•No PMI (private mortgage insurance)•FICO starting at 580 + •Disabled Veterans pay no Property Tax in Florida
With offer over 14 programs. Bank Statement Loans are rapidly becoming the loan of choice for self-employed, DBA’s, Sole Proprietors, Corporations, 1099 Independent Contractors and W-2 wage earners who have cash flow and payment history, but show a reduced taxable income as a result of high deductions
At 1st Florida Lending Corp, we have been closing Commercial Real Estate and Investment Property Loans in Florida since 2007 offering fast funding by seasoned professionals. We offer a full range of Commercial Real Estate and Investment Property Loan programs including No Income Verification, Self-Employed, Full Doc, No-Doc and Stated Income for any property type and financial situation.
Over 48 loan programsDirect Lenders - No Retail BrokersManually Underwrite Challenging LoansSame Day Loan Pre-Approval Letters
Our Loan Match Wizard simply allows us to FIND AND QUOTE the best loan program match based on your answers to a few questions that takes less than 60 seconds
BEST OF ALL - WE DO NOT PULL YOUR CREDIT TO PROVIDE RATES
our top RATED - most popular programs are Listed below for your review
100% LTV SUPER JUMBO LOANS
95% LTV JUMBO LOANS
FHA is our most popular loan option because it provides a more lenient credit and income requirements than other mortgages. FHA are the most forgiving of credit problems, and can be manually underwritten to stretch debt to income ratios for those who qualify.
Our Jumbo and Super Jumbo loans are ideal for home buyers looking for higher priced luxury homes. These loans are designed to simplify home buying in pricey markets by covering the full cost of the loan, so there is no need for borrowers to drain their cash reserves. STARTING RATES IN THE 3’S
We are Ranked #1 in the State of Florida with a 99 % closing rate for all Self Employed Bank Statement Loansoffering more than 14 Programs even for the most challenging loan scenarios. We are Direct Lenders, not retail brokers there are no “retail broker fees” added.BUY DOWN RATES IN THE 3's *
Our Super Jumbo Loan program is an option for borrowers looking to finance the purchase of a home or investment property in a high-cost market. With loan amounts from $5 Million up to $30 million or more in some cases. Our Super Jumbo Loans offer competitive interest rates and flexible terms.
Our ITIN & DACA Loan program offers potential home ownership for the undocumented / foreign national borrower who lives and works in Florida as well as pays US taxes to the IRS with the ITIN Tax ID (instead of a Social Security number) to purchase a Primary Home
Our Foreign National Loans offer non-citizen residents who have the qualifications, resources, and motivation to purchase a second home, vacation home or investment property in the United States have helped propel domestic real estate markets in tough times.
85% LTV INVESTOR LOANS - NO INCOME AND NO EMPLOYMENT REQUIRED! Purchase or Refinance Investment Property with No Income or Employment Verification. Anyone can purchase or refinance an investment property with or without rental income. If there is no rental income . We qualify you based on the Appraisals Estimated Rental Income.
Commercial Ptate and Investment Property loans for most property types at very competitive rates with just the right terms with fast closing timelines to pay off an over-due note or to complete a purchase with a fast approaching deadline!
Asset Based Mortgage Loans is where you can leverage your asset to determine a qualifying monthly income to purchase a new home or refinance and existing home. Determining Qualifying Assets:Checking & Savings accounts, Money-market accounts, CDs, Publicly Traded Stocks, Bonds, Mutual funds, Trusts, IRAs and 401ks that have cash conversion liquidity
A Reverse Mortgage loan for homeowners over the age of 62 that can access a portion of the home’s equity and uses the home as collateral. The loan generally does not have to be repaid until the last surviving homeowner permanently moves out of the property or passes away.
Bridge Loans are great for Fix and Flips, Replacing Loan Denials or if you need quick cash There are no income or employment verification needed to qualify. Only an appraisal and source of funds to close with some reserves. This program does not require a credit score or investor experience
Our VA Loan as many advantages that make it one of the most appealing paths to home ownership and this great benefit is reserved exclusively to those who bravely served our country and select military spouses. When combined, these benefits allow substantial cost savings.
USDA is for financing qualifying properties in rural areas. USDA loans offer low interest rates and 100% financing. Never assume that you wont qualify. Contact our certified USDA loan officers who will quickly identify your needs, and offer you the type of expert advice you deserve
We close 80% of loans that are turned down by banks, nation wide lenders and local direct lenders alike...How? Simply stated, most lending institutions are not willing to spend the time or resources to approve borrowers whose profile does not meet the industry matrix criteria. The good news is that we do!
1st Florida Lending Corp., a registered Mortgage Lender Orlando servicing only the State of Florida, offering over 48 loans programs
including Conventional Loans, Non-Conforming Loans, FHA Loans, VA Loans, USDA Loan, Self-Employed Loans, Bank Statement
Loans, No-Doc Loans, Reverse Mortgage Loans, ITIN Loans, Rental Investment Loans, to name a few and specializing in Bank
Statement Loans or “stated loans” requiring no Tax Return verification and much more. * No broker or lender fees are for FHA,VA, USDA
and Conventional loan types Main Office: 2151 Consulate Dr. * Suite 8 * Orlando, FL., 32837 * Telephone (800) 655-1345 * (407)
300-2558 * Fax (877) 401-9955We are approved lenders for all Government Loans and registered with the Florida Office of Financial
Regulation - # MLD106When Banks Say No ! We Say YES ! ® is a registered trademark owned by 1st Florida Lending Corp.
When Banks Say No! We Say Yes!YOURLOANPROGRAM!YOURRATE ! YOURTERMS!
The 1st Florida Lending PromiseAt 1st Florida Lending we want to help you confidently choose the best mortgage and save money. To do that, you need a team that has one priority - that is YOU !* A Florida Direct Lender that Cares * * The Team with a Heart to Truly Help * * We Take Trouble Out of the Equation *
Most to assume that you are good-to-go with getting a conventional mortgage loan that conforms to all of today’s lending standards and guidelines. Think again. Many times, once we review a borrowers credit history and financials’. They could actually be a candidate for a non-conforming loan and do not even realize it. More importantly, there is a significant difference between a conforming and non-conforming loan.
if you are a prospective home buyer and curious about whether they would qualify for a conforming or non-conforming loan. Let us help guide them to shed some light on this sometimes confusing and complicated mortgage term.
Foreign National Stated Loans20% Down
ASSET BASED MORTGAGE LOAN
1 YEAR BRIDGE LOAN / NO PREPAY
90 ltv itin tax id loans
Stated Income Home Loans
With No Income Verification
1.85% LTV for Primary and Second Home Purchases and Rate/Term Refinancing 2.75% LTV for Primary and Second Home Cash-Out Refinance