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)856-7097 * (800) 655- 1345 * (407) 300-2558 * Fax (877) 401-9955
Click for the BBB Business Review of this Mortgage Lender in Orlando FL
* Disclaimer: All Loan programs, rates and terms can change without notice and are subject to credit and underwriting approval. Loan charts highlight min/max constraints, assumptions & random scenarios only. We will always work hard to approve your loan but there are no guarantees of any kind expressed or implied that any loan we be approved. Licensed in Florida Only. When Banks Say No ! We Say YES ! ® is a registered trademark owned by 1st Florida Lending Corp. Florida lender license # MLD106. © 2007 - 2023 1st Florida Lending Corp. - All rights reserved
We offer over 48 loan programs in every county in the State of Florida as follows; Alachua County,Baker County,Bay County,Bradford County,Brevard County,Broward County,Calhoun County,Charlotte County,Citrus County,Clay County,Collier County,Columbia County,DeSoto County,Dixie County,Duval County,Escambia County,Flagler County,Franklin County,Gadsden County,Gilchrist County,Glades County,Gulf County,Hamilton County,Hardee County,Hendry County,Hernando County,Highlands County,Hillsborough County,Holmes County,Indian River County,Jackson County,Jefferson County,Lafayette County,Lake County,Lee County,Leon County,Levy County,Liberty County,Madison County,Manatee County,Marion County,Martin County,Miami-Dade County,Monroe County,Nassau County,Okaloosa County,Okeechobee County,Orange County,Osceola County,Palm Beach County,Pasco County,Pinellas County,Polk County,Putnam County,Santa Rosa County,Sarasota County,Seminole County,St. Johns County,St. Lucie County,Sumter County,Suwannee County,Taylor County,Union County,Volusia County,Wakulla County,Walton County,Washington County
1st Florida Lending
Takes only 60 secs No credit check LOAN PRE-APPLICATION QUOTE

Florida’s Top Rated Mortgage Lender

WE ARE DIRECT LENDERS - NOT RETAIL BROKERS

407-300-2558
We offer over 48 loan programs in every county in the State of Florida as follows; Alachua County,Baker County,Bay County,Bradford County,Brevard County,Broward County,Calhoun County,Charlotte County,Citrus County,Clay County,Collier County,Columbia County,DeSoto County,Dixie County,Duval County,Escambia County,Flagler County,Franklin County,Gadsden County,Gilchrist County,Glades County,Gulf County,Hamilton County,Hardee County,Hendry County,Hernando County,Highlands County,Hillsborough County,Holmes County,Indian River County,Jackson County,Jefferson County,Lafayette County,Lake County,Lee County,Leon County,Levy County,Liberty County,Madison County,Manatee County,Marion County,Martin County,Miami-Dade County,Monroe County,Nassau County,Okaloosa County,Okeechobee County,Orange County,Osceola County,Palm Beach County,Pasco County,Pinellas County,Polk County,Putnam County,Santa Rosa County,Sarasota County,Seminole County,St. Johns County,St. Lucie County,Sumter County,Suwannee County,Taylor County,Union County,Volusia County,Wakulla County,Walton County,Washington County
BANK STATEMENT LOANS ARE FOR SELF-EMPLOYED BORROWERS WHO’S TAXABLE INCOME MAKES THEM INELIGIBLE FOR CONVENTIONAL LENDING Click Here Below are highlights of our 14 + Self-Employed Bank Statement Loan Programs) • 12- & 24-Months Business or Personal Statements • 100% of Deposits on Personal Statements is utilized in Analysis • Use Up To 85% of Deposits on Business Statements s utilized in Analysis • No tax returns required or 4506 required to qualify • Min $150,000 up to $5,000,000 (need more? Ask your Loan Officer ) • Borrow up to 90% of your primary homes value • Low Rates and Buy Downs with some programs • Min 600 Fico permitted with some programs • No Mortgage Insurance (all programs) • No Prepayment Penalty (all programs) • SFR, Condos, Town house and 2-4 Units • Non-warrantable condos OK • 5/1 & 7/1 ARM’s or 30 year Fixed • Borrower does not have to be 100% owner of the business • Multiple bank accounts are permitted in some programs • P&L statements NOT required on most programs • Owner-occupied, 2nd homes and investment properties • Bankruptcy, Foreclosure, Short Sale (Min 2 years out) • Common-sense consideration of NSFs and overdrafts • Some reserves required depending on credit and loan amount • Purchase, Rate/Term and Cash-Out Refinancing • Co-Borrowers may use non-self-employment income sources like W2, rental retirement, social security, and pension. NEW UPDATED PROGRAMS! ONE (1) YEAR PROGRAM BANK STATEMENT PROGRAM • W2 wage earners who changed status to self-employed One (1) year or more ago but have not been self-employed for a full two (2) years. • Up to 80% LTV • Last 12 months bank statements plus last two years W2's • 600 Min FICO • Up to $4,000,000 Loan Amount 1099 CONTRACTOR INCOME - NO OTHER INCOME DOCUMENTATION NEEDED • Up to 80% LTV • 2 Most Recent Bank Statements • 600 Min FICO • Up to $4,000,000 Loan Amount Qualifying for a Self-Employed Bank Statement Loan Bank Statement Loans are utilized by a wide range of self-employed professionals, including Business owners, Freelance employees, Consultants, Contract workers, Independent Contractors, Sole proprietors, Online retailers, Economy workers, Realtors, Entrepreneurs and many other types of self-employed people, etc... Being self-employed it can be difficult to obtain a mortgage. The facts are that most self-employed would agree that their tax returns don't really show their true income as many tend to write off many expenses over that a W-2 wage earner. Regardless of what you make for income, tax write-offs and deductions reduce your taxable income that can affect your debt-to-income ratios. As a result, your net taxable income (after deductions) may disqualify you for a traditional mortgage for purchasing and/or refinancing ! Q. How do we calculate income utilizing personal bank statements or business bank statements? • Personal Bank Statement Loan: Income received for your goods and/or services is payable to your personal name and deposited into your personal bank account. • Business Bank Statement Loan: Income received for your goods and/or services is payable to your business name and deposited into your business bank account. Determining Qualifying Income • We use total bank statement deposits to establish a monthly qualifying Income. Eligible income is calculated differently between a personal bank statement and business bank statement loan. • Personal Bank Statement Loan: We count 100% of your deposits which is utilized in Analysis • Business Bank Statement Loan: With some programs we count up to 85% of your deposits which is utilized in Analysis Why Choose 1st Florida Lending ? We are ranked #1 in the State of Florida with a 99 % closing rate for Self Employed Bank Statement Loans. 14 Self-Employed Solutions Most Banks/Lenders offer one or two bank statement programs for their self-employed borrowers. At 1st Florida Lending, we offer more than 14 Programs with the low rates and streamlined processing, even for the most challenging loan scenarios. Qualifying Requirements Self-employed Business owners, Freelance employees, 1099 Consultants, Contract workers, independent contractors, Sole proprietors, Online retailers, Economy workers, Realtors, Entrepreneurs, and many other types of Self-Employed scenarios. Seasoned Loan Officers We understand what it takes to close bank statement loans. The first ingredient is an experience loan officers who originate our bank statement loans These loans are all manually underwriting (no software is utilized like FHA Loans) with 4 x the paperwork. Click Here