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
* 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
What is a Verification of
Employment (VOE) only
Mortgage?
A The Verification of Employment (VOE) loan option
uses your employment history as the primary
criteria for a home purchase. No Tax returns, W2s
or Paystubs are required.
Have you been denied or had your
loan application rejected by more
stringent loan requirements?
A VOE Mortgage may be a program to consider.
With a VOE mortgage, you don’t need W-2’s, pay
stubs or tax returns. VOE or Verification of
Employment is a type of mortgage program where
all of the verification is handled directly with the
employer. If you’re a salaried worker or a wage
earner, this program could work for you as an
alternate type of financing.
What Type of Company Do I Have to Work For?
•
The employer can be from a variety of
industries, i.e. mechanic, nail salon, hair salon,
barber, restaurant, call center, doctor’s office,
etc.
•
The employer does not have to have a large
staff.
•
The employer must have an Internet presence
with current information from 3rd party sites
such as a google page, manta.com,
yellowpages.com etc...
How to Get the Best Deal with a VOE Loan
With the VOE loan program, approval is much faster
than through a conventional or FHA loan. You’ll
need a credit score of at least 620 in order to get the
best deal, and a 20% down payment on the home.
You’ll also need to have the home as your primary
residence. You can use 100% of gift funds to
purchase the home as well.
In addition, there are flexible loan terms with a VOE
mortgage. You can choose from a 30-year fixed
loan, or a 7/1 ARM adjustable-rate mortgage (with
the interest paid during the fixed period). Plus,
because no tax returns or pay stubs are required, all
you need to show is income or have your employer
verify your employment for as little as the last two
years.
Loan Highlights
•
Credit score as low as 620
•
15% down payment on purchase (with 720 FICO)
•
Loan amounts up to $5 million
•
No tax returns, no paystubs, no W2
•
Fully completed Verification of Employment
confirming 2 years of employment required
•
Can use 100% gift
Basic Requirements:
•
2 years employment history with same employer
•
Employer must fill out verification of
employment form
•
6–12-month reserves (determined by
underwriting)
How to I proceed obtaining a VOE Mortgage
Loan
At 1st Florida Lending, we specialize in working with
individuals who are seeking out alternative forms of
financing and challenging scenarios.
If you are looking for a Jumbo loan, with a VOE loan,
our maximum loan amount is $5 million, which
makes this an excellent choice for those looking for
a luxury residence, and who can’t get approved for a
Jumbo loan by the traditional route. It is also
important to note that like with any type of loan,
there are certain requirements involved. That’s why
it’s a good idea to work with a knowledgeable lender
who can help you understand these requirements
and what you’ll need in order to get your financing
approved.
Click Here if you’re ready to start the process by
completing a 1-minute questionnaire that provides
us with basic information. Once completed, you will
be assigned an experienced/licensed loan officer
who will answer your questions and work with you
to obtain a prosed rate and loan pre-approval letter
if you are still shopping for home or a full approval
and funding timeline if you already have a signed
purchase agreement.
The good news is that even if you don’t qualify
for a VOE loan, we over 48 potential loan
programs we can explore together to help you
find the right deal for your unique needs.
VOE LOANS
ONLY VERIFICATION OF EMPLOYMENT
REQUIRED TO PURCHASE YOUR HOME
NO TAX RETURNS
NO PAYSTUBS
NO W2’s
We Offer over 48 Loan Programs
Conventional Loans - 6 programs
Self-Employed Loans - 14 programs
FHA Loans - 8 programs
VA Loan Programs - 4 programs
USDA Loans - 3 programs
No-Income Verification Loans - 9 programs
Foreign National Loans - 6 programs
No Income / No Employment Stated Home Loans
Reverse Mortgage Loans
Asset Depletion Loans
Construction-to-Perm Loans
Non-Warrantable Condos & Condotels Loans
Fix and Flip Bridge Loans