Nicole CatesPersonal Service with a Difference! You probably know how important it is to find the right real estate agent when you are focusing on a financial investment as substantial and as personal as your home. What you should know about Nicole is that he believes wholeheartedly in the unique, personal nature of real estate. You will see that revealed in how he follows through on what is promised and carefully guide you through the many steps and decisions along the way. Nicole is fully committed in providing you with a noticeably higher level of service that will make your real estate experience as easy and as stress-free as possible. What can expect from Nicole? • Personal and knowledgeable service that is genuinely responsive to your needs • A "Neighborhood Specialist's" familiarity with local communities, home values, and price trends • Advice and guidance throughout the entire process • Commitment to help you leverage her many resources that can save you valuable time and effort in securing your new home or selling an existing home. 1st Florida Lending
PREFERRED REALTOR NETWORK
Our Foreign National Loan Application is for non-us citizen who have the qualifications and resources to purchase a home or invest and would like for us to pre-approve their loan amount, quote rates and terms before making a full commitment to move forward. We provide financing for foreign nationals and offer programs with little or no documentation for with quick, easy approval.
1st Florida Lending can Pre-Approve your Mortgage
Offering the largest selection of Mortgage Loan Programs in Florida. Over 45 and Counting! Conventional * Conventional w/ 97LTV's * Non QM Conventional - Non QM Conventional w/ 12 month Short sale, Foreclosure, Bankruptcy * Non QM Conventional w/24 months Short sale, Foreclosure, Bankruptcy * Jumbo Loans low rates * Jumbo Loans w/ 12 month Short sale * Jumbo Loans w/Short sale, Foreclosure, Bankruptcy *No documentation loans * Investment Properties * Commercial * FHA's with 520 FICO'S * FHA Streamline Non Credit Qualifying * FHA Purchase and Refinance Loans * VA * VA Construction to Permanent Purchase Programs * IRRA'S * USDA * Cash Flow Loans * Unlimited cash out * Business owner Bank Statement Loans * Independent Contractor Bank Statement Loans * Self-employed Borrower who has been Self-Employed for less than 1 year * Stand Alone 2nds * Manufactured Homes * Manufactured Homes for FHA and VA * Refinance * Refinance w/ cash out * Unlimited Cash Out * 203k Streamline * HARP * Fresh Start * Home Community * Home Path * Non-traditional Credit/Trade References * Live and work in Puerto Rico * Construction to Perm * Borrowers who have money, but not employed * Reverse Mortgage * Home Renovation * Sub-Prime * Zero FICO Score * Foreign National Stated * Foreign National Full Doc
Our Loan Pre-Approval Application is for those borrowers who would like to obtain a preliminary loan pre-approval, with a qualifying rate and term that meets with your expectations before making a full commitment. Once you are pre-approved and agree with the terms. We will issue you signed pre-approval letter and initiate the final underwriting approval process.
Why a Bank Statement Loan? With over 14 programs, Bank Statement Loan programs 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 even if you are 1 day out of a recent mortgage events (e.g. Bankruptcy, Foreclosure, Short Sale, Deed in Lieu.
Selecting the right Real Estate Agent when making the largest purchase of your life is an important part of the home buying process. We welcome Nicole Cates to our Preferred Realtor Network which includes some of the top real estate agents and companies in Florida.
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100 % LTV FOR FHA PURCHASE USING A SILENT SECONDWe now offer a 100% LTV FHA loan using a silent second to offset the required 3.5% down payment. It is important to note that there is no repayment of the silent second if the Borrowers income does not exceed 115% of the Area Medium Income (AMI) limits in Florida (view chart). In this case, we will allow interest rates as low as ZERO and the silent second goes away after 3 years. Also there is no repayment required if the borrower keeps the Mortgage for 3 years!- 100% LTV for FHA Purchase Only- Minimum 620 FICO to QualifyOther Zero Down payment options for (FHA,VA,USDA)Its common knowledge that the Federal Housing Administration (FHA) loans require a 3.5% down payment, which can be quite a lot of money for some borrowers. The FHA rule allows a borrower to receive a gift for the entire down payment. The gift can be from a family member, non-profit organization, fiance, or other eligible down payment gift source. That means you don’t need any of your own money to buy with FHA, if you can find a source for the giftFHA LOANS HAVE MINIMAL DOWN PAYMENT AND CLOSING FEES: •Down payment only 3.5% of the purchase price. •Gifts from family or Grants for down payment assistance and closing costs OK! •No reserves or future payments in account required.•Seller can credit buyers up to 6% of sales price towards buyers costs. •FHA regulates closing costs. FHA LOANS EASY QUALIFICATIONS: •Obtain an FHA loan 3 years after a Foreclosure. •Purchase a Florida home 12 months after a chapter 13 Bankruptcy •Purchase a Florida 24 months after a chapter 7 Bankruptcy.•Minimum FICO credit score of 580 required for 96.5% financing.•Have bad credit? Minimum FICO scores of 540 required for 90% financingFHA LOANS ALLOW HIGHER DEBT TO INCOME & EASIER JOB QUALIFYING •FHA allows higher debt ratio's than any other Florida home loan programs. •Less than two years on the same job is OK! •Self-employed buyers can also qualify for FHA.
ComboDoc Jumbo Loan 12 Month Bank Statements (Business or Personal)1 Yr Tax Returns, Self-employed or W2 Wage EarnerMax 90% LTV with NO MI - Rates* starting at 4.25% Loan Amounts from $300,000 to $2.5Millon
- - - - - - - - Are you Self-Employed with no Mortgage Events?- - - - - - - -
We offer 8 or the 14 bank statement loan programs for those Self-Employed, DBA’s, Sole Proprietors, Corporations, 1099 Independent Contractors and W-2 wage earners who have no mortgage event history Very Low Rates* starting in the 4’s .
Jumbo Full Doc Loan - w/ 2 Year Tax Returns95% LTV from $300,000 to $1.5 MM Purchase or Cash Out / No MI 30 Year Fixed with Rates* starting at 4.25% 85% LTV from $300,000 to $2.5MM with No MI Rates* starting at 4.15% / up to 50% DTI (debt-to-Income Ratios)
Key Highlights* Minimum FICO Score: 500 *** Loan Amounts: 150,000 min. - 3 Million max.* Maximum LTV: 90% (10% down payment)* BK,FC & SS Eligibility: 1day, 1 yr, 2 yrs and 3 yrs out* Terms: 5yr-ARM / 7yr-ARM / 30 Yr-Fixed* No Tax Returns, Pre-Payment Penalty or MI* Foreign Nationals Eligibility: YES*Property Types: Single Family, Multi-Family, Condo, *Investment, Commercial and Land OK !
BANK STATEMENT LOANS
For Self-Employed, DBA’s, Sole Proprietors, Corporations, 1099 Independent Contractors and W-2 Wage Earners