Florida Rural (USDA) Development Loan Eligible Areas - 10/31/08 09:57 AM
Only those counties with ineligible areas are listed below. All other counties are completely eligible.
Alachua, Bay, Brevard, Broward, Charlotte, Clay, Duval, Escambia, Hillsborough, Indian River, Lee, Leon, Manatee, Marion, Miami-Dade, Monroe, Okaloosa, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, St. Johns, St. Lucie, Santa Rosa, Sarasota, Seminole, Volusia
If a … (0 comments)
Rural Development (USDA) Guarantee Fee - 10/30/08 01:54 PM
There is a non-refundable insurance guarantee fee for purchase transactions and improvements for existing dwellings.
The guarantee fee is equal to 2.00% of the loan amount.
For rate/term refinance transactions, the guarantee fee is .50%
The guarantee fee may be financed in with the loan amount. In instances when the … (0 comments)
100% Doctor Loan up to $1.5 Million NO MI - .25% Off Interest Rate - 10/30/08 11:49 AM
Program features include:
Up to 100% financing (even in a declining market)
No monthly mortgage insurance payments
Eligible on purchase and rate/term refinances
Construction loans, fixed rate, ARM and interest-only financing available
Loan amounts of up to $1.5 million with competitive pricing and special relationship discounts
ALL OF NOVEMBER WE ARE OFFERING … (0 comments)
VA Funding Fee - 10/29/08 10:54 AM
I've been getting a lot of phone calls the last couple days on the VA Funding Fee. I thought it would be helpful if I posted them online.
The following persons are exempt from paying the funding fee:
veterans receiving VA compensation for service-connected disabilities,
veterans who would be entitled to … (4 comments)
VA Loans - 10/27/08 12:56 PM
In addition to the 6th Air Mobility Wing, MacDill Air Force Base is also home to 53 Mission Partners, including United States Central Command and United States Special Operations Command. Tampa and surronding counties are home to a large number Veterans. A VA loan is one of the last 100% programs. … (0 comments)
HOPE for Homeowners - 10/11/08 04:25 PM
This is a new program for borrowers at risk of default and foreclosure. The program provides new, 30-year, fixed rate mortgages that are insured by the Federal Housing Authority (FHA). H4H is voluntary. Both lender(s) and borrower(s) must agree to participate.
When does H4H begin?: The program begins October 1, 2008 … (1 comments)
Good Neighbor Next Door (GNND) - 10/07/08 09:19 AM
HUD Acquired SFR eligible for purchase by Teachers, Law Enforcement Officers, Firefighters and EMT's for 50% off the purchase price.
Homes are located in HUD designated Revitalization Areas
$100 Down payment if the home is financed FHA
Not limited to First Time Homebuyers*
Home MUST be owner occupied for 3 … (2 comments)
Construction-Permanent Loans (OTC) - 10/06/08 10:24 AM
The Construction-Permanent loan is designed for borrowers who finance the construction of a primary residence or second home by a reputable builder. The loan is made directly to the consumer, not to the builder. In addition, the Construction-Permanent loan offers financing to borrowers for property rehabilitation including renovations and tear-downs.
There … (1 comments)
Rural Development - USDA Loans - 100% Financing - Tampa - 10/03/08 11:45 AM
A great alternative to an FHA loan is the RURAL DEVELOPMENT, USDA loan. The home to be purchased must be located in an eligible rural area as defined by USDA.
To determine if a property is located in an eligible rural area visit http://eligibility.sc.egov.usda.gov
THE ADVANTAGES OF THE USDA LOAN:
Loan … (0 comments)
100% Doctor Loan - Special Rate Reduction ends 10/31 - 10/03/08 10:48 AM
Program features include:
Up to 100% financing (even in a declining market)
No monthly mortgage insurance payments
Eligible on purchase and rate/term refinances
Construction loans, fixed rate, ARM and interest-only financing available
Loan amounts of up to $1.5 million with competitive pricing and special relationship discounts
ALL OF OCTOBER WE ARE OFFERING … (3 comments)
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Only those counties with ineligible areas are listed below. All other counties are completely eligible.
