Florida Mortgages 100% Financing Programs
With all the changes to the mortgage industry over the past 6 months there is still options for home buyers who need 100% financing to buy a home. I have 2 new first time home buyers going through the mortgage process now and even though guidelines have tightened I an amazed to still be able to get 100% financing for low 600's Fico scores with higher back end ratio's.
I got an approval this week on a 620 mide score,100% financing with 2 collections on the credit report, 6.875% fixed for 30 years! This is a full doc loan but considering the changes in the mortgage market and the situation of the buyer I got an approval..... This is great! This is not subprime.....
Florida home buyers who need 100% mortgage financing there is hope. Contact me to see if you qualify for a mortgage.
Leo Namiot
Benchmark Mortgage
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