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Bill Harper's Blog

By Bill Harper | Agent in Hollywood Lakes, Hol...

Hollywood FL Home Loans 97% Financing, Hollywood FL mortgage loan

Hollywood FL Home Loans, Hollywood FL mortgage loan,FHA home loans in Hollywood, FL make buying a Hollywood FL home easier and less exspesive then other types of home loan programs.

Minimal Down Payment and Closing Costs.

•·  Down payment less than 3% of Sales Price

•·  100% Financing options available

•·  No reserves or required.

•·  FHA regulated closing costs.

•·  Seller can credit up to 6% of sales price towards buyers costs.

Easier Credit Qualifying Guidelines such as:

•·  No minimum FICO score or credit score requirements.

•·  FHA will allow a home purchase 2 years after a Bankruptcy.

•·  FHA will allow a home purchase 3 years after a Foreclosure. 

Easier Debt Ratio & Job Requirement Guidelines such as:

•·  Higher Debt Ratio's than other home loan programs.

•·  Less than two years on the job is allowed.

•·  Self-Employed individuals o.k.

Apply for an FHA loan at www.FHAmortgagePrograms.com

Not two generations ago, it was difficult for home buyers in Hollywood Florida to get a mortgage from their local Hollywood FL financial institution without a 20% Downpayment. Few people in Hollywood FL could manage the savings required and many otherwise qualified Hollywood FL buyers didn’t get approved for the funds to buy a home in Hollywood FL because they did not have the minimum Downpayment to qualify for a  Hollywood FL Mortgage.

Although recent problems in the subprime market have made lenders more careful about how they extend credit, it's still very possible to buy a home in Hollywood FL with little or no money down. To learn more about our Hollywood FL home buyer programs, just give us a call at 1-800-570-0448 or use our quick application to inquire today!

No Money Down Programs for Hollywood FL Home Buyers

For sure, it is much easier today to be a Hollywood FL home buyer than it was a generation ago. Even if you don't have substantial savings or perfect credit, 1st Continental Mortgage works with many Hollywood FL lenders still willing to make loans to Hollywood FL borrowers with limited cash for Downpayment

In fact, today in Hollywood FL 7 out of 10 first time home buyers make a Downpayment of 10% or less. A good many Hollywood FL buy their homes with no money down at all.

Because most people who sell an existing home have some equity which can be applied to making the Downpayment on the new home, no down payment financing is most attractive to Hollywood FL first time home buyers. However, these loans are an option for all Hollywood FL home buyers whether they have equity from a prior sale or not.

Don't be persuaded that your lack of a Downpayment means you can't become a Hollywood FL homeowner. Call 1-800-570-0448 or use our quick application to find out how simple it is to take advantage of 1st Continental Mortgage's excellent no money down mortgage programs.

With 10 plus years of helping Hollywood FL home buyers and first time home buyers become homeowners, the skilled and experienced mortgage lenders of 1st Continental Mortgage can help you own a Hollywood FL home using these excellent no money down Mortgage programs:

  • 106% Financing For Hollywood FL Home buyers - Closing costs in Hollywood FL vary but typically run from 4-6 percent of the value of the transaction. Using a 106% Hollywood FL mortgage is an excellent way to create a truly no money down home mortgage. Call 1-800-570-0448 to get pre-approved for this no money down program today! Quick Application!
  • 105% Financing For Hollywood FL Home buyers - Right now sellers of homes are a little more flexible in dealing with prospective Hollywood FL home buyers because of the slower Hollywood FL housing market. That means 105% financing is often enough to produce a true no money down real estate transaction for the Florida real estate buyer, especially if your Realtor® can negotiate some help from the selling side. To learn more about our 105% mortgage programs, call 1-800-570-0448 or apply securely online for no money down Hollywood FL mortgage. Quick Application!
  • 103% Financing for Hollywood FL Home buyers - Having an experienced Mortgage Lender working with you and your Realtor® in structuring your offer to purchase is one way that many Hollywood FL home buyers get to the closing table with 103% financing. Our loan officers are standing by to answer any questions you might have about our mortgage programs for Hollywood FL home buyers at 1-800-570-0448. Call now for a quote on 103% financing or any our other Hollywood FL lending no money down mortgage programs! We can get you a loan whether you're financing a modular home in Hollywood FL or a single family block home in Broward County. We will make a fixed rate no money down home loan easy! Quick Application!
  • 100% Financing For Hollywood FL Home Buyers - Interest rates are at historic lows and an oversupply of well built homes with high days on market! Hollywood FL home buyers should not let the lack of funds for a Downpayment make them miss what looks to be one of the best buying opportunities in Hollywood FL residential real estate in many years. A 1st Continental Mortgage representative will be happy to discuss how you can buy your Hollywood FL home with 100% finance lending. Call 1-800-570-0448, or inquire using our contact form for a no obligation quote on 100% financing from our best Hollywood FL lenders. Quick Application!
  • 80/20 Financing For Hollywood FL Home buyers - Although private mortgage insurance is now deductible in many cases, many of our Hollywood FL mortgage clients want to avoid PMI but still get 100% financing. We have structured many combo loans with an 80% first mortgage and a 20% Second Mortgage or home equity line of credit to avoid PMI and still achieve a purchase money mortgage with no Downpayment requirements. Call 1-800-570-0448 or use our contact form for a quote on an 80/20 no money down combo mortgage to buy your Hollywood FL dream home. Quick Application!
  • 97% Financing For Hollywood FL Home buyers - A few years ago a seller's agent faced multiple offers and could pit Florida home buyers against each other in a bidding war before accepting the highest and best offer. Now home buyers can drive through subdivisions in most Hollywood FL metros and find plenty of for sale signs. Motivated seller's agents are receptive and often willing to kick in 3 to 9% toward buyer's closing costs and Downpayment without a corresponding increase in the offered price. In this way, even 97% financing can become the way to buy a Hollywood FL home with very little money out of pocket. Call 1st Continental Mortgage right now at 1-800-570-0448 for full details on our 97% Florida mortgage loans. Quick Application!

Many Hollywood FL First Time Home Buyers Are Eligible For No Money Down Mortgages

You may be pleasantly surprised how much money the same amount you are spending on rent every month can buy if you apply it toward a low fixed rate Florida mortgage. Why not take a step toward building equity for yourself and your family? Call 1st Continental Mortgage today at 1-800-570-0448 or use our secure online Florida mortgage quick application to get a no money down mortgage for a Hollywood FL first time home buyer in Broward County or any of the other Hollywood FL areas we serve.

Quick and Easy No Money Down Programs for Hollywood FL First Time Home Buyers

Some Hollywood FL first time home buyers hesitate because they think that the no money down loan process is too complicated or time consuming.

Not so.

1st Continental Mortgage pros have been making getting loan approvals for Hollywood FL first time home buyers easy, stress-free, and straightforward for over ten years now. We can help you get the keys to a Hollywood FL home that you own. Call 1-800-570-0448 and ask about our special no money down first time home buyer mortgage programs.

Our no money down programs for Hollywood FL home buyers include all of the following:

  • Low fixed rate Florida mortgages with terms of 40,30,20,15, and 10 years;
  • First time home buyer programs for Hollywood FL Jumbo and Super Jumbo Mortgages for the purchase of luxury homes;
  • No money down mortgage first time home buyer programs that allow for contributions from the seller and use of gift programs to pay closing costs and prepaids;
  • Hollywood FL no money down programs with Interest Only periods of 1, 3, 5, and ten years;
  • Both conventional and FHA home loan programs designed specifically for first time home buyers with less than perfect credit who want a low cost alternative to a sub prime mortgage;
  • Excellent programs for first time buyers seeking to purchase mobiles, modular or trailer homes with land.

Don't miss one of the best times to buy a home in Hollywood FL because you don't have a Downpayment The call and consultation are free and without obligation. Call First Continental Mortgage at 1-800-570-0448 to learn more about buying your first Hollywood FL home with no money down.

 
Hollywood FL Home Buyer Financing
Hollywood FL Homeowner Refinance
Hollywood FL FHA Loans
Hollywood FL FHA Loan Limits
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Hollywood FL Foreclosure Help
Hollywood FL Jumbo Mortgage Loans
Hollywood FL Interest Only Loan
Hollywood FL Real Estate Investors
Hollywood FL Second Mortgage
Hollywood FL Bad Credit Mortgage
Hollywood FL Florida Mortgage Lender

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