Hard Money Loans are still available for good andÂ bad creditÂ Florida home loanapplicants to Â purchase or refinance Florida real estate. For purchases's the price is the guideline. Our hard money loans are based on the purchase price and NOT the appraised value.Â The rule of thumb has always been, 55-65% LTV Based on purchase price or appraised value, the lower of the two.
FLORIDA HARD MONEY LOANS AVAILABLE FOR THE FOLLOWING:
- Floriad residentialÂ Florida Hard Money LoansÂ - LTV's up to 70%. Rates starting at 9.99%
- Commercial Florida Hard money Loans - LTV's up to 70%. Rates starting at 9.99%
- Foreign National Florida Hard Money Loans - LTV's up to 50%
- Florida Hard Money LoansÂ for Free and clear owner occupied Florida refinance - LTV's upt o 50%. Rates from 10.99%
- Bank REO Florida Hard MoneyÂ Florida Hard Money LoansÂ forÂ purchase - LTV's up to 70%. Rates starting at 9.99%
- Florida Hard Money Condo LoansÂ (Case by case basis) - LTV's up to 50%. Rates starting at 10.99%
- LTV's up to 60% on Owner Occupied Florida Condos.
- Florida Hard Money Debt Consolidation Loan Program Â - LTV's up to 70%. Rates starting at 8.99%. Clients can only get cash out up to 10% of the loan amount. 560 minimum credit score requirement.
- Hard Money Florida Home LoansÂ For Double Wide Mobile Homes - LTV's up to 50%
- Hard Money Florida 2nd Home loan Â & investment properties - LTV's upt o 65%. Rates starting at 9.99%
- Hard Money Florida Commercial loans & Upscale Residential Land (Florida client must have 50% equity in owner occupied Florida homes - no exceptions -) Up to 50% LTV. Rates starting at 10%.
- Hard Money For FloridaÂ Subprime ResidentialÂ Florida FundsÂ Owner Occupied to 70% Rates from 8.99%
- Subprime Florida Condo Loans to 60% Ltv Rates from 8.99%
- Florida Hard Money Secondary Homes, Florida Hard Money Loans for Florida vacation homes, Florida investment properties to LTV to 65%
- Private Hard Money FinancingÂ in Florida For Commercial Loans to 50% LTV rates from 10.99%
- Specialty Hard Money Florida Mortgage Programs for Log Cabins, Condotels, Warehouse, Florida Self-storage units.
- Commercial Bank Hard Money Loans on Florida Hotels, Strip Center, Apartments, Restaurant, Office building to 70%
- Self Employed Hard Money LoansÂ Programs, bad Credit, No credit, No Doc, and Lite Doc.
- Florida Hard Money InvestorÂ Blanket loans to 65%, Investor Mortgage Refinance and Purchase programs to 65%
- Florida Hard Money LoansÂ for borrowers on the job less than two years, Bankruptcies, Past Foreclosures Okay!
- Hard Money Mortgage Financing in Florida for Borrowers who have been turned down by the Bank but have Equity
- Florida Hard Money Bank Statement Loan Programs, andÂ loans for Hard money loan applicants with less than prefect credit.
- Florida Hard Money BankÂ Reo Purchase Loan Programs must only need small rehab 5k to 10k
- 1st Time Florida Hard Money Homebuyer loans available in all of Florida for Bad Credit Florida homebuyers
- Out of State Florida homebuyer financing in Florida for potential homeowners who are self-employed.
- Florida Investor Hard Money purchase loan programs and Mortgage Loans with LTV Â to 65%Â No prepayment.
- Gift of Equity Hard Money Florida Refinances & Hard Money Florida cash out refinance Â if you have inherited a Florida property.
- No seasoning HardÂ Money Florida RefinancesÂ Programs for Florida Investors up to 50% LTV.
- Refinance your Florida loans if they or in a trust, LLC, or corporation.
- Commercial Florida HardÂ Money Loan programs for gas stations, warehouse, church, nightclub, car wash.
- Hard Money Financing for Florida International Borrowers who need to refinance and get cash out.
- Florida Hard Money Short Sale purchase Loan. Please Properties Must be approved when you call us.
- Florida Hard Money Purchase Programs for out of state borrowers.
- Purchase Mortgage Loan programs for out of state borrowers relocating to Florida.
- Florida Hard Money Loans LTV to 50%
- Florida Hard Money Cross Collateralization Loans for Hard money borrowers including Investors
- CommercialÂ Florida Hard money loansÂ for Nightclubs, Mixed Use, Self-Storage, Gas Stations, Retail Offices
- Florida Hard Money Refinance Loans to payoff Florida property taxes , collections, and IRS liens, Bankruptcies
- Hard Money Florida homebuyerÂ Mortgage programs in Florida with LTV to 70% and rates from 8.99%
FHAÂ |Â BAD CREDITÂ |Â NO CREDITÂ |Â REFINANCEÂ |Â MANUFACTUREDÂ |Â CONDOSÂ |Â LIMITS
Applying for a Bad credit Florida mortgage isn't as easy as it was a few years ago. Nevertheless, it is not impossible as most media broadcast make it appear.Â We are still providingÂ FHA home loansÂ andÂ Florida first time home buyersÂ withÂ bad creditÂ and evenÂ no credit score Florida home loansÂ with low interest rates!Â NowÂ back to your original question,"How do I get a low interest rate Florida mortgage with a bad credit history"?Â
VIEW BAD CREDIT FLORIDA HOME LOAN GUIDLINESS BETWEEN 530 - 580 FICO CLICK HERE
In order to qualify for a low interest rate with a 580 to 620 Â bad credit mortgage you must have or provide the following:
- Bad credit Florida mortgage lenders what to see minimal, preferably no 30 day late payments on your credit report in the last 12 months. Its ok if your 5, 20 or 27 days late that's ok, but not 30 days late
- In order to get a bad credit Florida home loan Florida mortgage Â lenders want to see stability for the past 12 months with minimal 30 day late payments reflected on your credit report.
- Most bad credit Florida mortgage lenders also what to verify 1) 12 months of verifiedÂ on timely rental history or 2) 3 months of mortgage payments in your account at the time of your new purchase in addition to your down payment. You must provide either 12 months of canceled checks, money orders Â or (VOR) verification of rent from a management company. (No private landlord letters).
- Bad credit Florida home loan lenders want you to have 3-6 months of future mortgage payments emergency money in your account in addition to the down payment if you cannot verify your last 12 months rental history.
- In addition to verifying rental history or having reserves in your account at closing most bad credit Florida mortgage lenders would like to see 3 trade lines on your credit on time for the past 12 months. You may also useÂ non traditional creditÂ to qualify for a bad credit Florida home loan.
- Bad credit Florida FHA home loans allow 3.5% Down Payment with a 580 FICO score. InÂ most casesÂ when you settle all collections or pay them in full your credit score will increase to at least 580.
Don't wait! Get pre approved now for one of ourÂ bad creditÂ andÂ no credit Florida home loanÂ FHA loanÂ programs today!
FHA MORTGAGE IN EVERY CITY AND
COUNTY IN FLORIDA INCLUDING: