As a FL Mortgage Broker who gets loans funded all over the Florida, I can tell you that real estate prices in S FL are going up faster than anywhere else in FL, so this can be a sign of how well the economy is doing down in S FL.
But unlike the gentle rolling hills of Ocala with horses, kind and courteous people, it's is a ...DOG EAT DOG... type arena down there and a lot different than up here in the Tampa/Ocala area!
If you're going to step into that world down there, you had better be prepared to be a tough, thick skinned negotiator as you'll be up against a bunch of shrewd New Yorker/ New Jersey/ South Philly type who play a lot rougher than you may be used to up here in La La Land! lol
I advertise in S FL and most of my business is in PBC, Broward and Date. I know how it is down there, so make sure you don't go into battle riding a crippled donkey, swinging a butter knife! If purchasing down there, make sure you get Pre Approved in advance...and then be ready to rumble!
97% LTV- NO PMI
97% LTV- CONDO- NO PMI
90% LTV- 2nd Home- NO PMI
90% LTV- JUMBO- NO PMI
85% LTV- Super Jumbo- NO PMI
85% LTV- Invest. /Rental
80% LTV- Foreign Nationals
70% LTV- Manf. Homes over 90k
STATED INCOME ALT-up to Super Jumbo
90% LTV- Short Sale, BK, Foreclosure Forgiveness
80% LTV- FIX nâ€™ FLIP Invest. Prop.
75% LTV- Foreign Nationals
70% LTV- Soft and Hard Money
Pro Option Mortgage/ Florida
Ph: 888 662 4404
Prior Service: U.S. MARINE CORPS