Home Buying in Sarasota>Question Details

bmparker21, Home Buyer in Sarasota, FL

Looking for good Mortgage rates with little down 10%? I am military and want to buy a home to move into when i retire in 8 years.

Asked by bmparker21, Sarasota, FL Thu Mar 14, 2013

I currently have a rental in WA that was financed as a primary home.
The VA wont back be because it is not a primary residence.
I did however get a VA pre-approval for 350k but im not wanting to use it because i won't be able to move into the house. Credit is well over 740, only have about 10% to put down.

Help the community by answering this question:


See program(s) #4, 5 and 6 below, then contact me to talk about how to minimize payments and reduce out of pocket costs.

1) 100% LTV- VA / (VA Jumbo @ lower ltv)
2) 100% LTV- USDA/12 mo. into Chapter 13 BK…OK Too
3) 99% LTV- FHA / (FHA to 580 score @ lower ltv)

4) 97% LTV- No monthly MI-No FHA 1.75% Fee
5) 95% LTV- CONDO
6) 90% LTV- No PMI -2nd Home
7) 90% LTV- JUMBO w/cc
8) 85% LTV- No PMI - Super Jumbo
9) 80% LTV- Invest./Rental
10) 75% LTV- Foreign Nationals

--------STATED INCOME ALT up to Super Jumbo-----------
11) 80% LTV- FIX n’ FLIP Invest. Prop.
12) 75% LTV- Foreign Nationals
13) 75% CLTV- Short Sale, BK, Foreclosure Forgiveness
14) 70% LTV- Soft and Hard Money
16) COMMERCIAL PROGRAMS-available nationwide

Go to: http://WWW.PRO-OPTION-COM or call 888-662-4404

Steve McRory
Pro Option Mortgage/ Florida

Prior Service U.S. Marine Corps
0 votes Thank Flag Link Thu Mar 14, 2013
Your in great shape there will be plenty of options here in the Sarasota area. When it comes to the money side of a deal I would introduce you to our in house mortgage person Ian McKennon call him direct 727-459-4646 CTC Lending he can help you with any questions you may have and let you know what programs are avalable. If you want me to send ytou some properties to look at contact me as well and I will put a search together for you. Hope to hear from you in the future.

Michael Beninato
RE/MAX Alliance Group
cell: 908-578-0886
email: michaelb1@remax.net
0 votes Thank Flag Link Thu Mar 14, 2013
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