You need to avoid that Clown Car Full of Horrors trying find a Construction Loan in FL here in 2013 and go find a good resale of foreclosure....BEFORE they go up the 6% predicted this year!
I opened my email this morning to find 5 borrower (since just last night) from north FL to Miami asking me for help getting them approved to purchase.
Prices are jumping back up in Florida !! Review the below programs and call me after 1:00 today
1) 100% LTV- USDA/12 mo. into Chapter 13 BK is OK
2) 100% LTV- VA/can pay off debts on purchases too
3) 99% LTV-FHA
4) 96.5% LTV-FHA
5) 97% LTV- No PMI/MI (avoids 1.75% FHA FEE)
6) 95% LTV- No PMI
7) 95% LTV- CONDO purchase
8) 90% LTV- No PMI-2nd Home
9) 90% LTV- JUMBO w/cc
10) 85% LTV- NO PMI Super Jumbo
11) 80% LTV- Invest. Prop.
STATED INCOME ALT loan programs: http://www.StatedIncomeAlt.com
12) 80% LTV- FIX nâ€™ FLIP Invest. Prop.
13) 80% LTV- NEW- Stated Income Alt
14) 75% LTV- NEW- Foreign Nationals- Stated Income Alt
15) 75% CLTV-NEW- after Short Sale, BK or Foreclosure
16) 70% LTV- Soft and Hard Money -Stated Income Alt
17) 60% LOT/VACANT LAND LOANS (by case basis)
18) COMMERCIAL PROGRAMS (many programs available nationwide)
Pro Option Mortgage/Florida
Ph: 888 662 4404
Prior Service U.S. Marine Corps