www.Florida-Mortgage-Lenders.com 
All Information is subject to change without notice.

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911loan@gmail.com

 
1399173
"Thomas went above and beyond to get our mortgage approved. We had a couple of "hiccups" with our VA financing and Thomas was able to get them resolved ... more "
5.0/5.0
by lbaze2008
1375949
"I was hesitant to utilize someone from the internet to obtain my home loan. I even let my real estate agent talk me into going with someone local ... more "
5.0/5.0
by rmac333
1345066
"Thomas martin was a great help with our mortgage . it was a stressful time in our life , but Thomas remained calm through out the whole process which ... more "
5.0/5.0
by zuser20140303145114251

CREDIT REQUIREMENTS Mobile top

FHA MORTGAGE

550 MIN FICO

PORTFOLIO MORTGAGE

NO MINIMUM

VA MORTGAGE

550 MIN FICO SCORE 

USDA LOANS

580 MIN FICO SCORE 

FANNIE MAE.

620 MIN FICO SCORE 

FREDDIE MAC

620 MIN FICO SCORE 

CALL NOW!

954-667-9110

Apply Now!


  • Florida Down Payment Assistance Mortgage Lenders
  • The 100% NO money down Florida mortgage loan program is designed to increase home ownership opportunities
    for Florida individuals and families. DAP funds available, 3% up to 6% of the first mortgage loan amount. This 100% NO money down Florida mortgage loan program is a purchase money first lien mortgage with Down Payment Assistance is in the form of a soft second lien or a 2nd mortgage with a 5-year term, forgiven at month 61, as a 0% interest second lien. This 100% NO money down Florida mortgage loan program requires you to remain current on their first mortgage for the second mortgage to be forgiven.
  • 100% Florida Down Payment Assistance Mortgage Lenders
  • No requirement to  be a first time home buyer.
  • Must have a minimum 640 credit score.
  •  Must have Max Debt to income of 45%.
  • Must meet Income Limits (up to 140% AMI)
  • First lien is a 30-year fixed term with full amortization
  • 203(b) in accordance with FHA guidelines
  • Primary residence 1-4 units single family is allowed.
  • DAP funds available, 3% to 6% of the first mortgage loan amount. 
  • What if I live rent free? Yes (If Borrower does not have current housing history, then 3
    months reserves (PITIA) are required)
  • Sellers must agree to pay 6% closing cost. 
  •  
  • 100% NO MONEY DOWN FLORIDA MORTGAGE LENDERS KEY POINTS
  • Min 640 credit score is required for no money down mortgage lenders.
  • Must DU approved - Computer must approve you for no money down Florida mortgage lenders.
  • Min 640 - 659 max Debt to Income Maximum 45% for housing plus all other payments on your credit report.
  • NO late payments- Requires VOR or verification of rent history for most recent 12 months.
  • Cannot payoff debt to qualify after we pull your credit. Better to pay down debts first before applying for no money down Florida mortgage lenders.
  • No Delinquent taxes -  Taxes must be current .
  • NO NSF in the last 12 months with possible 1 exception.
  • Income limits apply based on county for no money down Florida mortgage lenders.
  • Sellers must agree to pay 6% closing cost. 
  • 100% NO MONEY DOWN FLORIDA MORTGAGE LENDERS MAXIMUM INCOME BY COUNTY
  •  FLORIDA DOWN PAYMENT ASSISTANCE MORTGAGE PROGRAMS

FL

Florida

Alachua

Gainesville

$97,720

FL

Florida

Baker

Jacksonville

$100,240

FL

Florida

Bay

Panama City

$100,800

FL

Florida

Bradford

Non-Metro

$83,300

FL

Florida

Brevard

Palm Bay-Melbourne-Titusville

$96,880

FL

Florida

Broward

Miami-Fort Lauderdale-West Palm Beach

$104,720

FL

Florida

Calhoun

Non-Metro

$67,060

FL

Florida

Charlotte

Punta Gorda

$89,740

FL

Florida

Citrus

Homosassa Springs

$78,260

FL

Florida

Clay

Jacksonville

$105,000

FL

Florida

Collier

Naples-Immokalee-Marco Island

$115,220

FL

Florida

Columbia

Lake City

$77,280

FL

Florida

Desoto

Arcadia

$59,780

FL

Florida

Dixie

Non-Metro

$62,440

FL

Florida

Duval

Jacksonville

$105,000

FL

Florida

Escambia

Pensacola-Ferry Pass-Brent

$92,260

FL

Florida

Flagler

Deltona-Daytona Beach-Ormond Beach

$91,840

FL

Florida

Franklin

Non-Metro

$77,560

FL

Florida

Gadsden

Tallahassee

$101,780

FL

Florida

Gilchrist

Gainesville

$97,720

FL

Florida

Glades

Non-Metro

$64,260

FL

Florida

Gulf

Panama City

$83,020

FL

Florida

Hamilton

Non-Metro

$62,440

FL

Florida

Hardee

Wauchula

$68,600

FL

Florida

Hendry

Clewiston

$66,360

FL

Florida

Hernando

Tampa-St. Petersburg-Clearwater

$96,880

FL

Florida

Highlands

Sebring

$69,440

FL

Florida

Hillsborough

Tampa-St. Petersburg-Clearwater

$96,880

FL

Florida

Holmes

Non-Metro

$72,240

FL

Florida

Indian River

Sebastian-Vero Beach

$97,440

FL

Florida

Jackson

Non-Metro

$71,400

FL

Florida

Jefferson

Tallahassee

$101,780

FL

Florida

Lafayette

Non-Metro

$84,140

FL

Florida

Lake

Orlando-Kissimmee-Sanford

$95,340

FL

Florida

Lee

Cape Coral-Fort Myers

$96,180

FL

Florida

Leon

Tallahassee

$101,780

FL

Florida

Levy

Non-Metro

$66,500

FL

Florida

Liberty

Non-Metro

$62,300

FL

Florida

Madison

Non-Metro

$61,600

FL

Florida

Manatee

North Port-Sarasota-Bradenton

$107,380

FL

Florida

Marion

Ocala

$77,000

FL

Florida

Martin

Port St. Lucie

$94,500

FL

Florida

Miami-Dade

Miami-Fort Lauderdale-West Palm Beach

$82,740

FL

Florida

Monroe

Key West

$113,960

FL

Florida

Nassau

Jacksonville

$105,000

FL

Florida

Okaloosa

Crestview-Fort Walton Beach-Destin

$114,240

FL

Florida

Okeechobee

Okeechobee

$67,900

FL

Florida

Orange

Orlando-Kissimmee-Sanford

$95,340

FL

Florida

Osceola

Orlando-Kissimmee-Sanford

$95,340

FL

Florida

Palm Beach

Miami-Fort Lauderdale-West Palm Beach

$110,740

FL

Florida

Pasco

Tampa-St. Petersburg-Clearwater

$96,880

FL

Florida

Pinellas

Tampa-St. Petersburg-Clearwater

$96,880

FL

Florida

Polk

Lakeland-Winter Haven

$82,320

FL

Florida

Putnam

Palatka

$58,240

FL

Florida

Santa Rosa

Pensacola-Ferry Pass-Brent

$92,260

FL

Florida

Sarasota

North Port-Sarasota-Bradenton

$107,380

FL

Florida

Seminole

Orlando-Kissimmee-Sanford

$95,340

FL

Florida

St. Johns

Jacksonville

$105,000

FL

Florida

St. Lucie

Port St. Lucie

$94,500

FL

Florida

Sumter

The Villages

$94,500

FL

Florida

Suwannee

Non-Metro

$72,380

FL

Florida

Taylor

Non-Metro

$68,740

FL

Florida

Union

Non-Metro

$69,580

FL

Florida

Volusia

Deltona-Daytona Beach-Ormond Beach

$90,860

FL

Florida

Wakulla

Tallahassee

$98,000

FL

Florida

Walton

Crestview-Fort Walton Beach-Destin

$92,820

FL

Florida

Washington

Non-Metro

$70,980

  •  
  •  PLEASE CHECK INCOME LIMITATIONS BEFORE PROCEEDING
  • 1. NSF/ NO Overdrafts – Please carefully with overdrafts we need your most recent two months bank statements taking particular note of any YEAR TO DATE charges as well as current balance history. Borrower with overdrawn accounts (negative balance at any time), excessive NSF's and/or overdraft charges will not be eligible.
  • o One (1) NSF is acceptable.
  • 2. Paying off debt to qualify is not allowed. Pay off debt before we pull your credit.
  • 3. Non-occupant co-borrowers are not allowed.
  • 4. Payment plans for collections and/or IRS tax liabilities are not allowed.
  • 5. Collections with aggregate total over $2500 must be paid in full.
  • 6. Borrowers may not have ownership interest in any other real estate at the time of closing. This includes any ownership interest held by a non-borrowing spouse (an exception can be considered for a borrower who owns property in another state with a 12 month history of rental). Multiple rental properties are not acceptable (regardless of location).
  • 7. Max ratio: o FICO 640-659 eligible for 3% up to 5% DAP.
    ▪ Max DTI: 45% o FICO 660+ eligible for 3% up to 6% DAP.
    ▪ Max DTI per AUS approval.
  • 8. Full IRS transcripts are required (2 years). W2 only not allowed.
  • 9. VOR = VERIFICATION OF RENTAL HISTORY is required, must be supported by 12 months cancelled checks or withdraws from bank statement and landlord confirmation of receipt. If borrower does not have current housing history, then 3 months reserves (PITIA) are required.
  • 10. Please refer to complete program guidelines for additional information. 100% no money down Florida mortgage lenders does have overlays that may differ from AUS findings.
  • 100% FLORIDA DOWN PAYMENT ASSISTANCE AND CLOSING COST ELIGIBILITY 

    All HUD agency guidelines apply.

    • Standard FHA 100% Florida Mortgage lenders LTV amounts apply

    • MCC’s (Section 8) is ineligible

    • Homebuyer Education is required. Florida 100% financing no money down mortgage lenders will accept any valid certificate completed within the last year by at least one borrower who will be on the loan.

    • MGIC Homebuyer Education (https://homebuyers.mgic.com) or similar course developed by a mortgage insurance company, OR

    • Course developed by HUD-approved counseling agencies. HUD Approved Florida 100% financing First Time Buyer Course.

    MORTGAGE LOAN TYPES AND TERMS

  • Loan Types:

    • FHA; in accordance with FHA guidelines.

    Loan Term:

    • 30-year fixed term with full amortization. Loan Amount:

    • Conforming FHA loan limits apply as applicable to geographic location.

    Max LTV/CLTV:

    • Follow FHA agency Florida 100% no money down guidelines.

    No Buy-downs are allowed PAR priced program, no premium or discounts allowed Interest rates on the 1st mortgage loan vary based on the assistance selected. 

    This home loan program is a purchase money first lien mortgage with down payment assistance in the form of a subordinate soft second lien with a 0.00% interest rate, as a 5-year term, forgiven at the end of the 5-year* term. Borrower(s) must remain current on their first mortgage for the second mortgage to be forgiven. * In the case of a refinance, soft second must be paid in full – no subordination allowed.

  •  
  •  

Apply Now

Questions

911loan@gmail.com

 
1399173
"Thomas went above and beyond to get our mortgage approved. We had a couple of "hiccups" with our VA financing and Thomas was able to get them resolved ... more "
5.0/5.0
by lbaze2008
1375949
"I was hesitant to utilize someone from the internet to obtain my home loan. I even let my real estate agent talk me into going with someone local ... more "
by rmac333
1345066
"Thomas martin was a great help with our mortgage . it was a stressful time in our life , but Thomas remained calm through out the whole process which ... more "
5.0/5.0
by zuser20140303145114251

MINIMUM CREDIT SCORE

PORTFOLIO MORTGAGE

NO MIN FICO SCORE 

NO TAX RETURN PROGRAMS

550 MIN FICO

FHA/VA MORTGAGE

500 MIN FICO

CONVENTIONAL

620 MIN FICO

CALL NOW!

954-667-9110

Apply Now!

All Information Subject To Change Without Notice and should not be relied on for decision making.