Thomas Martin – Mortgage Loan Originator– Phone: 954-667-9110  – Subject to change without notice – Rev 3-13-2025

100% Florida Professionals Mortgage:

100 % financing Mortgage For Attorneys, Certified Public Accountants, Medical Professionals: Licensed Medical Residents,  Interns, Medical Doctors, Doctors of Osteopathy, Doctors of Podiatric Medicine, Doctors of Optometry, Doctors of Dental Medicine, Dental Surgeons, Orthodontists, General Dentists, Doctors of Veterinary Medicine, Chiropractors, Nurse Practitioners, Physician’s Assistants 

No Down Payment Mortgage Stipulations 

• It must be a primary Single-family home.
• The maximum back-end debt-to-income ratio is 43%. 
• Student Loans – Do Not count student loans in the debt-to-income ratio calculation.
• Lender-paid (MI) mortgage insurance is included in the pricing hand as an (MI) mortgage insurance early prepay recapture fee of -1% if paid off within 3 years. (MI) mortgage insurance payment is determined by credit and Debt to income ratio. The MI payment will be determined and included within the signed disclosures.

Credit Score Requirments:  

• 720 =100%  Financing 
• 700 = 95%  Financing 
• 680 = 90%  Financing 

Loan Terms:

• 100% Financing to $1,000,000
•  95% Financing to $1,500,000
•  90% Financing to $2,000,000

Florida Professionals Preffered: 

• Loan Type 15 & 30-Year Fixed
• Loan Amounts Up to $2 Million $500,000 to $2 Million Up to $1.5 Million
• LTVs Up to 100% Up to 80% Up to 80% / 90% CLTV
• Occupancy types Primary only Primary, 2nd Home & Investment Primary & 2nd Home
• Borrower Eligibility List of Professionals Typical Typical
• Qualifying Ratios 43% Up to 50% Up to 50%
• Minimum Credit Score 680 680 680 Primary, 700 2nd Home
• Condominiums Warrantable Warrantable – See Guidelines Non-warrantable considered
• Closing Costs Credit No No Yes – 2%
• Cash Out Refinance No Yes – Up to 50% LTV Yes – Up to 70% LTV
• Gift Funds Yes – See Guidelines Yes – Per FNMA Guidelines Yes – Per FNMA Guidelines
• Escrow Waivers Yes – See Guidelines No Yes
• ARM Indexes SOFR & 5 Yr CMT 1 Yr CMT SOFR & 5 Yr CMT
• Asset Depletion Option No Yes Non-warrantable considered
• Post Closing Liquidity N/A 12 mos. PITI – Retirement funds at 100% Per FNMA DU
• LLC’s Allowed No Yes Non-warrantable considered
• Property Types 1 Unit Only 1 Unit Only 1 Unit Only