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

preview

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 "
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!

Jumbo Florida NO Tax Return Mortgage Lenders 
Primary -1 - 4 Units, Condos, Condotels, Jumbo, FL NO Tax Return Mortgage Lenders


Income Documentation Select Bank Statement or 1099
Available Products
-30 year fixed
-15 year fixed
Adjustment Caps, Margins
and Interest Rate Floors
Interest Only and
Amortization Options 5/1 ARM: 10 Year Interest Only or 30 Year Self-amortizing.
7/1 ARM: 10 Year Interest Only or 30 Year Self-amortizing.
30 Year Fixed: 30 Year Self-amortizing (interest only not available).
15 Year Fixed: 15 Year Self-amortizing (interest only not available).

Self-amortizing loans are for 30-year terms, except 15 year fixed which is for a 15-year term. Interest only loans are for 40-year terms (after the
10-year Interest Only period the loan must amortize over the remaining 30
years). Interest only not available in Illinois.

Citizenship / Visa Citizens / US persons only, no foreigners
Allowable Loan to Value (Florida No Tax Return, Jumbo, Condo, Condotel, LTV), Maximum Loan Amounts Primary Residence – 1 - 4 Unit, Condos, and Condotels

Interest Only limited to 80% Florida No Tax Return, Jumbo, Condo, Condotel, LTV, 2 – 4-unit properties limited to
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV, Condotel loans limited to 65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV

12 Month Bank Statements limited to 80% Florida No Tax Return, Jumbo, Condo, Condotel, LTV

Purchase / Rate & Term Refinance:

740 minimum Credit Score:
90% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000

720 minimum Credit Score:
85% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $4,000,000

700 minimum Credit Score:
85% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $4,000,000

680 minimum Credit Score:
85% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000

660 minimum Credit Score:
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
Cash Out Refinance:

740 minimum Credit Score
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

700 minimum Credit Score:
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
55% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

680 minimum Credit Score:
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,000,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000

Second Home – 1 - 2 Unit, Condos, and Condotels

Condotel loans limited to 65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV
Purchase / Rate & Term Refinance:

720 minimum Credit Score:
80% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $4,000,000

700 minimum Credit Score:
80% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $4,000,000

680 minimum Credit Score:
80% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000

660 minimum Credit Score:
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000

Cash Out Refinance:

740 minimum Credit Score:
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,000,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000

700 minimum Credit Score:
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
55% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

680 minimum Credit Score:
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,000,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000

Investment / Business Purpose – 1 - 4 Unit, Condos, and Condotels

Condotel loans limited to 65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV

Purchase / Rate & Term Refinance:

720 minimum Credit Score:
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
55% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

700 minimum Credit Score:
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
55% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
50% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

680 minimum Credit Score:

75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
50% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000

Cash Out Refinance:

720 minimum Credit Score:
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
55% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

700 minimum Credit Score:
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000

680 minimum Credit Score:
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,000,000

Minimum Loan Amount For Florida No Tax Return, Jumbo, Condo, Condotel, LTVs <90%, minimum loan amount is $100,000
amount is $200,000
Minimum Credit Score 660; except in New York which is 680
Maximum DTI Ratio 50% DTI
Eligible Property Types 1 – 4 units, warrantable and non-warrantable condos, condotels

Permissible Occupancy Primary Residence, second homes and investment / business purpose
properties (For investment / business purpose Borrowers must sign a business use affidavit)

Required Reserves

Loan Amount Reserves

< $2,000,000 6 months PITIA

> $2,000,000 12 months PITIA


If (i) the Borrowers own one or more investment properties which are not the Subject Property, and (ii) the Subject Property is a primary residence or second home, then required reserves must be increased by one month of the PITIA for the Subject Property for each mortgaged investment property owned by any of the Borrowers. If (i) the Borrowers own one or more investment properties which are not the Subject Property, and (ii) the Subject Property is an investment property, then required reserves must be increased by two months of the PITIA for the Subject Property for each mortgaged investment property owned by any of the Borrowers.

For cash out refinances, Borrower must have the first 3 months PITIA reserves of their own eligible funds, not including the cash out proceeds available to the Borrower, then the loan proceeds disbursed to the Borrower may be used to meet the remaining reserve requirements.

Eligible States All 50 States and DC (territories not permitted); Wholesale verify currently
licensed states

Gifts Gifts permitted and must conform to all Fannie Mae gift requirements
(except that Fannie requirements are modified to permit gifts for investor occupancy); For gifts of equity, Florida No Tax Return, Jumbo, Condo, Condotel, LTV must be reduced by 5%
Income Documentation Please refer to Section 6 of the Sales Guide

Credit History No foreclosure, bankruptcy, deed in lieu or short sale permitted in the past
24 months. If foreclosure, bankruptcy, deed in lieu or short sale between
24 and 48 months, then max 65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV and reserves increased by 6 months.

Mortgage and Rental History For Florida No Tax Return, Jumbo, Condo, Condotel, LTV’s < 90% Maximum 1 x 30 x 12 with 0 x 30 in the last 6 months
from Note Date
For Florida No Tax Return, Jumbo, Condo, Condotel, LTV’s > 90% Florida No Tax Return, Jumbo, Condo, Condotel, LTV Maximum 0 x 30 x 12 from Note Date
Forbearance Refer to Section 5.5.2, Section 5.6 and Section 5.8 of the Sale Guide


Subordinate Financing Subordinate financing permitted provided (1) CFlorida No Tax Return, Jumbo, Condo, Condotel, LTV does not exceed the
applicable Florida No Tax Return, Jumbo, Condo, Condotel, LTV limits, (2) that the debt service on subordinate financing is
included in the DTI calculation, and (3) that the terms of the subordinate financing conform to Fannie Mae requirements.

Appraisal Requirements Loan Amounts < $1,500,000 - 1 Full Appraisal + CDA or ARR
Loan Amounts > $1,500,000 - 2 Full Appraisals + CDA or ARR
Escrows Refer to Section 14.2 Escrow Accounts

 

 

Jumbo Florida NO Tax Return Mortgage Lenders
Income Documentation Select Bank Statement or 1099
Available Products, 5/1 ARM - Caps 2% initial, 2% each year and 5% lifetime
7/1 ARM - Caps 2% initial, 2% each year and 5% lifetime
30 year fixed
15 year fixed
Adjustment Caps, Margins
and Interest Rate Floors
Interest Only and
Amortization Options 5/1 ARM: 10 Year Interest Only or 30 Year Self-amortizing.
7/1 ARM: 10 Year Interest Only or 30 Year Self-amortizing.
30 Year Fixed: 30 Year Self-amortizing (interest only not available).
15 Year Fixed: 15 Year Self-amortizing (interest only not available).

Self-amortizing loans are for 30-year terms, except 15 year fixed which is for a 15-year term. Interest only loans are for 40-year terms (after the
10-year Interest Only period the loan must amortize over the remaining 30
years). Interest only not available in Illinois.

Citizenship / Visa Citizens / US persons only, no foreigners
Allowable Loan to Value (Florida No Tax Return, Jumbo, Condo, Condotel, LTV), Maximum Loan Amounts Primary Residence – 1 - 4 Unit, Condos, and Condotels

Interest Only limited to 80% Florida No Tax Return, Jumbo, Condo, Condotel, LTV, 2 – 4-unit properties limited to
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV, Condotel loans limited to 65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV

12 Month Bank Statements limited to 80% Florida No Tax Return, Jumbo, Condo, Condotel, LTV

Purchase / Rate & Term Refinance:

740 minimum Credit Score:
90% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000

720 minimum Credit Score:
85% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $4,000,000

700 minimum Credit Score:
85% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $4,000,000

680 minimum Credit Score:
85% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000

660 minimum Credit Score:
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
Cash Out Refinance:

740 minimum Credit Score
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

700 minimum Credit Score:
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
55% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

680 minimum Credit Score:
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,000,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000

Second Home – 1 - 2 Unit, Condos, and Condotels

Condotel loans limited to 65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV
Purchase / Rate & Term Refinance:

720 minimum Credit Score:
80% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $4,000,000

700 minimum Credit Score:
80% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $4,000,000

680 minimum Credit Score:
80% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000

660 minimum Credit Score:
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000

Cash Out Refinance:

740 minimum Credit Score:
70% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,000,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000

700 minimum Credit Score:
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
55% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

680 minimum Credit Score:
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,000,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000

Investment / Business Purpose – 1 - 4 Unit, Condos, and Condotels

Condotel loans limited to 65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV

Purchase / Rate & Term Refinance:

720 minimum Credit Score:
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
55% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

700 minimum Credit Score:
75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
55% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,500,000
50% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

680 minimum Credit Score:

75% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
50% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000

Cash Out Refinance:

720 minimum Credit Score:
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000
55% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $3,000,000

700 minimum Credit Score:
65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,500,000
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $2,000,000

680 minimum Credit Score Florida No Tax Return, Jumbo, Condo, Condotel,:
60% Florida No Tax Return, Jumbo, Condo, Condotel, LTV to $1,000,000

Minimum Loan Amount For Florida No Tax Return, Jumbo, Condo, Condotel, LTVs <90%, minimum loan amount is $100,000
amount is $200,000
Minimum Credit Score 660; except in New York which is 680
Maximum DTI Ratio 50% DTI
Eligible Property Types 1 – 4 units, warrantable and non-warrantable condos, condotels

Permissible Occupancy Primary Residence, second homes and investment / business purpose
properties (For investment / business purpose Borrowers must sign a business use affidavit)

Required Reserves

Loan Amount Reserves

< $2,000,000 6 months PITIA Florida No Tax Return, Jumbo, Condo, Condotel,

> $2,000,000 12 months PITIA Florida No Tax Return, Jumbo, Condo, Condotel,


If (i) the Borrowers own one or more investment properties which are not the Subject Property, and (ii) the Subject Property is a primary residence or second home, then required reserves must be increased by one month of the PITIA for the Subject Property for each mortgaged investment property owned by any of the Borrowers. If (i) the Borrowers own one or more investment properties which are not the Subject Property, and (ii) the Subject Property is an investment property, then required reserves must be increased by two months of the PITIA for the Subject Property for each mortgaged investment property owned by any of the Borrowers.

For cash out refinances, Borrower must have the first 3 months PITIA reserves of their own eligible funds, not including the cash out proceeds available to the Borrower, then the loan proceeds disbursed to the Borrower may be used to meet the remaining reserve requirements.

Eligible States All 50 States and DC (territories not permitted); Wholesale verify currently
licensed states

Gifts Gifts permitted and must conform to all Fannie Mae gift requirements
(except that Fannie requirements are modified to permit gifts for investor occupancy); For gifts of equity, Florida No Tax Return, Jumbo, Condo, Condotel, LTV must be reduced by 5%
Income Documentation Please refer to Section 6 of the Sales Guide

Credit History No foreclosure, bankruptcy, deed in lieu or short sale permitted in the past
24 months. If foreclosure, bankruptcy, deed in lieu or short sale between
24 and 48 months, then max 65% Florida No Tax Return, Jumbo, Condo, Condotel, LTV and reserves increased by 6 months.

Mortgage and Rental History For Florida No Tax Return, Jumbo, Condo, Condotel, LTV’s < 90% Maximum 1 x 30 x 12 with 0 x 30 in the last 6 months
from Note Date
For Florida No Tax Return, Jumbo, Condo, Condotel, LTV’s > 90% Florida No Tax Return, Jumbo, Condo, Condotel, LTV Maximum 0 x 30 x 12 from Note Date
Forbearance Refer to Section 5.5.2, Section 5.6 and Section 5.8 of the Sale Guide


Subordinate Financing Subordinate financing permitted provided (1) CFlorida No Tax Return, Jumbo, Condo, Condotel, LTV does not exceed the
applicable Florida No Tax Return, Jumbo, Condo, Condotel, LTV limits, (2) that the debt service on subordinate financing is
included in the DTI calculation, and (3) that the terms of the subordinate financing conform to Fannie Mae requirements.

Appraisal Requirements Loan Amounts < $1,500,000 - 1 Full Appraisal + CDA or ARR
Loan Amounts > $1,500,000 - 2 Full Appraisals + CDA or ARR
Escrows Refer to Section 14.2 Escrow Accounts

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.