Loan Programs

Conventional Home Loans are the most common and widely available mortgage option. For borrowers with good credit, balanced income, debt and some down payment, they are often the least complicated way to get the most flexible mortgage options.

• Fixed Rate for the life of the loan
• 10, 15, 20 and 30 year terms
• Loan Amounts up to $627,200
• Can Finance Primary, Second Homes, and Investment Properties
• Low Down Payment Options Available for Qualified Borrowers
• Available for Purchase and Refinance Transaction

The Construction Loan Program:  Building a new home is an exciting time! Once the house has been built, the new construction loan will automatically switch to permanent financing, making this as seamless as possible for one single loan transaction. Contact one of our licensed loan officers today to apply! 

The US Department of Agriculture (USDA Home Loans) provides low down payment options to qualified borrowers, at very low interest rates, and with very low mortgage insurance premiums. If you are buying a home in an Rural Development -eligible area, and meet the program requirements, this loan is perfect for you.

• For Primary Residence
• 100% Financing Available
• 10, 15, 20 and 30 year terms
• House must be in a Rural Development-eligible area.

The Department of Veterans Affairs (VA) offers financing on primary residences for Veterans. The VA Home Loan determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.

• Must be a Veteran, Active Duty Military, or member of the Reserves.
• Up to 100% Financing – No Down Payment
• No Monthly Mortgage Insurance
• Closing Costs May Be a Gift
• Available for Purchase and Refinance Transactions

 A Reverse Mortgage is a loan for those age 62 and older (Certain states allow for 55 and older) that allows homeowners to convert their home’s equity into cash with no monthly mortgage payments.

• Primary Home
• For those 62 and older (Certain states allow for 55 and older)
• No Monthly Mortgage Payments
• Receive Money Monthly
• Borrower must maintain property, pay homeowner's insurance and property taxes, and comply with loan obligations

Jumbo Loans exceed the maximum loan amounts established by conventional loan limits, currently $627,200. A Jumbo Loan is right for you if you are looking to buy a high priced or luxury home.

• Financing above Conforming Loan Limits of $627,200.
• Convenience of One Loan versus having Multiple Mortgages
• Fixed and Adjustable Rate Mortgage Options

FHA Home Loans are insured by the Federal Housing Administration (FHA), a branch of the U.S. Department of Housing and Urban Development, or HUD. FHA is often the best option for people who need a little extra flexibility when qualifying for a new home mortgage. You do NOT need to be a first time buyer - anyone who is buying a new home to use as their Primary Residence, or Second Home is eligible.

• For Primary Residence or Second Home
• A minimum of 3.5% down payment required – May be a gift!
• Seller can contribute up to 6% of borrower’s closing costs
• Flexible Mortgage Guidelines
• Available for Purchase and Refinance Transactions

The Florida Hometown Heroes Housing Program makes homeownership affordable for eligible frontline community workers such as law enforcement officers, firefighters, educators, healthcare professionals, childcare employees, and active military or veterans.

This program provides down payment and closing cost assistance to first-time, income-qualified homebuyers so they can purchase a primary residence in the community in which they work and serve. The Florida Hometown Heroes Loan Program also offers a lower first mortgage rate and additional special benefits to those who have served and continue to serve their country.  

• Eligible frontline workers can receive lower than market rates on an FHA, VA, RD, Fannie Mae or Freddie Mac first mortgage, reduced upfront fees, no origination points or discount points and down payment and closing cost assistance.
• Borrowers can receive up to 5% of the first mortgage loan amount (maximum of $25,000) in down payment and closing cost assistance.
• Down payment and closing cost assistance is available in the form of a 0%, non-amortizing, 30-year deferred second mortgage. This second mortgage becomes due and payable, in full, upon sale of the property, refinancing of the first mortgage, transfer of deed or if the homeowner no longer occupies the property as his/her primary residence. The Florida Hometown Heroes loan is not forgivable.