Cash sales, foreign investors drive down mortgages in Florida

Community Bank of Florida recovers 97% of loan on Homestead property sale

Welcome to The associates home loan of Florida, Inc. A Mortgage Brokerage Firm & Hard Money Lender Different Than the Rest Associates is a conforming and non-conforming mortgage brokerage firm, specializing in alternative lending resources and flexible underwriting guidelines.

Stated income loans and loans that are considered "alt doc" (short for alternative documentation) are available through these lenders. Angel Oak Home Loans – Updated Jan, 2016 These programs are specifically designed to drive additional sales in today’s competitive purchase environment.

Foreign Buyers of Properties in south florida answering your Questions about buying property in South Florida as a non-U.S. citizen/foreign national. answer: property Taxes are billed Annually in the Month of November and will be estimated at approximately 2% of the amount of the purchase price for your Property.

There was also a sharp decline in all-cash deals, a sign of less activity from investors and foreign buyers. There were 3,387 single-family homes sold in the tri-county area, down 9.5 percent from the.

How Foreign Nationals Can Buy Florida Investment Real Estate March 3, 2017 By Jorge Vazquez Florida continues to rank as the top U.S. state for real estate investing by foreign investors , often by foreign nationals seeking higher profits, diversity, and more safety than is available in their home nation.

Meet the Team – American Liberty Mortgage, Inc. – Orlando, Florida

Home buying and refinance news for first time home buyers and repeat buyers — FHA, VA, USDA, Conventional, PMI, jumbo mortgage programs. HARP, FHA streamline, VA streamline, and cash out.

For a primary residence, conventional home loans require home buyers to invest at least 3% – 20% of the sales price towards down payment and closing costs. Example: If the sales price is $100,000, the home buyer must invest at least $3,000 – $20,000 down to meet.

Most non-prime lenders that offer these stated income loans will require that you have at least 12 months of mortgage payments in reserves. However, a few lenders do not have any reserve requirements if you have good credit and/or a large down payment. Are there stated income loans available for jumbo loans and super jumbo loans?

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Our investors accept all credit types. For more information on this topic, contact Florida Hard Money Network at 813-516-5210. LTV: Florida Self employed Investor loans – 65%. Non Owner Occupied Refinance Loans – 65% with low rates. Landlord loans in Florida for Refinance – 65%. Florida Blanket Loans – 65%.