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APPRAISED VALUE
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Florida Mortgage Corporation offers a construction mortgage program with up to 95% financing of the APPRAISED VALUE and NO SEASONING. This unique construction mortgage program allows you to come to closing with LITTLE or NO MONEY. Closing costs, interest reserves, and contingency reserves may be included in this program's maximum allowable LTV or appraised value. As an option, a 1% start payment rate is available to keep to keep the monthly payments to a minimum. Contact us for details.
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