Investment Home Mortgage Loan

90% LTV Financing

Florida Mortgage Corporation offers a unique loan program - 10% down payment that is ideal for investors buying a home anywhere in the USA. Foreign Nationals, Non-US citizens and US citizens are eligible. Most types of properties are eligible including Condos, Condo Hotels, non-warrantable condos, SFR, etc.

MORTGAGE PROGRAM AVAILABLE NATIONWIDE - ALL 50 STATES

This loan program is ideal for self-employed borrowers NOT able to verify their income or employment. NO tax returns, NO W-2's, NO paycheck stubs and NO verification of employment. Self-employed a short time, no problem. Salaried and retired borrowers are also eligible.

Not yet found a home? No Problem. With a completed mortgage application, you will receive a "LETTER" of pre-approval and go shopping for a home. It's a loan waiting for you!

90% LTV To One Million Dollars Loan Amount (10% Down Payment)

80% LTV OVER One Million Dollar Loan Amount CALL TODAY - TOLL FREE 1-888-825-6300

    Stated Income   (NOT Verified)

    Stated Employment   (NOT Verified)

    Seller Can Pay All Fees And Closing Costs

    Investment Property or Second Home

    NO Pre-Payment Penalty

    Foreign National Acceptable

    Construction Loan Available    (Stated Income)

    NO Mortgage Insurance  (MI)

    Condo Hotels & Condo Conversions & Non-Warrantable Condos Acceptable

    Minimum:  $100,000 Loan Amount

    Lender Fees Can Be Financed Into the Loan

    1-4 Unit Residential Home   (Duplex, etc)

    Most Properties Are Eligible

    Seller Participation  -  2nd Mortgage

    Liquid Assets Verified  (Bank Deposits)

    Corporation - LLC  Allowed

    Cash Reserves  =  Six Months "Liquid" Required

    Minimum Credit Score  =  680

    Available Nationwide  -  50 States

PAYMENT EXAMPLE

LOAN AMOUNT	MONTHLY PAYMENT
$ 100,000	$ 625
$ 200,000	$ 1,250
$ 300,000	$ 1,875
$ 400,000	$ 2,500
$ 500,000	$ 3,125
$ 600,000	$ 3,750
$ 700,000	$ 4,375

Real estate taxes and hazard insurance should be added. 90% LTV financing up to $1,000,000 loan amount. 80% LTV financing up to $3,000,000 loan amount. 7.50% "Interest Only".

 