Mortgage Loan Programs - Florida Mortgage Bank

Mortgage Loan Program Options

Whether it be VA, FHA, USDA, Conventional, or a reverse mortgage we can help you with your purchase or refinance. Learn more about each loan program below.

Let us help you choose the best loan program for you!

Choosing among the various mortgage loan programs can be confusing, but choosing correctly is crucial to the success and satisfaction of your home mortgage. There are many options to choose from and many ways to structure your mortgage loan program. From $0 down to second homes, investment properties and Jumbo loans, we offer a wide variety of programs to choose from. Working with a mortgage advisor will help you determine which mortgage loan program fits your needs the best. Your credit, available sourced and seasoned fundsĀ for down payment, and debt to income ratios can all play a factor. We’ve provided the summaries below to learn more about each program so you can discuss which mortgage loan program you like best with your mortgage advisor.

Mortgage Loan Programs

Conventional Financing

Buy a home with conventional financing from as little as 3% down on your primary residence, 10% down for a second home, and 20% down for an investment property.

USDA Financing

Buy with $0 down using the USDA rural development mortgage. This a great loan program for first time home buyers, geographic and income limitations do apply.

Reverse Mortgages

The reverse mortgage refinance or the reverse mortgage for purchase is a great option for seniors over 62! They are growing in popularity every year.

FHA Financing

Buy with as little as 3.5% down and with a score as low asĀ 600. Additionally the seller can pay all your closing costs. Great for first time buyers who don’t want any geographic limitations to their purchase.

VA Financing

Have you served in the military? Use your VA benefit and buy with $0 down anywhere. Its an amazing option for those who qualify.

Refinance Your Mortgage

Lowering your interest rate could save your thousands of dollars over the life of your loan! Special HARP, FHA, VA, and USDA refinance programs are still available!

Manufactured Home Loan

We can help you finance a manufactured home through VA, FHA, or conventional financing. Second homes are allowed. With as little as 5% down for a primary residence with conventional or 3.5% down with FHA. VA is still $0 down for veterans.

Construction Loans

We can help you finance the home of your choice, through FHA, VA, USDA, or conventional financing. We have an excellent one time close product that you can use with a lot you already own or want to purchase.

Self Employed Mortgage Programs

If you are self employed then you need to know your options. It could be possible to use 1 year of tax returns or your bank statements to calculate your income. Let us help you navigate through your choices.

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