Your home is one of the most valuable investments you can make, and with mortgage rates at historic lows, now is a great time to partner with Southwest Florida Lending LLC and finance your new home.
Your home is one of the most valuable investments you can make, and with mortgage rates at historic lows, now is a great time to partner with Southwest Florida Lending LLC and finance your new home.
You need a home loan lender who understands your financial situation as much as they understand your personal goals. And that’s where we come in.
See if you meet these basic eligibility requirements:
Work with us whatever way works for you. Connect in person, online, or over the phone. Your home mortgage consultant will be by your side throughout the home-buying process.
Compare different types of new home and refinance mortgage loan programs and their features to help you decide which product is best for you.
Looking to buy a home with as little as 3.5% down and easy qualification and credit requirements? Learn more about FHA loans and apply today!
Discover the benefits of a VA loan including VA mortgage rate information. Government-backed VA loans require no down payment or PMI insurance. Apply today.
Introduced in March 2009, HARP enables borrowers with little or no equity to refinance into more affordable mortgages without new or additional mortgage insurance.
HomePath allows you to buy homes that have previously been repossessed by Fannie Mae. It allows you to get a home with as little as 5% down and have no mortgage insurance.
Jumbo loan mortgages are a great way to buy a luxury home . Jumbo mortgages can exceed the conforming loan limit. Learn more to see if this is the right option for you.
A conventional fixed-rate mortgage guarantees a fixed interest rate and payment over the life of the loan with terms ranging in average from 10 to 30 years.
There are six distinct phases of the mortgage loan process: pre-approval, house shopping; mortgage application; loan processing; underwriting and closing. Here’s what you need to know about each step.
You must have satisfactory credit, sufficient income, and a valid Certificate of Eligibility (COE) to be eligible for a VA-guaranteed home loan.
Maximum age of applicant at loan maturity: 60 years
Minimum Net Monthly Income: Rs 15,000
Applicant should have the bank specified credit score.
Frequently Asked Questions and Answers To Your Loan Needs
Simply put, a VA Home loan allows qualified buyers the opportunity to purchase a home with no down payment. Also, there are no monthly mortgage insurance premiums to pay, limitations on buyer’s closing costs, and an appraisal that informs the buyer of the property value. For most loans on new houses, construction is inspected at appropriate stages and a one year warranty is required from the builder. VA also performs personal loan servicing and offers financial counseling to help veterans having temporary financial difficulties.
You can have previously-used entitlement “restored” one time only in order to purchase another home with a VA loan if the borrower has paid off the prior loan but still owns the property, and wants to use his entitlement to purchase a second home. This often occurs with active duty borrowers who PCS to a new station but want to keep their existing home for retirement. However, if the prior loan has been paid off and the property is no longer owned, they can have their entitlement restored as many times as they want. They can re-use their VA eligibility for every home purchase from the first to the last.
You are not eligible for VA financing solely based upon Active Duty for Training in the Reserves or National Guard.
Note: Guard and Reservists are eligible if they were “activated” under the authority of title 10 U.S. Code as was the case for the Iraq/Afghanistan.
Not necessarily. Choose a VA-approved lending institution that can handle your home loan. A lender can help you review your credit history and determine how much of a loan you can qualify for. Be aware that different lenders have different closing costs and other fees, so it pays to shop around.
Apply for a Southwest Florida Lending, LLC Loan online, All you need to do is provide your details below application form.
