Did I stutter? I do mean it... there are 100% loans available both for purchase and refinance transactions.
No... I am not one of those scumbags trying to lure you into a dangerous loan! If you've read my posts at all, you know I'm definitely not about bad loans for good people.
Here's what I am about... helping people buy the home they want and need... and refinance the loan that is about to start hurting them financially...
These affordable mortgages are FHA and Fannie Mae loans - a.k.a. Government Backed. They are safe loans with only a few options.
Here are the loan features:
- Full Documentation
- Seller Concessions
- Reduced PMI
- Up to 100% financing
- 30 or 40 year Fixed Rates
- and more
So whether you are a first time homebuyer or a homeowner looking to refinance. The option is available to you to get a great rate - usually lower than you'd expect!
Call now to find out what you need to do to get in on one of these loans.
If your ARM's adjustable rate is about to reset, there's no time like the present!
If you are buying a home, there are some great deals out there with all this inventory!
For more information about 100% Mortgages in Florida read on at: Florida Mortgage | 100% Loans are Available
David A. Podgursky, MBA
TheMortgageGoToGuy.com
Your Source for Residential, Commercial, Investment and Relocation Mortgages in Florida
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David,
Your really not a bad guy here :0) and you show it, when you write a Post like this one. I know as well as you, that these loans are hard at 100%, so it's more for the Clients.
Tom Weiss
I have done several of these... there really isn't an easy loan right now... but I don't find them any harder than any other full documentation loan.
I don't mind the work on these, honestly. They're good loans for good people. They pay fairly even if the loan amounts are smaller than some of the loans that can come our way in this high priced market.
These are feel good loans... which is better pay than some of the loans you get to do
David, As always you really pass on some great info. The only problem I see is this "I am not one of those scumbags trying to lure you into a dangerous loan! Just kidding. You are very reputable person. If I was not in the business I would send you my file or my parents loans.
David, we still have five 100% finance conventional loan programs that we do, and they are not difficult to do, if the Loan Officer or Broker knows what they are doing. We are still getting these loans approved inside of two weeks at very good rates.
I would rather see a Borrower go into a 100% loan and have money for reserves in the bank, then put everything they have down to come up with a minimal downpayment and not have anything left for an emergency. A minimal downpayment in many cases will not have much of an effect on the monthly payment and the Borrower would be better served hanging on to the money.
Good job in keeping this in front of people.
David - when someone reads your posts, they would know that you are providing information benefitial for clients. I am sure that many people are not sure they can get financing, especially 100%. The borrowers have to be able to trust the LO to recommend the best financing given their objectives and finances.
Faina - thanks!
George - I agree... I don't think this is a hassle or hard at all. I actually like these because I know I'm helping people!