Home Loan Products and Services We Provide
Are you in need of an experienced mortgage loan broker? Turn to none other than Southeast Florida Residential Mortgage Corp.
FHA Loans
An FHA loan is a mortgage loan insured by the Federal Housing Administration (FHA) and offered by FHA-approved lenders. The FHA loan program was created to make homeownership more accessible to individuals who do not qualify for conventional mortgages. These include buyers with limited or no credit history.
Conventional Loans
These are privately held mortgage loans with a variety of down payment options: 3%, 5%, 10%, and 20% of the entire home purchase. Mortgage loans with lower than 20% down payment will require private mortgage insurance (PMI).
VA Loan
A VA loan is a loan option guaranteed by the U.S. Department of Veteran Affairs, It is available to all U.S. veterans. VA loans provide eligible borrowers with 100% financing.
Reverse Mortgage
This loan is exclusively for people more than 62 years of age. It is designed to remove the principal and interest of the mortgage so that seniors can maintain their homes. The person who takes out this loan is then responsible for paying property taxes and insurance.
Non-QM
Non-qualified mortgage (non-QM) loans are ideal for borrowers that cannot get approved for conventional or government-insured mortgages. Our team can help you with the following types of non-QM loan programs:
- 12 to 24 Months of Bank Statements
- 2 Days Out of Bankruptcy (BK)
- 1 Day Out of Foreclosure (FC)