Now Serving Florida - Georgia

1-954-667-9110

NO CREDIT SCORE FLORIDA MORTGAGE

FLORIDA HOME LOANS WITH NO TRADE LINES OR NO CREDIT SCORE – NO PROBLEM!

It is still very possible to get a Florida home loan with no credit score. So youprobably what to know how to I qualify for a Florida home loan with No trade lines or No Credit Score? We have listed the no trade lines and no credit score Florida mortgage guidelines below.

 

  1. Max no credit score Florida home loan ratio’s 31/43. For no credit or lack of Florida Florida loan applicants the Maximum ratio 31% means no more than 31% of gross monthly towards the newly proposed housing expense. And, 43% means no more than 43% of your no score loan applicants gross monthly income for the newly proposed housing expense +plus all other monthly payments on your credit report. This is the maximum allowable debt to income ratio for our No Credit Score Florida Home Loans.
  2. In addition, No credit score Florida home loan applicants must settle or pay all past collections in full. Note: you can settle all collections for pennies on the dollar this is the same as paying them off in full as long as the past collection shows a 0-zero balance.
  3. No credit score Florida home loan applicants must provide a minimum of  3 alt trade lines plus number #4. 3 alternate trade lines include letters from direct service providers that you have been on time for the last 12 months. Direct service providers include letters from  electric, water, cable company, cell phone ect. letters must be year to date showing timely payment history for the past 12 months.
  4. In addition to #3. No credit score Florida home loan applicants must provide either 12 months canceled checks money orders or verification of rent from a management company showing timely rental history for the past 12 months. Note: private landlord letters will not work.
  5. No credit score Florida home loan applicants must have a down payment 3.5% plus 2 months of future payments in the bank at closing.

Apply Now or fill out our Quick Application right now to get experienced No-Credit Score Florida mortgage lender to answer all your questions.

NO CREDIT SCORE FLORIDA HOME LOAN VIDEO CLICK HERE.

CLICK START NOW TO GET PRE APPROVED TODAY!

FHA LOAN APPLICATION

About Us

We are US Mortgage Lenders. Major real estate brokerages regularly entrust their clients to our team due to our reputation for transparency, delivering on time, customer satisfaction and loyalty. With five-star customer reviews on Zillow.com and counting, you're assured of having the backing of an experienced team.
zillow-lenders

Map

Click to open a larger map