Florida mortgage & Home Loan is pleased to introduce unique Florida investor loan programs that target the special needs and requirements for the serious Florida real estate investor. Our Florida real estate investor loan products offer great flexibility and business friendly features:
• We allow more than 10 Florida investor loans – We finance up to 20 Florida investor property loans in Florida.
• Cash out on existing Florida investment properties- more than 10 up to 20!
• Purchase new Florida properties with multiple income and documentation options.
• Flexible  debt to income ratios (“assets can now be used for income” option)
• Purchase Florida investment properties with deferred maintenance and repairs
• Florida investor loans up to $650,000 per property
• Income sources include rental, W2 and self-employment
• Minimum FICO scores down to 640
• Non-warrantable condos okay
• Self-employed borrowers OK!
• Seller concessions up to 6% to cover your closing cost
• We also lncome alternative to hard money lenders and conventional financing
• Competitive fixed and adjustable interest rates
More Information about Florida Investor Loans
In today’s Florida real estate market provides Florida real estate investors with a unique opportunity to buy a property at an attractive price and enjoy extraordinary returns on the Florida investment real estate. Low-priced distressed or investor-owned Florida real estate can provide investors even greater bargains, and an ample supply of these Florida homes has encouraged many Florida real estate investors to purchase and rehabilitate foreclosures around Florida.
However, the Florida real estate market is not without its difficulties, particularly when it comes to securing Florida investor loans. As Florida mortgage company that funds Florida Investors loans we look for investor’s strong history of investment success, significant cash reserves and a solid credit picture.
At Florida Mortgage and Home Loan, we work with Florida real estate investors to arrange the most affordable and flexible investor loans. With a broader selection of real estate investor loans and the flexible terms that make these Florida investor loans more attractive to more borrowers, Florida Mortgage And Loan has the tools to help Florida  investors achieve the investor loans they need for a successful investment.
The challenges of traditional financing
Florida real estate Investors have recognized that today’s Florida foreclosure market is a prime opportunity to turn these distressed and Florida investor-owned real estate into successful, burgeoning multifamily homes. At the same time, many of these Florida real estate investors have encountered difficulties when applying for Florida investor loans.
 A Business Purpose loan is a loan made specifically for a Business Purposes and not a Consumer Purposes. Business Purpose loans are not subject to ability to repay requirements. Business Purpose loans are typically made to seasoned Real Estate investors who use Non-Owner Occupied Residential properties (up to 4 Units) for collateral. Business Purpose loans are qualified on the Rents (cash Flow) of the property considering the property’s Debt Coverage Ratio or DCR.
Typically, the mortgage payment on the property will be covered by the projected rent received (DCR=1.00)








 Stated Residential Investor Mortgage Lenders For – 1- 4 Family Homes

Program Highlights

  • Business Purpose Loans and not subject to ability to repay laws.
  • 100% of Rest utilized in DCR computation
  • Credit Scores down to 600
  • Can close in name of LLC
  • Loan amounts from $100,000 to 1 Million
  • 75% maximum LTV for purchase transactions
  • 70% maximum LTV for refinance transactions
  • No reserves required
  • Interest Only terms available

 Stated Residential Investor  Qualifications

  • Borrower must be experienced property investor
  • Total borrower income not disclosed, DTI not calculated
  • Minimum Debt Ratio (DCR) 1:00
  • All rents validated by lease agreements
  • Full appraisal required, including Operating Income Statement and Comparable Rent Schedules

US Mortgage Lenders provides a stated mortgage program for residential rental homes that does not require borrower tax returns to conform to a typical bank underwrite. We like to see a minimum FICO score of 600 and will base the underwriting off of the asset(s). 

Financing for 1 to 4 units investment/rental units free standing or attached duplex, triplex and fourplex properties. “blanket mortgage” funding available for multifamily apartment properties.

  • 2 – 2.75% lender origination points.
  • 30-year amortization 
  • Credit report with middle score of 650
  • Maximum LTV of 75%
  • No rehabilitation or construction costs financed.
  • Will finance completed properties as a take-out/permanent mortgage funding.
  • Borrower may use “stated income” – No personal debt to income ratios. No global underwrite.
  • Appraisal done by a National Appraiser Service with average cost in the $400 to $600 range/property.
  • Property tax and property insurance impounds are required.
  • 3 Three, 5 five year fixed interest rate period followed by adjustable rate at WSJ “prime” plus Margin of four percent (4.00%). 2.00% is the maximum first adjustment, 1.00% periodic (every 6 months). 2.00% max annual adjustment and 6.00% life cap over start rate.
  • Loans are fully assumable to qualified borrower for 1.00% fee. New borrower must conform for program.
  • Free and clear properties receive a five percent (5.00%) reduction of maximum LTV. 65% instead of 70%.
  • Any property listed for sale within the last six months is only eligible rate/term refinance. No Cash out available.
  • Prepayment penalty is 3% for 1-4 unit deals and 5% for commercial. Borrower can pay off 20% of equity in any 12 month rolling period without triggering prepayment penalty. Example: 3 year fixed loan, a borrower can pay off 60% of principal without triggering penalty.
  • Prepayment penalty can be bought down options available.



A true  Stated Income Mortgage lender is perfect if you do not have to provide tax returns. If  for whatever some reason you cannot or do not want to provide tax returns because of excessive write offs  keep you from qualifying at your local bank mortgage.  No Problem, We don’t care about your tax returns and we do not care about your debt to income ratio (DTI). Our Stated income loan program lets you purchase or refinance up to 85% of your  Home Purchase!

Details of Bank Statement Only Lenders Program:

  • Must have 24 consecutive months of statements (no gaps)
  • Must provide All pages (even the last pages with advertising)
  • If account was used and closed and new account for remainder of statements must show closing of old account and opening of new account

 Stated Income Loans For  Home Buyers!

( Properties must be located within 20 Miles of a population of 100,000 or more)

 Stated Lenders Loan Approval Property Types:

  • 1-4  single family homes including condo’s.

 Stated Loan Investor Amounts:

  • $100,000 to $1,00,000 for 1 units and  condos
  • $100,000 to $2,000,000 for 2-4 units

Stated  Lenders Maximum (LTV) Loan To Value

  • 70% = Min 30% Down payment required.

 Stated Loan Investor Transaction Types Include:

  • Purchases 2-4 units– OK!
  • Refinance  Properties 1-4 units– OK!
  • Cash Out Refinance– OK!
  • Stated Income – OK!
  • No Tax Returns – OK!
  • Previous Bank Turn Down – OK!
  • Multiple investment properties owned – OK!

Minimum Fico Score Required:

  • 640 Minimum Mid-FICO – There is a high number and low number the number in the middle must be min 640

 Stated Loan Investor Terms:

  • 30 years / due in 30 years (30/30)
  • 3- 8 years fixed – adjustable year 4 through 30!

 Stated Loan Investor Interest Rates:

  • Rates starting at the 7% range fixed for 36 months, adjustable 6 months.
  • Interest Rates buy downs are available.

 Stated Loans And Prime rate, Federal funds rates are:

The prime rate will move up or down in lock step with changes by the Federal Reserve Board. What it means: The initials stand for The Wall Street Journal, which surveys large banks and publishes the consensus prime rate. The Journal surveys the 30 largest banks, and when three-quarters of them (23) change, the Journal changes its rate, effective on the day the Journal publishes the new rate. It’s the most widely quoted measure of the prime rate, which is the rate at which  banks will lend money to their most-favored customers.

How it’s used: The prime rate is an important index used by banks to set rates on many consumer loan products, such as credit cards or auto loans. If you see that the prime rate has gone up, your variable credit card rate will soon follow.


Commercial stated  mortgage lenders provide investors with the  opportunity to take advantage of the  real estate market.  Typical stated  mortgage transaction take approximately 3-6 weeks to complete from contact to closing.  stated investor lenders can provide fast funding for  business owners or professional  real estate investors. Recently  mortgage lenders and local  banks are very critical on approving stated  investor loans on investment type   investment properties.   stated mortgage lenders not only calculate a properties the Debt Service Coverage Ratio but the owner’s or buyer’s personal Debt To Income Ratio.  As a result many  self employed borrowers with a lot of write offs cannot qualify for investor loans to purchase or refinance income producing  properties.

 -Bank Statement Only Mortgage Lenders

15% DOWN+STATED INCOME  MORTGAGE LENDERS-www.-mortgage-lenders.com/-mortgage…/186-stated–mortgage-l…”There are two main problems that self-employed  borrowers face when qualifying for a  mortgage,” “First, you need to prove their income with tax returns rather than using a ‘stated income’ loan. Second, the recent housing recession has caused declining income for many self-employed business owners.

 Stated Mortgage Lenders – -Mortgage-Lenders.Com

www.-mortgage-lenders.com/…/tags/…/910–stated-mortgage-lenders.ht…Stated  Mortgage Lenders – Same Day Pre-Approvals in every city in . The Stated  Mortgage Lenders only loan program is for home buyers …

 Stated Income Mortgage Lenders + Same Day Approval!

www.fhamortgageprograms.com/stated-income–investor-loans/Dec 23, 2016 –  STATED INCOME PRIMARY HOMES AND INVESTOR LOANS Call NOW 954-667-9110 Same Day  stated income loan Pre …

Stated Income  Mortgage Program Details

www.-mortgage-lenders.com/…mortgage…/3583-stated-income–mortga…As with many traditional loansstated income  mortgage loans may be a 30-year fixed interest or ….. NEW PORT RICHEY FL MORTGAGE LENDERS.





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.

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