www.Florida-Mortgage-Lenders.com 
All Information is subject to change without notice.

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911loan@gmail.com

 
1399173
"Thomas went above and beyond to get our mortgage approved. We had a couple of "hiccups" with our VA financing and Thomas was able to get them resolved ... more "
5.0/5.0
by lbaze2008
1375949
"I was hesitant to utilize someone from the internet to obtain my home loan. I even let my real estate agent talk me into going with someone local ... more "
5.0/5.0
by rmac333
1345066
"Thomas martin was a great help with our mortgage . it was a stressful time in our life , but Thomas remained calm through out the whole process which ... more "
5.0/5.0
by zuser20140303145114251

CREDIT REQUIREMENTS Mobile top

FHA MORTGAGE

550 MIN FICO

PORTFOLIO MORTGAGE

NO MINIMUM

VA MORTGAGE

550 MIN FICO SCORE 

USDA LOANS

580 MIN FICO SCORE 

FANNIE MAE.

620 MIN FICO SCORE 

FREDDIE MAC

620 MIN FICO SCORE 

CALL NOW!

954-667-9110

Apply Now!

Florida Jumbo No Tax Return Mortgage Lenders– Bank Statement or 1099
Jumbo FL Program Description Select Bank Statement or 1099

No Tax Return Florida Jumbo Available Products:

  • 5/1 ARM - Caps 2% initial, 2% each year and 5% lifetime
  • 7/1 ARM - Caps 2% initial, 2% each year and 5% lifetime
  • 30 year fixed
  • 15 year fixed

No Tax Return Florida Jumbo Interest Only and Amortization Options 5/1 ARM: 10 Year Interest Only or 30 Year Self-amortizing.

  • 30 Year Fixed: 30 Year Self-amortizing (interest only not available).
  • 15 Year Fixed: 15 Year Self-amortizing (interest only not available).
  • 7/1 ARM: 10 Year Interest Only or 30 Year Self-amortizing.

No Tax Return Florida Jumbo Self-amortizing loans are for 30-year terms, except 15 year fixed which is for a 15-year term. Interest only loans are for 40-year terms (after the
10-year Interest Only period the loan must amortize over the remaining 30 years). 

No Tax Return Florida Jumbo Citizenship / Visa Citizens / US persons only, no foreigners
Allowable Loan to Value (LTV), Maximum Loan Amounts Primary Residence – 1 - 4 Unit, Condos, and Condotels

Interest Only limited to 80% LTV, 2 – 4-unit properties limited to
75% LTV, No Tax Return Florida Condotel mortgage lenders limited to 65% LTV

No Tax Return Florida Jumbo 12 Month Bank Statements limited to 80% LTV

No Tax Return Florida Purchase / Rate & Term Refinance:

No Tax Return Florida Jumbo 740 minimum Credit Score:
90% LTV to $2,000,000

No Tax Return Florida Jumbo 720 minimum Credit Score:
85% LTV to $2,000,000
75% LTV to $2,500,000
70% LTV to $3,000,000
65% LTV to $4,000,000

No Tax Return Florida Jumbo 700 minimum Credit Score:
85% LTV to $2,000,000
75% LTV to $2,500,000
70% LTV to $3,000,000

No Tax Return Florida Jumbo
65% LTV to $4,000,000

No Tax Return Florida Jumbo 680 minimum Credit Score:
85% LTV to $2,000,000
70% LTV to $2,500,000

No Tax Return Florida Jumbo 660 minimum Credit Score:
75% LTV to $2,000,000 

No Tax Return Florida Jumbo Cash Out Refinance:

No Tax Return Florida Jumbo 740 minimum Credit Score
75% LTV to $2,000,000
70% LTV to $3,000,000

No Tax Return Florida Jumbo 700 minimum Credit Score:
75% LTV to $2,000,000
55% LTV to $3,000,000

No Tax Return Florida Jumbo 680 minimum Credit Score:
70% LTV to $1,000,000
65% LTV to $1,500,000

 

No Tax Return Florida Jumbo Second Home – 1 - 2 Unit, Condos, and Condotels

Condotel loans limited to 65% LTV

No Tax Return Florida Jumbo Purchase / Rate & Term Refinance:

No Tax Return Florida Jumbo 720 minimum Credit Score:
80% LTV to $2,000,000
75% LTV to $2,500,000
70% LTV to $3,000,000
65% LTV to $4,000,000

No Tax Return Florida Jumbo 700 minimum Credit Score:
80% LTV to $2,000,000
75% LTV to $2,500,000
70% LTV to $3,000,000
65% LTV to $4,000,000

No Tax Return Florida Jumbo 680 minimum Credit Score:
80% LTV to $1,500,000
75% LTV to $2,000,000
70% LTV to $2,500,000

No Tax Return Florida Jumbo 660 minimum Credit Score:
75% LTV to $1,500,000

 

No Tax Return Florida Jumbo Cash Out Refinance:


70% LTV to $1,000,000
65% LTV to $1,500,000
60% LTV to $2,000,000

700 minimum Credit Score:
65% LTV to $1,500,000
60% LTV to $2,000,000
55% LTV to $3,000,000

680 minimum Credit Score:
65% LTV to $1,000,000
60% LTV to $1,500,000

 

No Tax Return Florida Jumbo Investment / Business Purpose – 1 - 4 Unit, Condos, and Condotels

Condotel loans limited to 65% LTV

No Tax Return Florida Jumbo Purchase / Rate & Term Refinance:

No Tax Return Florida Jumbo 720 minimum Credit Score:
75% LTV to $1,500,000
65% LTV to $2,000,000
60% LTV to $2,500,000
55% LTV to $3,000,000

No Tax Return Florida Jumbo 700 minimum Credit Score:
75% LTV to $1,500,000
60% LTV to $2,000,000
55% LTV to $2,500,000
50% LTV to $3,000,000

No Tax Return Florida Jumbo 680 minimum Credit Score:

75% LTV to $1,500,000
50% LTV to $2,000,000

No Tax Return Florida Jumbo Cash Out Refinance:

720 minimum Credit Score:
65% LTV to $1,500,000
60% LTV to $2,000,000
55% LTV to $3,000,000

700 minimum Credit Score:
65% LTV to $1,500,000
60% LTV to $2,000,000

680 minimum Credit Score:
60% LTV to $1,000,000


No Tax Return Florida Jumbo Minimum Loan Amount For LTVs <90%, minimum loan amount is $100,000
amount is $200,000
Minimum Credit Score 660; except in New York which is 680
Maximum DTI Ratio 50% DTI
Eligible Property Types 1 – 4 units, warrantable and non-warrantable condos, condotels

Permissible Occupancy Primary Residence, second homes and investment / business purpose
properties (For investment / business purpose No Tax return Florida jumbo mortgage applicants must sign a business use affidavit)

 No Tax Return Florida Jumbo Required Reserves

Loan Amount Reserves

< $2,000,000 6 months PITIA

> $2,000,000 12 months PITIA


If (i) the No Tax return Florida jumbo mortgage applicants own one or more investment properties which are not the Subject Property, and (ii) the Subject Property is a primary residence or second home, then required reserves must be increased by one month of the PITIA for the Subject Property for each mortgaged investment property owned by any of the No Tax return Florida jumbo mortgage applicants. If (i) the No Tax return Florida jumbo mortgage applicants own one or more investment properties which are not the Subject Property, and (ii) the Subject Property is an investment property, then required reserves must be increased by two months of the PITIA for the Subject Property for each mortgaged investment property owned by any of the No Tax return Florida jumbo mortgage applicants.

For cash out refinances, Borrower must have the first 3 months PITIA reserves of their own eligible funds, not including the cash out proceeds available to the Borrower, then the loan proceeds disbursed to the Borrower may be used to meet the remaining reserve requirements.
Gifts Gifts permitted and must conform to all Fannie Mae gift requirements (except that Fannie requirements are modified to permit gifts for investor occupancy); For gifts of equity, LTV must be reduced by 5%

No Tax Return Florida Jumbo Credit History- No foreclosure, bankruptcy, deed in lieu or short sale permitted in the past
24 months. If foreclosure, bankruptcy, deed in lieu or short sale between
24 and 48 months, then max 65% LTV and reserves increased by 6 months.

Mortgage and Rental History For LTV’s < 90% Maximum 1 x 30 x 12 with 0 x 30 in the last 6 months
from Note Date
For LTV’s > 90% LTV Maximum 0 x 30 x 12 from Note Date
Forbearance Refer to Section 5.5.2, Section 5.6 and Section 5.8 of the Sale Guide


Subordinate Financing Subordinate financing permitted provided (1) CLTV does not exceed the
applicable LTV limits, (2) that the debt service on subordinate financing is
included in the DTI calculation, and (3) that the terms of the subordinate financing conform to Fannie Mae requirements.

Appraisal Requirements Loan Amounts < $1,500,000 - 1 Full Appraisal + CDA or ARR
Loan Amounts > $1,500,000 - 2 Full Appraisals + CDA or ARR
Escrows Refer to Section 14.2 Escrow Accounts

Apply Now

Questions

911loan@gmail.com

 
1399173
"Thomas went above and beyond to get our mortgage approved. We had a couple of "hiccups" with our VA financing and Thomas was able to get them resolved ... more "
5.0/5.0
by lbaze2008
1375949
"I was hesitant to utilize someone from the internet to obtain my home loan. I even let my real estate agent talk me into going with someone local ... more "
by rmac333
1345066
"Thomas martin was a great help with our mortgage . it was a stressful time in our life , but Thomas remained calm through out the whole process which ... more "
5.0/5.0
by zuser20140303145114251

MINIMUM CREDIT SCORE

FHA MORTGAGE

580 MIN FICO

NO TAX RETURN PROGRAMS

600 MIN FICO

PORTFOLIO MORTGAGE

600 MIN FICO SCORE 

VA MORTGAGE

580 MIN FICO SCORE 

USDA LOANS

600 MIN FICO SCORE 

FANNIE MAE.

620 MIN FICO SCORE 

FREDDIE MAC

620 MIN FICO SCORE 

CALL NOW!

954-667-9110

Apply Now!

All Information Subject To Change Without Notice and should not be relied on for decision making.