COLONIAL FIRST MORTGAGE
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Recently, Non-Prime or Sub-prime mortgages have started to make their way back into the wholesale mortgage market through the Mortgage Broker community...
Colonial First Mortgage Funding Corp. is a licensed Florida Mortgage Broker that has been family owned and operated since 1996. Areas of expertise include...
Most consumers have the misconception or believe falsely that FHA mortgages are for first time home owners, when in fact, this is not the case. An FHA...
A strange thing is happening in the Jumbo mortgage market. Guidelines and programs that were almost non-existent less than 2 years ago, are officially...
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[...] Colonial First Mortgage Funding Corp. is a licensed Florida Mortgage Broker that has been family owned and [...]
[...] at least 51% of the total square feet. The minimum down payment on a FHA loan is 3.5% of the purchase price of the property. Funds for down payment can come in the form of a gift from a family member, [...]
[...] a loan much more feasible. For example, A potential homeowner can borrow up to 80% of the purchase price of the home on a Single Family residence, up to a $2 million loan amount, with a 700 credit [...]
[...] Premium(MIP), regardless of the Loan to Value(LTV). Other FHA loans include a 15 year fixed, 1 Year ARM, 3 year ARM, 5 year ARM, a 2/1 Buy down, as well as a 203k loan and a 203k streamline loan. An [...]
[...] /2014. Other loan programs on the jumbo side include the 3 Year, 5 Year, 7 Year , 10 Year and 15 Year ARM. [...]
[...] professional can make navigating your way through the sea of products a much easier process. Mortgage Brokers possessing the full array of products available to buyers in the Non-Prime market will [...]
[...] guidelines have opened up and borrowers have more than a few options, particularly with mortgage brokers who generally must work harder to earn their business than a Mortgage Bank or Federally [...]
[...] of usable income, as this can vary based upon job type and salary type. For example, self-employed borrowers tend to be lost when it comes to being able to determine how much useable income they can [...]
[...] mortgage options, is the Stated Income/Verified Assets program, this program allows self-employed borrowers to “State” their income amount that they earn on a Yearly basis. This “no income [...]
[...] First Mortgage also has extensive knowledge with Foreign Nationals as well as Commercial Mortgage Loans. Some of the services provided include, pre-approvals and free analyzation of potential [...]
[...] Colonial First Mortgage Funding Corp. is a licensed Florida Mortgage Broker that has been family owned and [...]
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