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Florida Second Mortgage Loans
Florida homeowners are offered discounted second mortgage loans for cash out refinancing or purchase money to avoid PMI. Nationwide broker provides Florida homeowners with exclusive offers for reduced interest rate second mortgages, 125% home equity loans, and no cost equity lines of credit. Ask about our premiere condo financing with stated income loan options.
We specialize in discount second mortgages that can help Florida residents with consolidating credit card debt and loans that have higher interest rates. Our 2nd mortgage loans were designed so borrowers with less than perfect credit can find a solution to pay off debts or finance home improvements. |
With home sales dipping slightly across the East Coast. It may be your last chance to take out a 2nd mortgage and pay off debt with a competitive rate. |
Ask your Florida mortgage broker about potential cash-out limitations and state APR restrictions. Second mortgage rates may vary depending upon rate type, CLTV, fico score and whether or not your loan is considered "stated income" or "full documentation."
Cash Out Refinancing to 125% for Debt Consolidation and Home Improvement Financing! |
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Florida State Loan Update |
 Florida Home values have recently peaked at all-time highs, so tap the equity in your home before you risk declining equity and higher interest rates.
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Second Mortgage up to 100%: credit score requirements have tightened with 600 credit scores for 100% loans.
2nd Mortgages to 125%: credit score requirements have tightened with 660 credit scores for no equity loans, unless you have over $4,000 residual income monthly, in which you would need a 640 credit score.
Florida's Highest % Increase for Home Price Appreciation 2005 |
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Cape Coral-Fort Myers, Florida |
33.16% |
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Pensacola-Ferry Pass-Brent, Florida |
29.80% |
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Palm Bay-Melbourne-Titusville, Florida |
28.35% |
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Orlando, Florida |
28.03% |
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Naples-Marco Island, Florida |
32.35% |
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Sarasota-Bradenton-Venice, Florida |
30.35% |
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For more information, please visit: Florida Housing Stats - Go online to census.gov/hhes/www/housing.html |
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Take a moment and complete our secure form online and a professional loan officer will contact you promptly with a no cost and no obligation consultation.
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