Nationwide Home Loans is one of the most respected and experienced direct mortgage lenders in the entire state of Florida, offering wide variety of different mortgage loan products. What exactly is a direct lender? We originate, process and approve mortgage loan applications in-house with no need to direct the loan application and your loan documentation to third parties.
We work hand in hand with real estate agents, financial advisors and our valued clients to close mortgage loans seamlessly and as swift as possible. We’re more than just a mortgage company that offers just a few loan programs but the full scope from a traditional home loan to finance a single family home to private and commercial lending for “out of the box” transactions. If it makes sense, we can make it work for you. Let’s work together to provide a custom solution with our wide ranging choice of programs.
Conventional Products for Florida
Fixed rate mortgages are designed for those who intend to acquire and hold a property for the longer term. Using today’s competitive fixed rates, buyers can take advantage of our fixed rate offerings featured on most all of our product offerings.
Adjustable rate mortgages, or ARMs, offer lower start rates compared to their fixed rate counterparts in what lenders refer to as a hybrid. A hybrid ARM is fixed for an initial period of time, say five or seven years, before turning into an ARM that can adjust annually. Ideal for those seeking shorter term financing.
Conforming loans are those underwritten to standards issued by mortgage giants Fannie Mae and Freddie Mac. By far the most common of all mortgage loans, interest rates for conforming loans are extremely competitive.
Government Backed Mortgages for Florida
FHA loans carry an inherent government guarantee to the lender and require a down payment of as little as 3.5 percent of the sales price. Insured by the Federal Housing Administration, they’re a popular choice for first time buyers due to the ease of qualifying and low down payment.
VA loans are those using guidelines set forth by the Department of Veterans Affairs and first introduced in 1944 as soldiers returned from WWII. This is a very special loan program that requires zero down with limited closing costs. This loan also carries a government guarantee to the lender.
Nationwide offers an array of commercial programs for that very special commercial property including non-owner occupied residential units, condo-tels and mixed use. If it makes sense, let’s see if we can work together to make it work for you.
Hard Money Lending
Hard money is sometimes referred to as “private money” because not only are the funds to finance the project directly from us but we don’t have to approve the loan application using third party guidelines. We make the decisions for a hard money loan using our guidelines. A hard money loan is often referred to as a catalyst in the real estate market as our personal financing allows investors to acquire and rehabilitate properties that banks won’t touch. Once a project is completed, the unit is available for sale or our loan is replaced with permanent financing.
Give us a call today at 954-439-0568 or email me directly to learn more about the array of mortgages we offer and start the process of obtaining the home loan that’s right for you! If you’ve been searching for the perfect lender, you’ve found it.