Today’s FL mortgage markets have many new home buyers seeking mortgage loans that are well above the $417,000 conventional loan limits set by Fannie Mae and Freddie Mac.  From home buyers wanting to construct their dream home with a new home Builder, or others who simply want options for their next FL Jumbo mortgage; we have many options to choose from and the 2 most popular  depend on whether the buyer is a FL Veteran looking to purchase with our FL VA Jumbo loan.  Consider this.

Many FL jumbo mortgage loan programs require a 20%, or more, down payment.  I am sure those seeking a FL Jumbo mortgage loan can afford that down payment requirement, but what if there was a better way?  A way where you or your buyer could keep more of their hard earned money and still purchase the home of their dreams.  Well there is, and it begins with either our FL VA Jumbo Loan or our FL Jumbo Program.

  • Our VA Jumbo Loan allows a qualified Veteran to borrow more than $417,000!  In fact, regardless of which County your Veteran is building or purchasing their home, VA allows qualified Veterans to put as little as 25% of the difference between $417,000 and the purchase price.  The rest can be financed at a low FL VA fixed rate mortgage.  And remember, there is never a monthly mortgage insurance with a  Florida VA home loan.  Veterans can have an advantage with FL Jumbo loans.
  • One of our many FL Jumbo mortgage loans allows a home buyer the opportunity to purchase their dream home with as little as 10% in down payment.  The interest rate is very competitive and there is no private mortgage insurance requirement; even with only 10% down payment!

If you are purchasing your dream home, have a home builder in Brevard County or anywhere else in Florida, please make sure you call or email Stephen Thaggard and get his perspective.  He will provide an upfront estimate as well as immediate  prequalification or pre-approval letters.  You can reach him almost anytime via email or by calling or texting 407.733.6425 or toll-free at 800.333.3004 ext. 3560.

Stephen Thaggard, NMLS 356309, Sr. Loan Officer, licensed in Florida

Embrace Home Loans, NMLS 2184, www.nmlsconsumeraccess.org,

5500 Murrell Road Suite 201, Viera, FL 32940