1st Florida Lending
Direct Mortgage Lenders
1st Florida Lending Corp., a registered Mortgage Lender Orlando servicing all of Florida offering over 45 loans programs including Conventional, Jumbo, FHA, VA, USDA to name a few and specializing in Bank Statement Loans or “stated loans” requiring no Tax Return verification.                               Disclaimer:  When Banks Say NO! We Say YES! tm   If you are turned down by another lender.  We will work hard to approve your loan.  No guarantee of any kind is expressed or implied!   Main Office: 2151 Consulate Dr. * Suite 8 *  Orlando, FL., 32837  * Telephone (800) 655-1345 * (407) 300-2558 * Fax (877) 401-9955 We are approved lenders for all Government Loans and registered with the Florida Office of Financial Regulation - # MLD106 © 2007 - 2015 FFL Corp - All rights reserved  I                             I                             I    When Banks Say No !  We Say YES !  ®  is a registered trademark
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When Banks Say NO! We Say YES!
With a No Documentation Loan, you can take advantage of investment opportunities as they become available and close in 10 to 14 days. We provide No Document Loans for ** non-owner occupied properties and commercial properties including (but not limited to): single family residence, residential investment, multi-family,  apartments, retail spaces,  mixed-use buildings, office, warehouse and 6 Month Interest only Bridge loans.  Complete More Investment Projects o With a No Doc Loan, you can buy more properties.  Instead of putting all your capital into one property, you can put a small amount into multiple properties. Increase Your Profits From Your Investments o Use No Doc Loans to generate more profits from multiple properties and grow your business. Residential Flip Loans o No Doc Loans are perfect for Buy-Fix-Sell projects.  Includes funding for rehab costs. How Does a No Doc Loan work? o No Doc Loans do not rely on the creditworthiness of the borrower. Instead, they look to the value of the property. The lender wants to make sure that if the borrower defaults, there will be sufficient equity in the property over and above the amount of the loan. Click here to complete our loan pre-approval request form.    One of our loan specialist will contact you with a rate and term.  
bank statement loans Starting in the 5’s NO-DOC LOAN RATES JUST WENT DOWN NO VERIFICATION OF INCOME NO VERIFICATION OF EMPLOYMENT  LENDING CRITERIA PLAN  1W - NEW   PLAN 2C  PLAN 3V  PLAN 4M Starting Rates High 5's  * High 7's   * Mid 7’s to 8’s  * 7‘s ARM - 9’s Fxd*  Maximum LTV up to 80% up to 75% up to 75% up to 60% FICO Score Required Yes - Min 640 Yes - Min 640 Yes - Min 640 NONE  Minimum Loan Amount $250,000.00 $200,000.00 $135,000.00 $125,000.00 Maximum Loan Amount 2 Million 2 Million 5 Million 1 Million Loan Terms 5 yr ARM to  30yr fix 1-4 yrs ARM only 3 to 8yr fixed 5 yrs ARM only Cash-Out Refinancing YES YES YES YES New Appraisal Required YES YES YES YES Employment Verification NO NO NO NO Income Documentation NO NO NO NO Tax Returns NO NO NO NO Pre-Pay Penalties YES YES YES YES Mortgage Insurance NO NO NO NO Gift Funds Allowed Allowed Allowed Allowed Reserves Required YES YES YES YES Property Types  Single Family, Multi-Family and Condominiums  Loan Consolidation Up to 10 properties *   The starting rate indicators based on LTV selected and property type/use   PLEASE NOTE THAT THESE PROGRAMS ARE FOR NON-OWNER OCCUPIED PROPERTIES ONLY     Starting in the 5’s