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Your Guide to Affordable Home Loans in the Sunshine State | Valor Lending Group

This is Your Guide to Affordable Home Loans in the Sunshine State

Are you considering buying or refinancing a home in Arizona, California, or Florida?

At Valor Lending Group, I specialize in making your dream of homeownership a reality. Whether you’re searching for the perfect home in sunny Florida or exploring options in Arizona or California, I’m here to guide you every step of the way with affordable and tailored financing solutions.

Your Guide to Affordable Home Loans in the Sunshine State

If you’re looking to purchase a home, Your Guide to Affordable Home Loans in the Sunshine State can help you navigate the financing process with ease. Alternatively, if you already own a home, refinancing your current loan could help you secure a better rate or access equity for projects like a kitchen renovation or other upgrades. Let me show you how!

Types of Florida Home Loans:

1. Owner-Occupied
2. Investment (Non-Owner Occupied)

Both categories share similarities but also have key differences, which are explained below.

Whether you want to buy or refinance a home in Arizona, California, or Florida for a 1-4 unit residential property, here’s everything you need to know about finding the best loan options.

Choosing the Right Home Loan

The key to selecting the best home loan is demonstrating your ability to repay. For owner-occupied, 1-4 unit residential properties, repayment ability is based on income. Salary and hourly income are verified through tax returns, W-2s, and pay stubs, while self-employed income can be confirmed with bank statements and profit & loss statements. High net-worth individuals can qualify based on liquid assets covering 60-72 months of payments.

To learn more about qualifying for non-owner occupied properties, ask me about options like no-tax return investment property loans, private money loans, and commercial property loans.

Options for Affordable Home Loans in the Sunshine State

Exploring affordable home financing in Florida starts with understanding your loan options. Whether you’re buying your first home, upgrading to a new one, or refinancing for better terms, there are a variety of programs designed to suit salaried employees, self-employed individuals, and real estate investors.

Main Categories of Home Loans:

1. Conventional Home Loans

• Conforming Loans: These loans meet Fannie Mae and Freddie Mac guidelines, offering conservative terms with low default risk
• Non-Conforming Loans: These include options like jumbo loans, tailored for high-value properties but with variable terms
• Jumbo Loans: Ideal for properties exceeding conforming limits, as set by the Federal Housing Finance Agency (FHFA). These loans, considered high-risk, are not backed by Fannie Mae or Freddie Mac, offering fixed or adjustable rates. If your loan exceeds your county’s limits, a jumbo loan is necessary. Check your county limits for California, Arizona, and Florida to confirm eligibility

2. Government Loans

• FHA Loans: Backed by the Federal Housing Administration, these loans offer low down payments and are accessible to borrowers with lower credit scores
• VA Loans: Exclusively for veterans, active-duty military, reservists, and surviving spouses, VA loans provide up to 100% financing without mortgage insurance
• USDA Loans: Designed for rural homebuyers, these loans require no down payment and come with competitive interest rates

3. Non-Qualified Mortgage (Non-QM) Loans

• Bank Statement Loans: Perfect for self-employed individuals, these loans verify income through bank statements rather than tax returns
• Asset Depletion Loans: For borrowers with significant liquid assets but limited income, qualifying based on assets instead of earnings
• No-Tax-Return Investment Property Loans: Focuses on the property’s cash flow for qualification, making it an excellent option for real estate investors

4. Private Money Loans

1. Consumer Private Money Bridge Loans: Helpful for purchasing a new home while selling an existing property or cashing out equity
2. Owner-Occupied Business Purpose Loans: Designed for accessing equity for business needs.
3. Investment Property Private Money Loans: Provides quick financing for acquisitions or cash-out refinances, ideal for time-sensitive transactions

Loan Approval Process

Understanding the approval process can help you prepare for success:

• Debt-to-Income (DTI) Calculation: Evaluate monthly debts to ensure your ability to repay
• Underwriting: Verifies income, debts, credit, and housing history for eligibility
• Appraisal: Confirms the property’s value, essential for loan approval

Finding the Right Florida Home Loan Lender

Given the wide array of loan programs available, it’s essential to work with an experienced loan officer who can guide you through the process and help you make informed decisions. Your Guide to Affordable Home Loans in the Sunshine State ensures you’ll find a loan that matches your needs. I’ll help you explore your best options and secure the most favorable terms.

Loan Types Offered by Valor Lending Group

• FHA Loans: Flexible options with low down payments and credit score requirements
• Conforming and High Balance Loans: Quick approval for a variety of property types
• Jumbo Loans: Up to 90% Loan-to-Value (LTV) with competitive rates for luxury homes
• VA Loans: 100% financing with no monthly mortgage insurance, available for eligible service members and veterans

Contact me today to get pre-approved and explore the best options for your financial goals, whether you’re buying your dream home or planning for retirement. Your Guide to Affordable Home Loans in the Sunshine State is here to make the process easy and stress-free!

Recently Funded | Valor Lending Group

$1,044,550 Loan amount | Private Money Bridge Loan | Purchase | 65% LTV | Murrieta, CA
$1,900,000 Loan amount | Full Doc Jumbo Loan | Cash Out Refi | 31% LTV | Mirage, CA
$1,430,000 Loan amount | 24 Month Bank Statement Loan | Purchase | 65% LTV | Phoenix, AZ
$2,625,000 Loan amount | Ground up Construction Loan | Purchase | 65% LTV | Malibu, CA
$1,905,000 Loan amount | Fix and Flip Loan | Purchase | 90/100 LTV | Palos Verde, CA
$2,645,000 Loan amount | Ground up Spec Construction Loan | Purchase | 65% LTV | Palm Springs, CA
$712,500 Loan amount | DSCR Loan | Cash Out Refi | 75%LTV | 70% LTV 
$4,013,750 Loan amount | Full Doc Jumbo Loan | Rate& Term Refi | 75% LTV | Newport Beach, CA
$592,500 Loan amount | DSCR Loan | Purchase | 75% LTV| Seattle, WA
$1,950,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | 70% LTV | Berkeley, CA
$3,100,000 Loan amount | 12 Month Bank Statement Loan | Purchase | 43% LTV | Coronado, CA
$1,790,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | Berkeley, CA
$1,008,000 Loan amount | Full Doc Jumbo Loan | Purchase| 80% LTV | Anaheim, CA
$1,740,000 Loan amount | Private Money 2nd Position Bridge Loan | Cash Out Refi |61% CLTV | Berkeley, CA
$4,775,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | 62% LTV
$505,000 Loan amount | Full Doc FNMA Loan | Purchase | 85% LTV! | Ventura, CA
$2,100,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | 51% LTV | S. Carolina

And many more.

We do them all, so give me a call!

Recap of Our Loan Products:

1. Private Money Loans (20% down / minimal documentation) Typically, funds in 7-10 days
2. Stated Income Loans (Great for business owners and self-employed) No tax returns!
3. 100% financing is available (we can cross-collateralize other properties if there is enough equity)
4. Valor VA Home Loan 100% financing up to $2.5MM
5. Investor Cash Flow Loan – No tax returns or DTI calculation! Based on the subject property’s cash flow
6. Flipper & Rehab Loans (Flip a property with one of our many options)
7. 2nd Position Loans up to $5MM
8. Raw Land & Lot Loans
9. Ground-up Construction for spec homes, custom homes, and commercial ground-up.
10. Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
11. 10% down Jumbo’s up to $1.5MM
12. Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
13. Acreage Properties
14. Commercial Loans up to $500MM
15. 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
16. Foreign Nationals Loans (no social security or residency required)

We Also Offer:

1. 10, 15, 20, 25, 30 years Fixed, Conventional Conforming Loans
2. High Balance Conforming aka Super Conforming
3. Jumbo’s to $10 MM / 10% down Jumbo to $1.5MM
4. FHA, USDA
5. ARM’s
6. Reverse mortgages up to $1MM Value
7. Refinance including Cash Out

**Rates and terms are subject to change without notice