Arturo Abascal
Banking Mortgage Services, Corp.
Cell: (866)215-2143
Office: 305.445.9003
Fax: 305.666.0251

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Government Loans

Government loans are those that are insured by HUD (Department of Housing Urban Development)

 

Program Description:  15, 20 or 30 year fully amoritized loans.

Available Terms:  180 to 360 months

Maximum Loan Amount: 
Miami-Dade:  $417,000
Monroe County:  $729,750

Loan To Values:  (Purchases)

Primary Home - 96.5% LTV o + 

 

Eligible Properties

1. Single Family

2. 2/4 Units

3. Condominiums

 

Minimum FICO Score:  580

 

0 Only Primary Homes Accepted Under This Program

* UFMIP 1.75% Mortgage Insurance Premium

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