When it comes to real estate in Florida, one of the most frequent topics we are asked about is investing in rental property. Between the hundreds of miles of pristine coastline, family-friendly theme parks, and year-round warm weather, it’s one of the most sought-out vacation destinations in the US. For anyone looking to get into the vacation-rental game, Florida is the perfect place to start.
When it comes to real estate in Florida, one of the most frequent topics we are asked about is investing in rental property. Between the hundreds of miles of pristine coastline, family-friendly theme parks, and year-round warm weather, it’s one of the most sought-out vacation destinations in the US. For anyone looking to get into the vacation-rental game, Florida is the perfect place to start.
For home buyers looking for lower closing costs, lower mortgage insurance, and flexible credit score requirements, this is an excellent option for you.
The loans are intended for Active Military and United States Military Veterans. Benefits for those who qualify include 0% down payment, no mortgage insurance, and lower interest rates.
Also referred to as Non-Conforming Loans, these can offer more flexibility. A conventional loan could be a great option if you are looking for a second home or investment property and you have a good credit score.
This is a great option if you are buying a home in a qualified rural area. USDA loans make it possible to qualify with a 0% down payment and lower closing costs.
If you are looking to secure a home loan that exceeds the loan limits for FHA and Conventional loans then you may be in the market for a Jumbo Loan
If you are over the age of 62 and are looking for extra income to pay for healthcare, pay down debts, or simply looking to supplement your income, a Reverse Mortgage might be your solution.
This option can be a great way to take advantage of historically low-interest rates to lower your monthly mortgage payment or cash out with your existing equity.
This loan has been around since the 1970’s, but you probably have never heard of it. This is a great option if you are wanting to remodel or improve your existing house. There are some hoops to jump through to qualify for one of these, but our expert team is here to walk you through it if this is the option for you.
These loans are rarely heard about because most borrowers are aligned with an inexperienced loan officer who does not want to take on the responsibility of additional work and time to close. Beacon Lending will gladly assist those who qualify.
These loans are available when you purchase or refinance a home.
