Mortgage Lender Near Me Boca Raton

Achieving Residential Home Financing from $400,000 to $30M at Competitive Rates

If You’re Looking for a Mortgage Lender Near Me Boca Raton…

Call Us First! We’ll get you into the best home possible with your available mortgage dollars.

Here’s How…

Our Promise to You Boca Raton

Our experience will save you thousands Boca Raton, virtually eliminate missteps in the process, and get you into the best home possible with your available mortgage dollars.

We are a 24x7x365 Personalized Concierge Mortgage Broker who understands the complexities of the Boca Raton brokerage and Boca Raton real estate markets.  We have earned rock-solid trust with the lending community with countless successful mortgage approvals spanning well over two decades.

We have three things to make our Boca Raton mortgage lender approach more effective than anyone else. 

Seeking a Mortgage Lender Near Me Boca Raton?

Discover Why Us...

  • Best home for your monthly mortgage investment, bar none
  • Best loan option and interest rate for your specific situation
  • Best privacy with your information
  • Best likelihood of closing without missteps or delays
  • Best timeline & success rate

Scenarios of Our Typical “Complex” Problem Solving Expertise

Mortgage Lender Near Me Boca Raton Unlimited Mortgage Lending

Scenario: Bridge Loan

Background: A buyer is buying a property for $3.5mil with a 20% down payment ($700,000). He has cash on hand of $500,000. He has a property that he wants to sell for $1.8mil. He owes $800,000. He has an Equity of about $1mil.

Tactics:  To solve this problem a Bridge Loan is done on his present home that must be listed for sale. The Bridge Loan can go up to 60% of the property appraised value (assume $1.8mil). Therefore, $1.8mil x .60=$1,080,000. The present mortgage on the property is paid off and he/she uses the balance towards the down payment on the new home. $1,080,000 – $800,000 = $280,000 leftover.

Result: Needs balance of only $200,000 for a down payment. The Bridge loan is a 1-year Mortgage. This gives you ample time to sell your present home.

Scenario: Cross Collateralization

Background: A man owns a house valued at $1.6mil and has no mortgage on the property. The buyer wishes to buy a new home for $1.8mil.

Tactics: The lender will lend against both properties of $1.6mil + $1.8mil= $3.4mil value. The lender would lend up to 60% (3.4x.6=$2.04mil) The buyer only needs $1.8mil for the purchase.

Result: The buyer will be able to buy the new property with no down payment. The buyer only pays for closing costs.

Mortgage Lender Near Me Boca Raton Unlimited Mortgage Lending
Mortgage Lender Near Me Boca Raton Unlimited Mortgage Lending

Scenario: Bank Statements for Self Employed

Background: Many self-employed persons write off a lot of expenses that decrease their income to not qualifying for a standard loan.

Tactics: With the bank statement program, we can use either their personal or business bank statements for their income. The way it works, using 24 months of business bank statements, all the deposits are added up and averaged out for the 24 months. To account for the business expenses, we either use 50% of the income calculated or an Expense Letter from the CPA that states the cost factor in percent of the business (i.e. 30% expense factor). We would discount the monthly income by 30% instead since it is better than a 50% cut. If you were in a cash business and you deposited the cash into your personal account, we would generally use 100% of the deposits subject to the type of business that you have.

Scenarios: Income from Financial Instruments

Background: People that do not have employment but have ample funds in a financial instrument can qualify using these financial instruments without touching them.

Tactics: For example, if you had an annuity of $4mil, you would divide that by 72 months (6 years). The result would be your monthly income. for this example, $4mil/72=$55,555.56 monthly income used on the mortgage application to calculate your Debt-to-Income Ratios.

Mortgage Lender Near Me Boca Raton Unlimited Mortgage Lending

If You’re Looking for a Florida Home

Call Us First! We’ll get you into the best home possible with your available mortgage dollars.

Here’s How…

Mortgage Lender Near Me Boca Raton

Achieving Residential Home Financing from $400,000 to $30M at Competitive Rates

If You’re Looking for a Mortgage Lender Near Me Boca Raton…

Call Us First! We’ll get you into the best home possible with your available mortgage dollars.

Here’s How…

Our Promise to You Boca Raton

Our experience will save you thousands Boca Raton, virtually eliminate missteps in the process, and get you into the best home possible with your available mortgage dollars.

We are a 24x7x365 Personalized Concierge Mortgage Broker who understands the complexities of the Boca Raton brokerage and Boca Raton real estate markets.  We have earned rock-solid trust with the lending community with countless successful mortgage approvals spanning well over two decades.

We have three things to make our Boca Raton mortgage lender approach more effective than anyone else. 

Seeking a Mortgage Lender Near Me Boca Raton?

Discover Why Us...

  • Best home for your monthly mortgage investment, bar none
  • Best loan option and interest rate for your specific situation
  • Best privacy with your information
  • Best likelihood of closing without missteps or delays
  • Best timeline & success rate

Scenarios of Our Typical “Complex” Problem Solving Expertise

Mortgage Lender Near Me Boca Raton Unlimited Mortgage Lending

Scenario: Bridge Loan

Background: A buyer is buying a property for $3.5mil with a 20% down payment ($700,000). He has cash on hand of $500,000. He has a property that he wants to sell for $1.8mil. He owes $800,000. He has an Equity of about $1mil.

Tactics:  To solve this problem a Bridge Loan is done on his present home that must be listed for sale. The Bridge Loan can go up to 60% of the property appraised value (assume $1.8mil). Therefore, $1.8mil x .60=$1,080,000. The present mortgage on the property is paid off and he/she uses the balance towards the down payment on the new home. $1,080,000 – $800,000 = $280,000 leftover.

Result: Needs balance of only $200,000 for a down payment. The Bridge loan is a 1-year Mortgage. This gives you ample time to sell your present home.

Scenario: Cross Collateralization

Background: A man owns a house valued at $1.6mil and has no mortgage on the property. The buyer wishes to buy a new home for $1.8mil.

Tactics: The lender will lend against both properties of $1.6mil + $1.8mil= $3.4mil value. The lender would lend up to 60% (3.4x.6=$2.04mil) The buyer only needs $1.8mil for the purchase.

Result: The buyer will be able to buy the new property with no down payment. The buyer only pays for closing costs.

Mortgage Lender Near Me Boca Raton Unlimited Mortgage Lending
Mortgage Lender Near Me Boca Raton Unlimited Mortgage Lending

Scenario: Bank Statements for Self Employed

Background: Many self-employed persons write off a lot of expenses that decrease their income to not qualifying for a standard loan.

Tactics: With the bank statement program, we can use either their personal or business bank statements for their income. The way it works, using 24 months of business bank statements, all the deposits are added up and averaged out for the 24 months. To account for the business expenses, we either use 50% of the income calculated or an Expense Letter from the CPA that states the cost factor in percent of the business (i.e. 30% expense factor). We would discount the monthly income by 30% instead since it is better than a 50% cut. If you were in a cash business and you deposited the cash into your personal account, we would generally use 100% of the deposits subject to the type of business that you have.

Scenarios: Income from Financial Instruments

Background: People that do not have employment but have ample funds in a financial instrument can qualify using these financial instruments without touching them.

Tactics: For example, if you had an annuity of $4mil, you would divide that by 72 months (6 years). The result would be your monthly income. for this example, $4mil/72=$55,555.56 monthly income used on the mortgage application to calculate your Debt-to-Income Ratios.

Mortgage Lender Near Me Boca Raton Unlimited Mortgage Lending

If You’re Looking for a Florida Home

Call Us First! We’ll get you into the best home possible with your available mortgage dollars.

Here’s How…