The following is a partial list of programs offered by The Force Group with a brief description of the key elements of each. For a complete list of the programs that we offer, please contact us at 305-556-0606.
Reverse Mortgages
For seniors 62 and over. Allows the senior to receive monthly income or set up a line of credit without having to make payments monthly. There are no mortgage payments. Qualification is based on the equity of the home. Please contact us for more information.
Conventional
Traditional loan programs that usually require 5% down and offer competitive interest rates. Documentation and fair-to-good credit are necessary.
FHA Mortgage
Backed by the Department of Housing and Urban Development, this mortgage offers the borrower the ability to put as little as 3% down payment – and they can even finance “allowable” closing costs. Seller can contribute up to 6% of the purchase price to the buyer towards closing costs.
Jumbo Loans
Offers 30 and 15 year fixed rate mortgage and competitive ARM products with full document, alternate documentation and limited documentation.
Cash out and No cash out refinance are allowable. Single family detached, Condo's, PUD's and single-family second homes can be financed with no prepayment penalty.
Hard Equity Loan
Hard Equity Loans are for those who need flexible terms on their loan with a flexible lender. Hard Equity Loans require little documentation and can be processed quickly.
