Conventional home loans in the state of Florida have had a maximum loan amount of $453,100 until recently. We now have access to conventional high balance loans in Florida up to $679,650 with No mortgage insurance. This is a great product to avoid jumbo underwriting guidelines that can be very strict. Here are the details for the Florida high balance loan program:
- Avoid higher Jumbo rates
- Close in as little as 15 days
- Loan amounts from $453,101 to $679,650
- Primary and second homes only
- No mortgage insurance
- Loans processed just like conventional loans
Apply today or call 813-629-5478 for more details.