I will find the financing for you!

Although the mortgage financing market has become tighter, there is still financing available for a home purchase! USDA and VA mortgages are available with NO DOWNPAYMENT! FHA mortgages with 3.5% down, and HomePath Mortgages for FNMA REOs with 3% down! Here are a few programs…  

• Home Path Mortgage for FNMA REO's!

  • Up to 97% financing for owner occupied purchasers!

  • Up to 90% financing for investor purchasers!

  • NO Mortgage Insurance!

  • No appraisals needed!

  • Rehab loan for FNMA REOs to be avail. shortly!

• USDA 100% financing... funds will soon be suspended!

  • No monthly mortgage insurance

  • Need 620 min score

  • Max income guidelines

  • Low 30 yr fixed rate with no prepayment, no balloon

  • Financed up to 100% of appraised value, not sales price!

  • Seller can pay up to 6% of sales price in closing costs

  • Loan restricted to USDA geographical maps.

• FHA 30 yr fixed mortgages:

• FHA loan limits in Pasco/Hillsborough/Pinellas/Hernando: $292,500

  • More flexible underwriting for income

  •  min. 620 credit score required

  • allows non-traditional credit

  • allows gift for down payment

  • allows non-occupying co-signors

  • seller can pay up to 6% of sales price in closing costs

• FHA Reverse Mortgage Limits increased to $417,000

  • Available to homeowners 62 yrs of age or older

  • NO payment on monies borrowed.

  • Can pay off existing mortgage and get additional monies

  • Both fixed and HELOC for disbursement based off of needs

  • Reverse Mortgage now available for purchases!

• FHA Streamline ”K” Allows up to $35,000 of non-structural improvements to a home!

  • Eligible Improvements include:

  • Roofs, gutters, downspouts

  • HVAC Systems

  • Plumbing and electrical systems

  • Flooring

  • Non-structural remodeling of kitchens and baths

  • Decks, patios and porches

  • Siding or stucco

  • Interior and exterior painting

  • New doors, windows and insulation

  • Weatherization

  • New Appliances

  • Accessibility improvements for persons with disabilities

  • Septic system and/or well repair or replacement

• FHA 203-K

  • Allows structural improvements to a home! First $5000 must be required/needed. Additional can be improvements desired. No limit on improvements, but must be able to appraise with after improved appraisal!

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  • Owner occupied purchases only

  • Must qualify based upon income and family size

  • Provides down payment monies in the form of a second mortgage along with approved 1^st mortgages, such as FHA and Conventional mortgages.

  • REHABs homes ahead of time, allowing borrowers to use any type of financing on homes!

• 100% financing on VA loans for owner occupied purchases to qualified veterans!

  • Jumbo VA mortgages

And Help with Down Payment Assistance!

Pasco County Community Development offers more down payment assistance than surrounding counties!

• Down payment assistance for Pinellas, Hillsborough, Hernando and other counties in Florida for owner occupied purchases!

  • Down Payment Assistance matrix for Pasco County

• Will help homebuyers receive $6500 or $8000 Tax Incentive prior to or after home purchase!

• What I Check Upfront:

  • Credit, scores, type of programs eligible for, verifiable income and confirm self-employed income

  • Check on condition of home… if you need rehab financing or regular financing

  • Check your funds and calculate if seller needs to pay any closing costs

  • If down payment assistance needed, make sure you are eligible per county guidelines in addition to first mortgage guidelines

  • Run your file through automated engines and know when and how to do manual underwriting

Why Can I Do It Better?

• 24 years experienced mortgage loan officer

  • specializing in FHA, VA, Conv, USDA, Rehab residential mortgages in both resale and new construction

• Emphasis on “niche” programs

  • program guidelines with a unique difference that every other lender can’t handle

• Up-front, full blown loan approvals through ALL automated engines

  • (Not bound by a specific automated engine of individual company.... I use them all!)

• Understand unique differences between automated engines

  • which to use and which not to use!

• Prefer to get all work done up-front

  • (I expect every loan to close!)

• Work with skilled processor who is also FHA, VA, Conv underwriter

• Personally experienced in processing, submission and closing

  • process and close my loans when processor is not available

• Know how to read, dissect and figure income off of personal and corporate tax returns

  • (This is done at pre-qualification!)

• Can help you sell in a TND and CDD community!

  • (It’s the amenities…!)

• Developed www.TraditionalNeighborhoods.net, a website committed to showing differences of TND communities

  • such as Longleaf, West Park Village in Westchase, Highland Park and Winthrop!

• Realize that today's market is different than a year ago, keep up on daily changes in the financial market

Contact:  Pam Marron, 24 Yrs. Sr. Loan Officer

 Homexpress Lending, Inc.

email: pmarron@tampabay.rr.com

 727-375-8986 office       727-534-3445 cell

750 94^th Ave. N., Ste. 112; St. Petersburg, Fl. 33702

Licensed Correspondent Lender