First Time Home Buyers

First Time Homebuyers (if you have not owned a home in the last 3 years)

$10,000.00-lender contribution (to be applied to your closing costs) and or
only 3% down payment
no PMI

Non- First Time Homebuyers :

You may be eligible for a $10,000.00-lender contribution (to be applied to your closing costs)

If you are looking to buy in the Greater Miami Area and need a good Realtor, complete the contact form and/or message me

As a Realtor, I play a crucial role in helping people achieve their dream of homeownership. By keeping up to date with the latest loan and lender options, I can help you find the best possible financing solutions for your unique needs and circumstances. By taking the time to understand your financial situation and goals, I can provide you with valuable guidance and advice throughout the home buying process. I am dedicated to helping you navigate the complexities of the Miami real estate market and to make a significant difference in the home buying process

If you are looking to buy in the Greater Miami Area and Miami, Miami-Dade , Broward and Palm Beach:

Miami Physician Home Buyers

General requirements ; including and not limited to :

  • First Time Homebuyer (if you have not  owned a home within the last 3 years)
  • Non-First Time Buyers who do not currently own a home may qualify for the 10k for closing costs only.
  • Minimum credit score of 620 is required. Down-payment and closing costs may come from gifts or grants, and 1- to 4-family primary residences are eligible.
  • Low down payment—as low as 3% (5%) for condos and townhomes
  • No PMI required PMI is typically required for loans with a down payment of less than 20%.
  • Home buyer education may be required for all borrowers
  • Income limits and/or geography requirements may apply
  • Minimum borrower contribution may apply

What is PMI?

PMI stands for Private Mortgage Insurance, a type of insurance that protects lenders from losses if a borrower defaults on their mortgage payments. Borrowers are required to pay PMI when the down payment is less than 20% of the home's purchase price. The PMI cost is added to each mortgage payment until the borrower has built up enough equity in his or her home so that LTV (Loan to Value) ratio reaches 80%.

Miami Physician Home Buyers