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Mortgage Broker Fort Lauderdale FL | Florida State Mortgage Group, Inc.

Florida State Mortgage Group, Inc. are mortgage brokers in Fort Lauderdale, offering a comprehensive selection of loan options. Call us at (954) 359-3000.

  • About
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    • Living in Fort Lauderdale
  • Loan Options
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Call us for a FREE Consultation

(954) 359-3000

  • About
    • About
    • Living in Fort Lauderdale
  • Loan Options
    • Loan Options
    • VA
    • FHA
    • Conventional
    • Jumbo
    • First Time Home Buyer
    • Self Employed
    • Condominium Mortgages
    • Mortgage Credit Certificate
  • Purchase
  • Refinance
  • Resources
    • Resources
    • Calculator
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    • Home Purchase Qualifier
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    • Search Home For Sale
    • Home Value Estimator
    • What is Your Credit Score?
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Florida Downpayment Housing Assistance

October 5, 2018 by Stephen McWillam

Buy a Home in Fort Lauderdale

We at Florida State Mortgage Group, Inc in conjunction with various local government entities are very pleased to be able to cooperatively offer down payment assistance funds to qualified borrowers.

We are currently offering downpayment assistance funds in numerous cities within Broward, Palm Beach and Orange Counties. Additionally, we may be able to identify assistance in other areas throughout Florida.

Housing downpayment assistance is currently available in Fort Lauderdale for up to $75,000. We have several other cities eligible for up to $50,000. These funds are issued in the form of a simultaneous second mortgage with zero interest and zero payments for 15 years. After 15 years the debt is forgiven and the funds are no longer need to be repaid.

The use of these funds can result in a substantially lower monthly mortgage payment. Additionally, the use of these funds can typically result in no need for added and costly government or private mortgage insurances.

In addition to these downpayment assistance funds we typically are able to issue a Mortgage Credit Certificate. (“MCC”). The MCC provides the homebuyer with an annual IRS income tax credit of up to $2000. These funds can also be used when considering a borrower’s income for qualification in the application process.

There are income and purchase price guidelines. Although the MCC can be issued to eligible veterans and/or first time home buyers (“FTHB”) only FTHB are considered for the downpayment assistance programs.

Do you qualify for these housing downpayment assistance programs? Give us a call today and inquire.

Stephen L. Cohen 954-478-1458 or Stephen B. McWilliam 954-449-1767

Filed Under: General Tagged With: Broward County, Fort Lauderdale, Orange County

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Fort Lauderdale's Top-Rated Mortgage Company

Florida State Mortgage Group, Inc. is located on 1512 E Broward Blvd #204A, Fort Lauderdale. From Fort Lauderdale-Hollywood International Airport (FLL) head northwest toward Terminal Dr/Upper Terminal Dr and use the right 2 lanes to turn slightly right onto Terminal Dr/Upper Terminal Dr. Then use the left lane to keep right at the fork and follow signs for Departures and use the left lane to continue toward US-1 N. Next, keep left at the fork, follow signs for US-1 N/Ft Lauderdale and merge onto US-1 N. After that merge onto US-1 N and keep left to stay on US-1 N. Finally, turn right onto E Broward Blvd and Florida State Mortgage Group, Inc. will be on your right.

We are open Monday - Friday 9am - 6pm, Saturday - Sunday 10am - 4pm.

For additional questions you can call us at (954) 359-3000 or you can find us on Yelp and Birdeye.

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Florida State Mortgage Group, Inc.
1512 E Broward Blvd #204A
Fort Lauderdale, FL 33301
Phone: (954) 359-3000
Fax: 954-449-0283
NMLS# 393326
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Florida State Mortgage Group, Inc, Mortgage Broker, Fort Lauderdale, FL
Equal Housing Lender

Florida State Mortgage Group, Inc. is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.

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