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3% Down Conventional Loan with No (MI) Mortgage Insurance In Florida The good news is a first-time buyer can purchase a home with as little as 3% down – and even no down. to pay private mortgage insurance. PMI, as it is commonly known, protects the lender if you.
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2019 Florida legislative session real estate changes Florida’s 2019 legislative session saw a multitude of top florida realtors priorities passing or, under the budget, funded at significant levels. In addition to the victories, many other bills will affect Realtors and their clients in different ways. Below is a run-down on some of these new laws and initiatives that become effective on July 1.
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The Homestead Loan Program provides residents with mortgage assistance to purchase or build a first home or to acquire land for the purpose of building a first home.The program also allows existing home owners the opportunity to improve or repair their primary residence. Primary or secondary financing is also available to qualified buyers.