Loan Types
At the PRMG Cutler Bay Branch, we work on a case-by-case basis to ensure you get the best loan for your unique financial position.
The (FHA) Federal Housing Administration Loan
3.5% Down
The Federal Housing Administration Loan (FHA) offered by PRMG Cutler Bay is among the most competitive loans in the real estate market. We'd be happy to discuss the details of the FHA Loan and customize it in order to suit your specific needs and financial situation. Contact our office to find out if you’re eligible, and whether this would be a good fit for your needs.
The (VA) Veteran's Affairs Loan
0% Down
Since the 1990s, our staff has been helping veterans around South Florida with home ownership. The VA Loan is a key utility for veterans looking to buy a home in Florida. Reach out to our office to learn more about how to pursue this mortgage for your financing needs. We’ll provide all necessary information so that you can learn about this loan program which caters specifically to our Heroes.
A Conventional Loan
3-5% Down
It’s easy to get lost while navigating all the different types of mortgage loans available. A Conventional Mortgage could be the right loan for you, but it’s important that clients understand all the qualifications necessary for this fit. Contact our office now, in order to discuss the benefits and qualifications, and together we’ll decide whether this is the right loan for you.
A USDA Rural Loan
0% Down
The USDA Rural Loan can be a great fit for Florida residents, but you must meet very specific geographic guidelines. We'd recommend this to many of our Central and Northern Florida residents. We'd be happy to walk through the details to see if this could be the loan for you. Contact our office so we can see if this would be a good fit for your needs.
Jumbo Loan
Up to 80% LTV
We currently provide jumbo loans for up to $3,000,000 inhouse, and even higher with our affiliates. Out Gold and Emerald Jumbo products can go to up to 80% LTV for both purchases and refinances. We also have jumbo products for up to 4 units for owner occupied and second homes. Our financial analyst/ jumbo specialist will meet with potential clients to make sure they are making the best use funds.  A mortgage provides a great return on your investment.
A Closed End Seconds Loan
Up to 90% CLTV
This Combination Loan is a second mortgage loan available to clients who need an additional down-payment. This loan is usually used for condominium, jumbo, and other loans requiring large down payments. Get in touch and I’ll provide all necessary information for you to make an educated decision.
Get in touch for more mortgage information and learn what type of loan is right for you.