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Programs for First Time Home Buyers
Mortgage Credit Certificate (MCC: Broward County)
The Housing Finance Authority of Broward County has launched a Mortgage Credit Certificate (MCC) program to help reduce home loan financing costs for qualified homeowners in Broward County.
The MCC program entitles qualified applicants to a federal income tax credit in an amount of up to $2,000 annually. This enables qualified owners or buyers, who owe federal income taxes, to benefit from a dollar-for-dollar reduction of their tax bills. Additionally, the homeowner will continue to receive the tax credit each year they continue to live in the home financed under the MCC program.
The MCC program is not a mortgage; however, it may be used in conjunction with a first mortgage. Borrowers must meet standard mortgage underwriting requirements, which demonstrate credit worthiness, and meet the MCC program's income and home purchase price requirements.
FHA Loans
Another excellent option at the national level is an FHA loan backed by the Federal Housing Administration. If you are eligible for this type of loan and you have a qualifying credit score, your down payment could be as low as 3.5%. You may choose between a fixed or adjustable interest rate. In either case, the interest rate, like the down payment, should be lower than it would be for an equivalent conventional loan.
Other Government-Backed Loan Programs
You also should not overlook other government-insured loan programs. If the house you are planning to buy is located in a USDA-defined "rural" zone, you might be eligible for a USDA home loan with zero down payment. Another type of loan with zero down is a VA loan. You may be able to qualify for this program if you are a veteran, active duty service member, or a surviving spouse of a veteran.
Conventional loans for First Home Buyers
If a government-insured loan program isn't right for you, both Fannie Mae & Freddie Mac offer a 3% down Conventional loan. By using the standard 3% down loan, a first time home buyer can purchase their home with little money out of pocket. Fannie Mae's Home Ready & Freddie Mac's Home Possible programs also feature reduced rates & mortgage insurance for qualified buyers.
See What Our Clients Are Saying About Us!
For information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Premier Lending Corp, 12399 SW 53rd St #104, Cooper City, FL 33330 | 954-840-8811 | Florida MBR1512 | Colorado NMLS #1156346 | NMLS 1156346 www.nmlsconsumeraccess.org | Equal Housing Opportunity | Terms of Use | Privacy Policy | TCPA Consent
Jermine A.
12 hours ago
It’s always great working with a company that delivers. The customer service is always to tier and the speed they deliver has been unmatched. Our client was approved and clear to close in 7 days! Great job team and truly a pleasure.
Edna P.
13 hours ago
Thank you Erika for help me with my new house you was very kind and helpful and very patience with me.ty
Samarra L.
4 days ago
Erica was great to work with! She kept me informed throughout the entire process. Great lender!
Kerlin S.
1 week ago
it was a great experience working with Premier Lending. Nurys sis amazing and very professional. Looking forward to working together more with her. Thank you so much Nurys
Aaron W.
2 weeks ago
I had a great experience working with Alex and the team at Premier Lending. Alex listened carefully to my needs and worked hard to find a loan that was the right fit for me. Throughout the process, the team was supportive, responsive, and made sure I understood everything that was required.
I have already recommended Premier Lending to a coworker and would gladly recommend them to others. I trust this team and appreciate everything they did to make the loan process smooth and stress-free
Stacey L.
2 weeks ago
Alexis held my hand through the whole experience and made it painless as possible. As a first time buyer that was so important to me. Alexis is amazing and I highly recommend premier lending!
marilyn G.
2 weeks ago
Easy and smooth transaction resulted in a successful closing. Thank you
Damaris C.
2 weeks ago
Megan R.
2 weeks ago
As a real estate professional, l always appreciate working with lenders who communicate well and stay on top of things. Working with Alexander and his team was a great experience.
Lisa A.
2 weeks ago
I had a wonderful experience with Premier Lending! Juan is amazing - he is extremely thorough and knowledgeable, which made the entire process very easy. I highly recommend him and the team!
Wendy L.
2 weeks ago
Erika was absolutely amazing throughout our entire home-buying process! She worked incredibly hard to help us get approved and reach the closing table, even when unexpected challenges came up. She was always patient, knowledgeable, responsive, and willing to explain everything clearly. There were moments when I honestly thought purchasing our home might not happen, but Erika never gave up on us. She continued looking for solutions and did everything possible to make it work.
Thanks to her dedication, we are now homeowners! My family and I are beyond grateful for everything she did for us. This was such an important moment in our lives, and Erika played a huge part in making it happen. I highly recommend her to anyone looking for a lender who truly cares about her clients and will work tirelessly for them. Thank you so much, Erika—you are truly the best!
AJ
2 weeks ago
We had such a great experience working with Nurys! She was incredibly quick to respond, communicated so well, and stayed on top of everything throughout the entire mortgage process. She made what is normally a stressful process feel smooth and manageable.
Any time we had a question or felt unsure about something, she was always there to explain it and reassure us. She was very informative without ever making us feel overwhelmed, and she was genuinely just so nice and easy to talk to.
We really appreciated how involved and on top of everything she was from beginning to end. We are so thankful for all of her hard work and for helping make our home-buying experience such a positive one. We would absolutely recommend Nurys to anyone looking for a mortgage professional!
W P.
3 weeks ago
My wife and I worked with Jordan at Premier Lending Corp to obtain a loan for a new home purchase. Jordan and his team were the ultimate professionals throughout the journey. Jordan was very proactive and responded almost immediately to any questions or concerns that popped up along the way. I will definitely look to use Premier Lending for any future lending needs.
Ryan A.
3 weeks ago
Jordan Nicolosi was incredible. My client had a clear to close in 9 days on a condo. Easily reachable and professional on every level. I will certainly do business with him again.
Mauricio
4 weeks ago
had an outstanding experience with this team. They- They put together a truly smart financial strategy, to help me secure my mortgage under great conditions. And what impressed me the most is that even after closing, they continue to provide support whenever I need anything related to the house. That ongoing support has made all the difference for me. I highly recommend them.
Amy K.
2 months ago
Alexis is absolutely amazing to work with! As a realtor, having a lender who is responsive, knowledgeable, and genuinely cares about getting the deal done makes all the difference. She is always available to answer questions, keeps everyone updated throughout the process, and goes above and beyond for her clients. I always feel confident referring my clients to her because I know they’re going to be taken care of. Highly recommend Alexis!
Abu A.
2 months ago
I purchased my first home through Premier Lending Corp and worked very closely with Alexis & Freddy. Freddy was very patient with me throughout the process and answered every question I had at any time, evenings, weekends. He found the best options for me at every turn and even when we hit a snag toward the end with the appraiser and the bank, he went above and beyond to try and resolve it for us to get the ball moving. I was definitely super satisfied with Premier Lending Corp and working with Freddy & Alexis. I highly recommend them to anyone who is looking to purchase a home. They are the best.
Samuel B.
3 months ago
We were fortunate to work with Jordan Nicolosi for applying for mortgage to buy a home in Florida. We started working with him since the end of 2025 to just get prequalified for the mortgage. Jordan was very supportive and helpful in each step from starting to the end. The communication in each step was very clear and if we did not understand he would explain until we got it. I can’t tell how many times we texted and asked him so many question and he was always ready to explain. We felt very confident under his guidance and how he walked us through step by step. After closing on our house we look back and say this could have been a difficult and stressful process if it wasn’t for all the help we received from Jordan Nicolosi.
Jordan and his team are shining stars. They are awesome👍
Thank you Jordan we sure do appreciate ever you did for us and made our journey uneventful!
Sam and Jyoti Bishir
Mitchell P.
3 months ago
Financing from your company was a tremendous asset. Thanks to all the staff who assisted in getting a loan for my client.
Tish H.
3 months ago
They did a great job. Nice smooth transaction. We even closed about two weeks early. Highly recommend.
Adrian P.
4 months ago
Very good experience
Taylor M.
4 months ago
Jordan was absolutely incredible throughout our home buying process. His communication is amazing for start to finish. He made what could have been a stressful process feel smooth and effortless. I would recommend him to every single person i know. Thank you J🤍
Nicole F.
4 months ago
I recently had the pleasure of working with Guy Thomas at Premier Lending, who assisted us with the purchase of our new home. Guy provided constant and thorough communication throughout the process and explained every detail when needed. He was exceptionally responsive and knowledgeable.
I also appreciate the fact that he was dedicated to making sure we felt comfortable every step of the way.
Highly recommend Premier Lending Corp for all of your mortgage broker needs!
Roody R.
4 months ago
Thanks Jordan for all your help throughout this process. We truly appreciate everything you and the team did to help us get to the finish line.
Gregory E.
4 months ago
The whole team, from Manny to Jordan, is a pleasure to work with. We have done several deals together. I can say they are great with communication and always strive to get the best deal terms for their clients. Always seamless working with their company.