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!

Premier Lending Corp

5.0

Based on 298 reviews

See all reviews Write a review

Travis Maitre

16:16 26 Sep 21

I recently refinanced my home with this company. My experience of initially buying the house was a nightmare and was expecting the same issues upon refinancing. Michael Savitt and his team were a pleasure to work with. I was consistently updated multiple times a week as to where we were in the process. The experience was truly seamless. I would definitely recommend Michael and Premier Lending to friends and family.

Tatiana De Zayas

12:32 24 Sep 21

We loved working with Casey and the Premier Lending Corp team. From day one, Casey was super helpful and responsive to all of my questions and requests... up until the very end during closing, it was his team that led the way and got the job done for us! Thank you so much Casey!!

Lucia Gleason

04:08 24 Sep 21

Fast, easy process from beginning to end.Make sure to ask for Casey!

Yadel Calvo

01:07 24 Sep 21

Robert York

20:04 23 Sep 21

Jordan is incredible, super knowledgeable, warm, caring, responsive. He was immensely supportive throughout the entire process and truly looked out for my best interests.

Tom S

14:57 23 Sep 21

I was purchasing a second home with Movement Mortgage and they were not giving me good rates, made no effort to improve them. I wasn’t happy. Then, I got a hold of Alexis after we were already under contract and she worked with us to get the rate we deserved through Premier Lending. We managed to close in a very short time, something like 2 weeks, while we were overseas with a 7 hour time difference! She was amazing, fast, knowledgeable, and always true to her word. Trust Alexis!

Suddenly Keto

15:49 21 Sep 21

It was an absolute pleasure working with Jordan and his team. Jordan was responsive and answered every single question we had even when we asked the same questions more than once. He is very trustworthy and made us feel at ease through the whole process. We definitely recommend!

Paul Ziadie

21:08 16 Sep 21

Alexa

19:57 16 Sep 21

I had the pleasure of working with Alexis on the purchase of my first home! I thought buying new construction would be a hassle but Alexis made it super easy! She was attentive, communicative and answered any questions I have throughout the process. I got the best rate and closed on time! I would highly recommend working with her on your next purchase.

Rubiel Gonzalez

16:02 16 Sep 21

Excellent Service!!

Araceli Hernandez

12:42 15 Sep 21

Elias Loredo is very professional and worked very hard next to us, guiding us the right way to resolve all issues on what we had to do for our loan ,Thank you so much, it was a pleasure !

Luis Abaunza

12:30 15 Sep 21

Elias Loredo and Angelica were not else that very helpful and professional. Since day one, they treated me as a friend and always showed interested for my needs. The combination of great actitud and great knowledge help me get an excellent rate and safe and my closing cost. Last but not least, the also give extra mile and help me with the realtor process and paperwork.I have already recomendable them with multiple of my friends.Thank you Elias and Angelica.

Liliana Aguilar

19:25 14 Sep 21

Recomiendo ampliamente trabajar con el Sr. Elias Loredo, es sinonimo de Conocimiento, Responsabilidad y confiabilidad durante todo el proceso del prestamo. Mil Gracias por su Apoyo

Justin Slick

00:29 14 Sep 21

I couldn’t be any happier that I went with premier lending! Working with Jordan made the first time home buying process easy. I was stressed about all of the things that would come up that I had never dealt with before, but Jordan answered all of my questions and gave me advice through the entire process! Jordan was available anytime I needed him, and always got back to me quickly. With Jordan I got an amazing interest rate, and look forward to being able to work with him again soon! Highly recommend!

Randi Mitchell

17:44 08 Sep 21

Highly Recommend Jordan Nicolosi!! He was very knowledgeable and quick to responds to all of our emails, text, and, phone calls. He made everything easy and was able to get it done quickly.

mcp admin

14:56 08 Sep 21

Janine Morris

11:41 08 Sep 21

My husband and I had an amazing experience with Premier Lending Corp. Juan and Casey were incredible to work with. They were patient, knowledgable, and answered any questions we had. They were incredibly responsive and made us feel supported through our home purchase. I would highly recommend them if you're looking to buy a home!

Jorge Alvarado

19:49 01 Sep 21

I've been in the mortgage business for 15+ years and I contacted my great friend Johanny Joseph to process my loan because I myself couldn't do it because it would have been a conflict of interest. With the many years of experience that I have in the industry, I can say that Premier Lending corp. provided me with peace of mind in this tedious process and I can highly recommend them to anyone becasuse they were always quick in their responses, professional, and always found a solution to get me to the closing table! Thank you for all your help and I'll be contacting them for my future needs.

Travis Nerenberg

18:01 31 Aug 21

I was helped from start to finish by Chris Freitas. He was nothing short of professional and helpful even after hours. Told me everything I needed and wanted to know upfront and in a way I could easily understand. I highly recommend him and Premier as a whole.

Kevin Skaare

17:34 31 Aug 21

Chris helped me tremendously expedite my refinance. I shopped around and nobody could beat their rates. HIGHLY recommended

Rodolfo Maldonado

21:11 24 Aug 21

They made the process of refinacing my home very easy and stress free. They guide me the whole process. They are very professional.Thank you very much for helping me.

David White

13:06 22 Aug 21

Shannon Howell

17:22 21 Aug 21

Kieran Yeti

22:59 11 Aug 21

Premier Lending Corp provided me an incredibly stress free home-buying experience. This was my first home purchase, but Jordan Nicolosi put every single one of my concerns about the unknown at bay. These accolades were even expressed by the seller's realtor! I simply wouldn't purchase another home without the help of Jordan Nicolosi and Premier Lending Corp. I will be recommending their business to my family and friends.

Susy Kinchen

15:28 11 Aug 21

Working with Premier Lending Corporation and in particular with Jordan has been a wonderful experience. He expeditiously responded to every question I had by phone, e-mail and text - a real pleasure to work with. He is knowledgeable, detailed, responsive, fast and genuinely kind. The whole team guided me through all the collection of documents needed and navigated the process very smoothly with all the parties involved all the way through the end. Everyone is extremely diligent. I had a refinancing for an investment property, which has other issues that come into play, and they were able to find me a great rate and resolved any concerns raised during the different phases of the process. In addition, we needed to prepare a quick claim deed for two properties and they were able to include that process in the closing – a huge relief. Thank you, Premier Lending Corporation and Jordan for a great experience.

Charles Moore

13:12 04 Aug 21

I’ve used a lot of mortgage lenders in the past, and I can honestly say that Jordan and his team at Premier Lending is the best I’ve ever worked with! I am a Real Estate agent and I was recommended to use Jordan by another agent for my purchase of my home. He spent nearly 2 hours with me at my closing when he did not have to. He is beyond professional. His line of communication is always open. He responds fast to text or call, and answers all the questions you may have. I will always recommend Jordan and his team to my future clients, and I look forward to working with him in the future. Premiere Lending Corp A+ service!

Janel Dyet

22:22 28 Jul 21

Alexis is THE person you want when purchasing or refinancing a home. she was with us every step of the way and even made it a point to come over to our home and explain everything to us in person. Anytime we had questions she was available. Our refinance was a breeze because of her. We will definitely be using her again when we purchase our second home.

Jiovanni “Dayz” Pernell

21:19 28 Jul 21

Alexis was absolutely a pleasure to work with! She is knowledgeable, prompt and easy to work with. We are happy to have used Premier Lending Corp!

Susan Palmer

22:59 26 Jul 21

The associates at Premier Lending were extremely helpful and walked me through every step, making sure I understood the process. Federico was very responsive and answered calls and emails in a timely manner. I would recommend this company and the associates I dealt with. They get 5 out of 5 for service, communication, quality representation, and closing the deal quicker than I imagined possible. Thank you Premier!!! #PremierRocks #PremierProfessionls

Daniel Montilla

15:29 21 Jul 21

From my initial inquiry with Jordan regarding current rates for a potential refinance of my mortgage to closing, he handled the process with diligence, transparency and the utmost professionalism. I could not be more satisfied with Jordan and his team at Premier. I've been through this process before and can now say I've worked with the best. Highly, highly recommend.

Elizabeth Carp

11:27 21 Jul 21

I had a fantastic experience with Premier Lending in the mortgage process. They were very easy to work with and had fantastic rates. Made the experience easy and took care of me through the whole thing. Great company with great employees providing excellent customer service. Highly recommend for your mortgage needs.

Natalia Bray

16:05 20 Jul 21

I am a realtor in South Florida and I have referred several clients to Jordan Nicolosi at Premier Lending Corp, both to refinance their existing property, and to obtain a mortgage for their new home. Jordan has been great to work with, very communicative, stays on top of everything, looks for the best options for the client, even shows up at closing bearing gifts! Great experience. More to come.

Erika Bode

11:04 20 Jul 21

Juan is amazing and extremely knowledgeable! This is my second time purchasing a home with him as my lender. Both times the process went so smooth we were able to close a few days early. He responds quickly to calls, texts, and emails, and always has the best answers. I highly recommend him!

Kevin Rando

19:14 18 Jul 21

My wife and I recently refinanced our home and it was a quick and easy process. Jordan Nicolosi who helped us is very knowledgeable and made sure to take the time to explain and clear up any questions we had along the way. Overall he found us our best option and we couldn't be happier. Closing was also very easy as well and was done in the comfort of our own home. Would highly recommend if interested in refinancing.

Jordan Lowery

11:29 17 Jul 21

Working with this company was fantastic! Everyone made it easy for me, explaining everything along the way! They made is possible for me to focus on my job as the put my mortgage together without hassling me and needing me for this and that. Highly recommend!

ROBBI AUERBACH

19:26 12 Jul 21

Premier Lending Corp and Juan are absolutely fabulous! My clients rave about the quality and professionalism. Every transaction has been a pleasure. Very thorough, on top of their files, solution finders, never had a delayed closing. I look forward to working with Juan and his team again! I know the deal will close!

Andrea Marie

22:10 08 Jul 21

Jordan was very helpful and professional to work with. Highly recommend him and his company.

Adam Schooley

18:47 06 Jul 21

I recently had the opportunity to work with Jordan Nicolosi on a residential purchase for a client of mine. Jordan was very responsive and professional. As a real estate agent it's important for me to work with a good loan originator to get deals done in a timely manner. Jordan was able to get my clients a clear to close two weeks earlier than required. I would highly recommend him and would definitely work with him again.

Andrew Bray

17:34 06 Jul 21

Can't say enough about my refinancing experience with Jordan Nicolosi at Premier Lending. The entire process from start to finish was quick, easy and with complete transparency. No hidden fees or surprises and he delivered everything promised and then some. An unqualified enthusiastic recommendation for both him and Premier.

Valerie Cusco

21:25 02 Jul 21

My experience with Premier Lending was exceptional! Juan was extremely helpful and answered all of my questions without hesitation. He was professional, helpful and mots of all, Kind! Thank you for a smooth and wonderful experience. I would not hesitate to refer anyone to Premier!

Samantha Mandel

13:39 01 Jul 21

Manny and his team were phenomenal to work with! They were timely, responsive, trustworthy, and so helpful in getting us an excellent loan/interest rate.This whole process can be difficult and confusing for first time homebuyers, but Manny and his team were on top of it and made us feel in the loop and taken care of every step of the way.I would absolutely recommend Manny and Premier Lending Corp to anyone looking to purchase a property, and will 100% use them again if we ever look to refinance or purchase a different home in the future.

Chad Sanford

16:25 30 Jun 21

Juan was Extremely helpful throughout the entire process (refinancing). He responded to my emails in a very timely manner (even outside of business hours), had an answer to all my questions, and made sure I didn't have any doubt in coming to them with my business. I was content with my current home insurance, but Juan offered to help shop around for a better rate, and and ended up saving me a significant amount for the same coverage! After closing, he followed up on several occasions to make sure everything was up to my satisfaction and that I had no issues. 10/10 would recommend going to Premier Lending Corp for refinancing!

Andrew LeMay

12:49 30 Jun 21

Amazing experience. The second time I’ve had the pleasure to work with Jordan and could not have anything more positive to say. Start to finish he is quick to respond, helpful and knowledgeable.

MonRoro Guerrier

16:26 26 Jun 21

Chris Freitas, broker, is very kind and professional. He makes that our refinancing process was fast. We're very happy and absolutely recommended him.

Ileana Diaz

14:03 25 Jun 21

I wanted to share my experience with the refinancing of my home. This process can be very difficult and overwhelming but he made my experience very easy and stress free. Definitely recommended this company but most of all my Broker ( Angel Unzalu) is the person to help you with this process. He made this process very smooth and was very honest about the outcome. He was very professional and quickly responded to all my questions and inquiries. I will definitely be recommending family and friends to ask for him for assistance.

Jessica Joseph

01:34 24 Jun 21

Greg Povlow

21:05 23 Jun 21

Reached out to Jordan about a potential refi and within 3.5 weeks I was closing! Incredibly fast and easy process. He was able to get me a terrific rate. Couldn’t be happier.

Amy Thomas

20:35 22 Jun 21

I work side by side with Alexis on many closing. It is always a pleasure to work together, she is very professional and goes the extra mile to make sure each closing is a smooth process. You can tell she really cares about the customer and wants to make sure their home buying experience is exceptional. I would highly recommend Alexis and Premier Lending Corp.

Rae Knight

22:26 21 Jun 21

Wow!This was my very first time working with Premier lending Corp. I'm an agent with Elite Realty Partners and honestly I'm blown away with the speedy and professional service. Angel A. Unzalu Jr. was my cooperating loan originator and he was such a pleasure to work with, not only was he always available and responsive but so helpful and swift. My buyers were cleared to close in 16 days! Can't get any faster than that! Trust me, if you work with Premier they will give you amazing service!Ask for Angel! Tell him Rachael sent you!

Next Reviews