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

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Kathleen Gannon

18:46 06 Dec 23

Alex at Premier is the best! I’ve known Alex for over 17 years and there’s no one I would trust more than him! He always goes above and beyond for his clients, his knowledge of the market is always impressive as well as how he is able to explain it to us and he ALWAYS has his clients best interest at heart. Can’t recommend him enough!!!

christopher Alonso

23:32 01 Dec 23

Alexis got our case moving fast and seamlessly. She was very responsive and available for questions whenever we had any. I will definitely recommend Alexis to friends and family in the future.

Tisha H

18:11 01 Dec 23

My husband and I used Premier to purchase our first and also new construction home. Working with Jordan Nicolosi and his team was an absolutely seamless process. Jordan is a knowledgeable and straightforward individual! He doesn’t beat around the bush, nor does he present you with bogus numbers. He took the time to break things down and even showed us how to read a CD. He was always available via phone or text and responded pretty promptly. He dealt with our difficult builders with ease. I highly recommend him to anyone seeking a mortgage! Thank you Jordan for making our first home buying experience a breeze!

pavel s. pavlikhin

22:58 29 Nov 23

I’ll be definitely recommending Jordan to everyone! With His help Ive got just an impossible rate! All my friends say like what?? 6,9?? No waaaay

Jared Fuller

17:39 28 Nov 23

Alexis was insanely fast and awesome to work with.

Stephanie Enloe

00:58 09 Nov 23

As a first time homebuyer, my lender Jordan at Premier Lending Corp made the process very easy! Our intro call was great, because he took the time to listen to what I was looking for and explain some of my options. After that, he was available every step of the way to answer questions or help me determine if a property was a good fit financially. Not to set any expectations, but he was even available after normal business hours, including on a holiday weekend morning! This can be important in a cometitive market! After finding a home, the rest of his team made it easy to get all the follow up docs/requirements met. I would recommend Premier Lending Corp, and Jordan N to any of my friends and family if they have any mortgage needs in the future.

joni lucas

17:35 06 Nov 23

Michael Savitt is a true professional and always willing to help! Very knowledgeable kind and patient. I can not thank you enough. Joni Lucas

Sofia

17:51 05 Nov 23

A helpful team of individuals who are very friendly and accessible.Special thanks to Frank and Alex for always being there to answer any questions we had!

Michael Shaw

20:05 30 Oct 23

This is without a doubt the A team. They made the entire process easy from start to closing and they were incredibly attentive and proactive. A pleasure to work with! Thank you!

Steve Cutts

15:59 30 Oct 23

Highly recommend Premier Lending Corp. Excellent experience with Jordan Nicolosi. Very professional and extremely knowledgeable. Constant communication every step of the way. Jordan made the entire process very easy and very comfortable from start to finish. He went above and beyond to make sure I understood every move and left me feeling completely confident. Thank you for the smooth process from beginning to end.

Nicole Wann

16:28 18 Oct 23

Juan Fajardo at Premier Lending Corp. is the best in the business! His level of professionalism and follow through during the mortgage process makes an otherwise difficult process an ease. I can not recommend him and this company enough! I will never use anyone else!

Lauren Pires

18:52 16 Oct 23

Second time closing with David. Highly reccomend. Don’t look any further!

Chelsea Thomas

10:29 12 Oct 23

They say buying a home is 1 of the 3 most stressful things in life that you will experience. It’s expensive, exhausting, and discouraging at times when you wonder if you will ever find the right home. Having the right mortgage company by your side through the process makes a world of difference! We are so thankful that we worked with Premier Lending Corp. They didn’t treat us like another transaction. They treated us as their partner, sharing in the experience and guiding us seamlessly through each step. They were easy to work with, kind, communicative, knowledgeable and always there for us. Thank you for all your help and guidance!

Lara Becker

17:10 05 Oct 23

I worked with Alexis VanLandingham after connecting with her a few times in the field at events. I liked her bubbly personality and no-nonsense approach to the business. We just closed on a deal together and she was great to work with. My first-time buyers felt educated and in good hands. She communicated well and was always responsive, as well as great at pointing out possible outcomes and ways to navigate around obstacles (not just on this deal but with other potential future clients). She goes the extra mile and shows patience, and that’s exactly what I’m looking for in a mortgage broker and someone that I team up with to close a transaction with ease and speed. An absolute pleasure to work with. I’m looking forward to many more closings!

Hermys

12:41 05 Oct 23

Erika Bush is a helpful person and has a lot of knowlegde. She explained clearly all my doubts. I recommed her.

Jessica Satinoff

23:00 01 Oct 23

I recently had the pleasure of working with Alexis and I couldn't be happier with the experience! Her knowledge, professionalism, and proactive approach truly set her apart. Alexis went above and beyond in guiding us through the entire mortgage process, making it a seamless and stress-free process.

courtney ortiz

20:28 29 Sep 23

As a South Florida Real Estate Agent, I had the pleasure of working with Alexis Vanlandingham. She handled the mortgage for my client who was purchasing a luxury waterfront condo in Boca. Every obstacle we could be faced with, we faced it, and Alexis met each challenge with the utmost level of professionalism. When we thought it couldn't be done, ALEXIS DID IT! I highly recommend Alexis for all your mortgage and financing needs.

E RL

22:01 26 Sep 23

This group of professionals have proven to be the most hard working, dedicated, honest, and knowledgeable in this business. Their positive & kind demeanor made the stressful process of buying my home easier and more pleasant to deal with. I really appreciated everything they did for me and will definitely use their services again! I highly recommend this team!

Sheri Martini

13:28 25 Sep 23

Jordan Nicolosi is a knowledgable and confident professional who is willing to help educate both his clients and the agents he works with. His desire to maintain an open line of communication throughout the transaction , along with his desire to facilitate not only the transaction but the relationships as well, sets Jordan apart from most lending professionals I have worked with. I will work with Jordan again on future deals and I recommend you do as well. Thank you Jordan.Sheri Martini, Real Estate Broker

Jeff Hill

11:30 19 Sep 23

Shian Hernandez

08:55 19 Sep 23

Jordan and his team at Premier lending Corp. have inspired me to get my MLO license. Their communication between clients and realtors is top notch! Could not have asked for a better experience with a better team. From the day we met to the day of closing they were there for any questions or concerns that we had. Truly an experience unlike any other! Thank you again to Jordan at Premier lending Corp. and I look forward to working with you guys soon as a new MLO!

John Hernandez

08:49 19 Sep 23

As a realtor, Jordan was a pleasure to work with in a recent transaction I did! What other lenders told my clients would not be possible he found a way to make it happen for them. Today my clients are happy in their new home and it’s all thanks to Jordan at Premier lending Corp

Tami George

19:51 18 Sep 23

Using Premier Lending Corp for the purchase of our new home was the best decision we made!! Juan was incredibly helpful and informative!! I could not imagine going through this process with anyone else!! Thank you so much Juan for your personal care and answering all of our million of questions!!! Juan and Premier Lending Corp are the BEST!!

Jacob Stevens

19:43 16 Sep 23

I recently bought my own home thanks to Premier Lending Corp. Alexis made the process so simple and made sure that I understood every aspect going into it. Each step was simple concise and made sure that there was no jargon I was unaware of and no contracts that needed further review before signing. I highly recommend working with Premier Lending Corp. Thank you and thank you Alexis for such a smooth transaction with buying my first home!

Jill Fabiani

17:10 15 Sep 23

I was recommended by a friend to use Juan Fajardo at premier Lending Corp. for my mortgage. I cannot BEGIN to express my gratitude with the guidance and help shown by Juan and other members of the team. They made everything easy and much less stressful. Juan was ALWAYS available to answer questions or concerns. He was informative knowledgeable and just got things done!! I highly highly recommend Premier Lending Corp.

Robert McCausland

16:12 15 Sep 23

The process could not have been easier. Jordan kept us updated throughout the process. Closing was smooth and without surprises. I am a second time client of Premier and am looking forward to using them again for our next property.

Christine McKenna

14:05 15 Sep 23

Jordan Nicolosi of Premier Lending Corp was fantastic to work with and he accomplished getting me the loan that I needed for both my first and second investment property! I am a repeat customer for life! Jordan was always responsive and helpful and handled all of my questions so professionally! I would not hesitate to recommend Jordan and Premier to my friends and family!

Mary Cuevas

13:29 12 Sep 23

10/10 recommend. We closed our first house with the help of David Perilla. He was so helpful, knowledgeable and efficient. He was patient and took the time to make sure we were aware of every step of the process. Overall the experience was a very positive one, very stress free and as simple as can be. Thank you so much David!

Helena Hysell

12:36 06 Sep 23

Anthony and his team were great. Super efficient. Able to close my loan in a very short period of time. I highly recommend them.

Bianca Romer

02:52 03 Sep 23

Wow. I can’t say enough good things about my lender David Perilla. He is extremely knowledgeable on everything I needed to know