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.

First Time Home Buyers

Premier Lending Corp

5.0

noah pennebaker

22:00 25 Nov 19

Juan and Premier Lending were excellent. Their services are A+. They got our FHA loan closed a week early and under 30 days. They let you know every detail step by step. You can’t go wrong using them. Thank you you again.read more

Bill Spain, REALTOR

22:34 11 Nov 19

Justin worked with buyers of mine to help them to purchase their home and he was absolutely fantastic in every way. He is a true professional with A+ communication, a positive upbeat and fun attitude and extraordinary service all around! I couldn't be more impressed and I know the wonderful family he helped feels exactly the same way! Thank you Justin!!!read more

Bill Spain, REALTOR

22:33 11 Nov 19

Lindsay Drobes

22:08 15 Oct 19

We worked with Manny at Premier Lending Corp. He was absolutely incredible from start to finish. We browsed several options before deciding who to use, but we are so grateful we ended up with this company. Their communication was great, they kept me updated every step of the way. The house buying process can be very overwhelming; however, Manny kept me calm and confident throughout the entire time we worked together. They are so professional yet amicable and an absolute pleasure to work with. I will never use another lender again in my life and will make sure everyone I know uses them as well! Highly highly recommend! Thank you again for helping my family buy our dream home!! We appreciate you and your team.read more

Patricia De Souza

21:31 25 Sep 19

Casey Boyd at Premier Lending Corp helped me qualify for my 1st Home Mortgage. He walked me thru every step of the process and answered any question or concerns I had. He is a very helpful and dedicated Professional. I could not have asked for a better Mortgage Broker.Thank you Casey for all your hard work & guidance! You made my mortgage experience easier than I expected!read more

Melchire Stville

17:48 24 Sep 19

Working with Casey at Premier Lending Corp is always a breeze. He's helped me on two seperate transactions and I couldn't ask for a better loan originator. He's very knowledgeable and detailed throughout the entire process. His rates are always competitive (believe me, I've checked). Look no further, ask for Casey every time. You will be in good hands!read more

Danielle George

11:48 22 Sep 19

Wonderful experience. Fast and easy - all done from my home (except the closing paperwork signing). Manny responded to all of my questions quickly and so that I was sure to understand!

Kristina Vitale

16:40 20 Sep 19

Buying a house is daunting for most. Especially someone like myself who barely has enough energy or time to do anything for themselves. It's a lot of time, money and moving pieces. Premier Lending is a perfect partner to lead one through this process. It's a personal experience for them. Not only did they take their time explaining every step to me, they were so detailed going through this process with me that they actually catch discrepancies that could have cost me in the long run. Go with Premier to have a seamless lending experience!read more

miguel portu jr.

01:05 11 Sep 19

Premier lending club made the buying process for a property so easy. Their staff made it a smooth transaction and there customer service and follow up is superb. It’s a company that you can trust with your eyes close , which is very hard to say in this day in age. Very happy with my property and look forward to using them again on my next property investment.read more

Natalia Echeverri

15:40 23 Aug 19

There are no words to express my gratitude with this company.. the level of commitment and care for the client is outstanding. I will recommend Premier Lending with my eyes closed, as a buyer, as a seller and as a Real Estate agent.read more

Natalia Echeverri

15:40 23 Aug 19

Lindsay Iacomini

04:00 13 Aug 19

If you are in need of a home mortgage, look no further. Manny at Premier Lending Corp is the BEST!! he is honest, knowledgeable and always available to answer any questions - even after business hours. As a first time home buyer, Manny made the process easy to understand and working with him was a pleasure!read more

James Avello

21:10 09 Aug 19

As a real estate and title attorney, I work with loan officers, banks and lenders daily. I'd like to give recognition to Casey Boyd at Premier Lending Corp for always being very responsive and communicative throughout the closing process. I have closed multiple loans with Casey and all have gone smoothly, largely in part due to Casey's diligence. Highly recommend.read more

King Dragon Martial Arts Felsot

23:00 07 Aug 19

Manny is a very professional and very responsive throughout my whole refi process. He got me a great rate and the process was painless. I will definitely use Premier Lending Corp in the future. Thanks, Darrenread more

Walter Brandt

16:58 05 Aug 19

Working with Manny and his team, was the best that could happened to us. This was our first home buying experience, and we do not only felt very well cared, but also got a great deal with the mortgage. Thanks for all, and we will recommend for sureread more

Robbi Auerbach, Realtor

00:41 05 Aug 19

I work with many lenders on a daily basis. Justin Rode was an absolute professional! Completely on top of the transaction, easy to work with and always available. Could not ask for more!

Dorothy Boylan

14:23 26 Jul 19

This was our third refinance with Premier. Working with them is utterly seamless and extremely efficient. Manny and his team is extremely knowledgeable, friendly and great to work with. We would not go to another lender EVER!read more

Nelson H

19:19 25 Jul 19

This is my second time closing a mortgage with this company. I was helped out by Manny Fajardo which once again with his hard work and professionalism exceeded my expectations. I have closed a lot of mortgages and refinances over the years and I can attest that this is the best company that I have ever worked with. No nonsense and they deliver what they promise.read more

Lindsey Linsenbardt

20:35 02 Jul 19

Premier Lending Corp was excellent. They made the process of buying a home a breeze for my husband and I. Manny was 100% the best mortgage broker ever. He kept us updated every step of the way and was extremely timely. Couldn't have had a better experience!!read more

Jesse Adorno

15:49 22 Jun 19

The best experience ever with Premier Lending Corp! The staff was there to answer every single question and guide us through what we thought was the daunting task of buying our first home. Working with PLC is a no brainer and I recommend anyone looking for a home to contact them beforehand. Very warm/welcoming family atmosphere and they find you the best rates out there! They helped us get into the place of our dreams without any issues.read more

John Demarco

23:50 03 May 19

Manny, we want to thank you for doing such an amazing job securing financing for us. You definitely got us an excellent rate that was better then the very best offers out there, you also came up with a very smart financing strategy that also was very beneficial to us when buying our house, It was evident that you really took the time to research all the options that were afforded us. You answered every question we had and identified important items before, during and after our closing which we much appreciate. The time and effort you put into our loan and closing process is very obvious and again we want to thank you for everything you did for us. John & Rebeccaread more

Iselore L.

00:39 27 Apr 19

When I first heard about how excellent was Premier Lending, it was just a phone call away and everything was done perfectly and timely. My lease was about to expire in less than two months when I started the process. I did not think they could have made it possible before the expiration date. I gave them a try and they’re delivered seven days before my lease expiration date. I was so excited, Premier Lending made it happen. I am a new homeowner and a first time buyer, Thanks to the awesome crew. The service was quite easy and excellent. They patiently listen to my concerns and get back to me with the right answers. I can tell you that I started that process with no knowledge they make me an expert. Great Company, I will recommend them to anyone.read more

Shareen Jabbari

18:24 12 Mar 19

This company is everything. Justin Rode is my go-to mortgage expert and he always delivers. We've worked on several deals and I am never disappointed as he does all that he can to accommodate our clients. Always picks up the phone and gets our deals to the closing table. I highly recommend this company.read more

caren davila

04:06 06 Mar 19

I am so happy to have been introduced to this amazing broker Justin Rode. I am a first time home buyer and I didn't know about the process, he made sure to explained everything step by step and help me understand the process. He help me in every single step of the way and made less stressful experience. thank you Justin Rode for making happened you are awesome!read more

Sonia Valdes

16:20 27 Feb 19

I have had the pleasure of working with Manny Fajardo at Premier Lending Corp. twice in the past two years and have appreciated the high quality customer service he has provided! Upon obtaining a second opinion with Quicken Loans on my refinancing, I was told that they could not offer me a loan at this time. Manny made it work and thanks to him I successfully refinanced my condo in just two weeks. He is very professional, thorough, and pleasant to work with. Thanks Manny and your team for a wonderful experience. I will definitely refer and use your services in the future!read more

Marissa Smith

16:37 11 Dec 18

Buying a home is exciting! But it can also be an intimidating process. What we needed was someone to guide us through the details and make us feel comfortable with one of the biggest purchasing decisions we have ever made. That is exactly what Juan Fajardo at Premier Lending Corp did for us. He answered every call, email, and text. Every question was answered, and he did so promptly and professionally. We really couldn't ask for more. He even came to our closing. Truly a great experience all around.read more

Tim Emanuel

04:09 02 Jun 18

Thanks to this awesome team for all their assistance on the process of financing my first time home purchase. Manny has been nothing but friendly and helpful throughout the entire process. No question was unimportant! Throughout the process, for almost a year Manny and his team assisted us in our home search. Many made sure we knew what we could afford, what various financing options would mean to us, and gave us all the information we needed to make an educated decision on how we wanted to fund our home purchase. He was always available when questions arose, and he was beyond helpful in guiding us through the process after our offer was accepted. PLC offered us nothing but their best, we highly recommend them to all our friends and family! Thank you Manny and PLC! :-)read more

Barbara Thomas

00:48 19 Jul 16

As first time home buyers, we had lots of questions and needed a lot of trusted guidance. Premier Lending Corp walked us through each step of the process making it a much easier process than we had anticipated. Thanks Juan! read more

Johnny Perez

01:45 28 Sep 15

I can't say enough about my experience with Premier Lending. I knew that I needed a professional to help me with all my mortgage needs when purchasing my new home. Juan Fajardo did an exceptional job. He was extremely attentive to all of my concerns. He answered all of my questions immediately. He made the experience of finding the right mortgage (which could potentially be a stressful time for a buyer) carefree. Since I started working with Juan, I felt that he always had my best interest on his mind. He assured me that my transaction would go without a hitch...and he delivered. From always keeping me informed with any issues at hand to even sitting with me during my closing, Juan made this experience second to none. I would recommend Premier Lending to anyone who wants a great experience finding a mortgage and wants someone to look out for their best interest. I am grateful to Juan and Premier Lending and because of the fantastic experience that they provided. If I am ever in need to a mortgage, I will definitely go to Juan again.read more

Rodolfo Zubiate

18:24 12 Jan 15

Buying a home is an extremely overwhelming and scary process. At least it was for me at first with this being my first home. But the second I met with Premier Lending all those feelings went away and I immediately felt a sense of comfort and security, and I knew a had a great team behind me helping me through out the entire process.I had the pleasure to work with Manny Fajardo, who was always available to answer any question or doubt I had, and he always made it clear that he had my best interest in mind. He fought to get me the best rate possible and made the entire process pain free. I'm extremely happy with my home, and I have only Premier Lending to thank for that. I definitely recommend going with Premier Lending, even if you have questions and aren't sure about buying a house. They will guide you and put you in the best possible scenario.Thank you guys!read more

Brooke Nelson

19:22 14 Oct 14

I recently purchased my very first home and I cannot say enough about Manny and Premier Lending. As a first time home buyer I was very uneducated in this area and Manny took the time to explain each and every step of the process. He was always available when I had questions and worked diligently and had all paperwork done and put together in record timing. I would HIGHLY recommend him to anyone who is looking for a mortgage broker.read more

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Premier Lending Corp is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.

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