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 446 reviews

See all reviews Write a review

Mona McNulty

21:36 02 Jun 23

Jordan and his Team at Premier Lending were Very Professional and GREAT to work with. Jordan was always responsive throughout the whole process, made sure my client got the best rate and terms available for him. They exceeded all our expectations, They are the Best at what they do! I highly recommend Jordan Nicolosi to anyone in the market for a mortgage.

Jesus Salcedo

03:31 30 May 23

Thank you Alexis. Alexis, you were very helpful during the whole process.We were able closed with no issues.You did a really good job answering all my doubts and providing me great advices in this our first home.

Claudine Anderson

00:25 26 May 23

Words cannot express the gratitude that I have for Jaime, Tuly , Pia and all that worked on my file including ATN Advisors Title Network. I would give more than 5 stars if I could! My experience has been memorable and a GREAT experience! I have heard people say how stressful buying a home can be. I must say this team made it a great experience for me. I HIGHLY recommend Premier Lending Corp in Cooper City. Don't get discouraged by the market or by people saying don't buy, often time, these are people who already have a home and you are still renting. Make your dream a reality! If I did it you can too! Jaime and his crew will help you on that journey. If you are thinking of getting a home give them the opportunity to make it a reality for you too. Broward County Assistance program is also available and they will guide you on how that works as well. I am so thankful and I got my KEY to my new home. Thank You Jaime !!!!

Hector Escamilla

17:55 24 May 23

THANK YOU! Words cannot express how much Alexis has helped me throughout my first time home buying process. She was patient and answered ALL my questions. She was a pleasure to work with and no matter what came up she knew how to resolve and continue to move forward! I will recommend her to all my friends and family and hopefully come back to her for future properties. Thank Alexis and Premier Lending!

Lucy Villa

17:37 22 May 23

Alexis V. Was the sweetest, most patient, kind person I could ask for during our first home buying experience. She was so understanding and always willing to sit and explain everything into detail considering it was our first time. So grateful to have been recommended to have her handle our loan process, 10/10 recommend reaching out if you’re in need of a stress free, smooth home buying experience! She is hands down the absolute best! Can’t wait to be able to refinance, will 100% work with her again in the future!

Alex Martin

00:12 21 May 23

I’m a realtor in Volusia County and I just recently had the pleasure of working with Jordan Nicolosi and it was superb. He was extremely prompt with his follow up and got us CTC way ahead of time. I look forward to doing more deals with him in the future. Thank you Jordan

Jerry Camero

17:35 09 May 23

Jordan was excellent. Very professional, great communication skills, and was constantly on top of everything. Most importantly treated my clients the way they deserved. I am very happy to have worked alongside Jordan and Premier Lending Corp and making my buyers experience as enjoyable as possible. No complaints at all, Jordan Nicolosi did everything right as expected and look forward to working with him again. I highly recommend 10/10!

Pamela S. Ortiz

21:41 04 May 23

Working with Jordan and the PLC team was a delight! Jordan made the entire process feel like a breeze from beginning to end! We are so grateful for having undergone such a seamless process following Jordan's recommendations for the best loan options tailored to suit our needs. We highly appreciate his expertise and constant follow up to ensure everything went smoothly for us! We can't thank Jordan and PLC enough! :)

Chanel Marie

20:22 28 Apr 23

David Perilla was the best to work with! He was very responsive even when he was out of the country. He was also very willing to explain any and everything, line by line, and I had LOTS of questions. He remained patient throughout! Would definitely recommend working with him and we will be back for all of our future needs. Thanks David! You da best!

michelle saldarriaga

14:44 28 Apr 23

Our experience with Premier Lending Corp was amazing thanks to David , he was always available for our questions and very transparent. The selling of my old house and the buying went so smooth that I got to enjoy the whole process knowing i was getting the best out there ! Thanks again David and I will deff recommend you for my love ones and my future real state needs !

Andres Manjarres

02:21 27 Apr 23

Jordan Nicolosi and Maria Pia Adorno made our experience a great one, which based on my experience within the financial services industry is hard to achieve. Historically speaking obtaining a mortgage is nothing but headaches, but this duo really kept the process moving along. The main reason why I enjoyed working with Jordan and Pia was because they were constantly in contact with me and when I needed to speak to them I would get them after 2-3 rings (Unheard of).

Myiesha M

02:07 26 Apr 23

My family and I had a great experience with this group. David and Maria were very swift with the response. David was very thorough, detailed, and reliable. 10/10 service

Keila Acevedo

14:02 24 Apr 23

Best service by the loan officer Elias Loredo. Great at communicating with buyers and agents. Smooth and fast process from pre approval to closing. The best!

Kathleen Vazquez Padilla

18:48 20 Apr 23

Excellent he take my spectatic to the Max.

Crystal May

02:49 08 Apr 23

Our broker, David was the best! He was there to answer any question day or night and gave us so much insight on what we would have been paying with other companies. We initially went with a bigger company and thanked him for his time but we came running back, with our tail tucked between our legs. He was right all along. So thankful he and the entire compnay was there to help us close on our house in just 7 days!

Kimberly Hall

18:12 05 Apr 23

I had such a great experience working with Jordan Nicolosi with Premier Lending Corp. This was my first time going through the process of a mortgage and Jordan was so helpful and knowledgeable. He took the time to explain everything to me along the way and reassure me. Jordan was always available via email, text, and phone even after hours and on weekends which was so helpful for me since I work overnight shifts at the hospital and not a typical schedule. The whole process was smooth from start to finish. I look forward to working with Jordan again in the future and will definitely recommend him and his company to anyone.

Felipe Pardo

14:48 29 Mar 23

Contrary to other firms, we were able to Handle and secure a loan with Alexis extremely fast.It was a very smooth process, she was Responsive and efficient with all her communications and follow ups.

Eb Ne

23:51 22 Mar 23

Special thank you to this company! I worked with Jordan-who gave me everything I needed every step of the way. Coming from a terrible experience, he turned around my first investment purchase into something special ! And with a quick turnaround.I am grateful and look forward to working with him and this company again!!!! Thank you !!!

Justin Baxter

15:13 05 Mar 23

Cannot say enough positive things about Johanny and the PLC lending team. From start to finish the process was seamless, and the PLC team got everything completed and approved quicker than anyone anticipated which gave us the option to close weeks early. Johanny was available whenever we had questions and genuinely cared about getting things moved forward for closing on our new home. Thanks Johanny and the entire PLC team!

William Yoham

16:18 27 Feb 23

David was the best. He helped me out through the whole process from bringing to end. I highly recommend him for anyone who is buying a home. He made the process easy and simple.

Gregory Stouffer

12:11 23 Feb 23

Jordan and his team were absolutely outstanding. Jordan was thorough and highly effective. Premier closed my loan extremely quickly. I will never use another lender again. Highly recommend Jordan and his team.

shon Sant

01:41 14 Feb 23

It was a pleasure having David Perilla as my loan officer. He was extremely pleasant and efficient which assisted in making this home financing process pleasant .He actually went over and beyond to assist me and I'm sincerely grateful.i appreciate his professionalism, expertise, and patience. i will indeed be referring others to him.

nic teems

12:23 07 Feb 23

Mike and Dave are grea! They answer the phone no matter what day or time it is and have the most competitive numbers when purchasing a home. Highly recommend!

Angella Plummer

22:27 06 Feb 23

Great company, an Great people, they make me feel so comfortable, the process was quick , thanks again. 😊 an this is just one of many,

Mitchell Jackson

18:08 02 Feb 23

Great service and helpful!

Jason and Casey Demata

16:08 02 Feb 23

It was a pleasure working with the Premier Lending, specifically Michael Savitt and David Civita. From the beginning they were always forward and transparent with how they would approach things. They were very friendly and personable, available at almost any time we needed help. They got results and they got them fast! We were working with another lending company and ended up choosing Premier due to their amazing rate and better customer service. As a first time homebuyer the process can be very intimidating but they walked us through everything and set us up for success. Thank you Mike, Dave, and the entire Premier Lending Corp team!

Pierre Davila

21:30 01 Feb 23

Jordan was excellent.Great service from start to end, help us on everything and any difficult moments during ur refinance process.Very patient and communicative I will highly recommend Jordan for any purchase loan or refinance of the properties and definitely will use his services in the future.

Derek Bennett

23:02 23 Jan 23

Alexis Vanlandingham was an absolute pleasure to work with! She was incredibly punctual, very communicative, and went well above and beyond to make sure everything was perfect! I could not be happier with my service.

Alexander Castro

18:50 23 Jan 23

David at Premier was fantastic and I'd absolutely recommend him to others looking to get financing for their needs.He was very professional in being able to keep me up to date on options, rates, and communicating with various parties to ensure there were no issues (home purchase).Anyone who is looking for help with getting financed should definitely consider working with Premier, they are in my eyes a very reputable company.

Kristin Gibson

21:22 06 Jan 23

Jordan was fantastic! He helped us through every step and moved things along incredibly quickly. He helped us get a reasonable rate and all went smoothly. I highly recommend him! Thank you, Jordan!