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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Sara Bergida

20:07 22 Sep 22

I had the pleasure of working with Alexis VanLandingham for my loan and she is AMAZING!! Highly recommend if you are looking for someone professional, responsive, knowledgeable and genuine. She made this experience truly easy and I am so grateful!

Giovanni Velez

12:50 20 Sep 22

Thank you Alexis for helping us refinance our loan. You made the process run smoothly and never missed a beat.

RONALD WABOMNOR

16:12 16 Sep 22

Johanny and his team were amazing from start to finish. As a first time home buyers, he was very patient and walked me through exactly what to expect. Johanny answered all my calls, texts, and emails in less than 2 hours regardless of the time or day of the week. My realtor was sooo impressed with Johanny as he had us ready to close in less than 3 weeks. He had truly made this home buyer process EASY, especially in this market. I’m beyond grateful and can’t wait to work with him again!

Candice Xavier

01:07 14 Sep 22

Jordan Nicolosi with Premier Lending Corp was incredible! He is genuine, extremely knowledgeable, and always available to answer any questions we had along the way. Jordan made our home buying process seamless and stress-free. He even went out of his way to attend our closing! I cannot recommend Jordan enough. He will guide you every step of the way and treat you like family. Thank you, Jordan!!

01ceanna

14:27 31 Aug 22

Jordan was a pleasure to work with. He was punctual and professional during the entire process..

CALL THE COMPS

00:35 27 Aug 22

Jordan Nicolosi is reliable, informative, and a true professional. When my clients need financing, I can send them to Jordan and that’s one less thing I need to worry about. I know they are in good hands.

David Santiago

17:31 24 Aug 22

Juan is spectacular! We’re not too savvy when it comes to this stuff especially as first time home buyers. But Juan really made the experience stress free and helped us through every step. He made sure to explain everything clearly, and didn’t get upset every time we asked him to repeat. He went above and beyond and we definitely recommend working with him.

lee “Lasorama” s

22:35 22 Aug 22

I worked with Juan on buying my first home recently and I can confidently say there is no way in the world I could have done it without him. He was available at any time of day any day of the week. He answered every single question we had and helped move our closing process through as smoothly as it can be done. I can not recommend him enough.

nicbongo

20:47 19 Aug 22

Over what was a very difficult experience buying our first home, Michael was a consistent beacon of support, pretty much available 24/7 and communicating whenever needed. The few times they didn't know something or misunderstood (new system), he remedied as fast as he could, which is all you can ask!Thanks for all your help Michael and team! We'll be reaching out when we're ready to refinance 👍

Stephen Gorey

14:47 16 Aug 22

Casey was always available when I needed him and very knowledgeable !

Monique Victor

02:40 16 Aug 22

Premier Lending Corp has efficiently helped me and provided 100% service on time. Justin was working with me and he knew what he is doing. He is nice, patient, knowledgeable and always made me understand every process during the purchase of my property. Thank you so so much Justin you are definitely a great asset for that company

Evelyn E

18:00 04 Aug 22

Sometimes you need a great lender to purchase a new home, and sometimes you need an exceptional lender to immediately rescue you from a reverse mortgage nightmare. I will forever be grateful for the home I inherited, (although attached to a reverse mortgage), and the immediacy for which Jordan Nicolosi and his team acted to help me. From the moment I reached out, he was a hundred percent devoted to saving my family home. To say time was an integral part of this challenge was an understatement. In less than 20 days- we just closed on my family home. Through the process Jordan and his team were professional, available via text, phone or email-usually within minutes, and acted with kindness, patience, and as much concern in tackling this matter as quickly as it demanded. Without hesitation, I highly recommend Premier Lending for all lending needs.

Porfirio Orellana

19:24 25 Jul 22

I recommend him very persevering he does not give up very focused on the case Thank you very much Mr Elias

DAVENS DEVILLE

17:38 12 Jul 22

I can’t imagine how Jordan stepped in at the last 2 weeks and be able to make this happen very quickly. I closed in less than 2 weeks. Thank you so much Jordan and your team Premier Lending. When it comes to Mortgage y’all the best!

Aileen Farrar

12:50 08 Jul 22

My friends referred me to this company, specifically Juan Fajardo and Casey Boyd. I worked primarily with Casey, who was amazing. He was responsive, thoughtful, clear, and always invited more questions. I also felt like he actually paid attention to the details of my case and made it possible for me to obtain the loan I had hoped for. I had also shopped around with two other mortgage companies, and neither came close to being as helpful. I highly recommend.

crystal

19:15 01 Jul 22

Casey Boyd at premier lending was our mortgage broker and he was great. He was right there by our side throughout the entire process. He was extremely professional and informative and helped ease our minds through this journey. My husband and I are both extremely satisfied with his service and definitely plan on using him again with any of our future real estate endeavors.

Nicaury Suazo

14:05 01 Jul 22

I couldn’t be more grateful to Casey Boyd for helping me purchase my first home. As a nurse with complicated differential rates and per diems, Casey tirelessly fought for me to get the best rate and loan possible. I honestly don’t think I would have gotten this house had I gone with anyone else. Thank you!!!!!

Courtney Arcaro-Becker

18:01 30 Jun 22

David Perilla was fantastic! He provided us with several options and explained them in terms that we could understand. He was fast getting back (we had an urgent need to refinance) to us and followed up with us throughout the process. I would definitely recommend David Perilla

Diego Jose Molina Arteaga

21:42 29 Jun 22

Rich Duran

18:20 29 Jun 22

Casey Boyd and Juan Fajardo plus everyone else in their team at Premier Lending Corp were fantastic, each person help us tremendously and guide us in obtaining a loan at a very good percentage rate in todays economic. I will definitely reach out to them again for my home loans.Thank you again to the TEAM at Premier Lending Corp

Hydralife Water Services

17:52 24 Jun 22

So we starting on our journey to find a home and we were having trouble finding someone solid to help us secure a mortgage. We had david and 3 different ppl working with us from other companies trying to find us a lender. David was patient and persistent and was able to find us the best deal for our home. Would recommend him to anyone who needs a home especially first time homebuyers. Thanks David perilla

jennifer hosea

18:40 16 Jun 22

Juan and team are amazing! Great follow up and attention to detail! will absolutely use again!

Michael Gazzola

13:36 13 Jun 22

Elias was super helpful and expeditious in getting my loan all squared away after I had to change lenders about a week before my closing date.

Daniel Moran

01:29 10 Jun 22

I wish I could give higher than 5 stars. The Premier Lending Corp team is amazing and provides the best customer service experience possible. Jordan Nicolosi is a true professional that acted as a trusted guide during each step of the process. His experience in each phase of the process reduced my stress and made me more confident in the process. I'd highly recommend PLC to anyone looking to make a new house purchase or refinance!

Max Wyler

20:16 03 Jun 22

I recently refinanced with Premier, my financial situation is tricky, I own several businesses so showing regular income is difficult. I had two previous mortgage try to refinance my home and the both companies failed. Someone suggested Juan and Premier and they got it done. What I liked most was how organized they are. They got me a great rate and I am set for the next 30 years! Don't waste your time with the "mortgage machines" who are all about volume, Juan and his team at Premier are the people to get it done!

Oral Lawrence

19:28 31 May 22

I recently refinance my mortgage with Premier Lending and I can honestly say I'm so happy and grateful for the professional service that they provided. I want to take the time to thank my main man Jordan Nicolosi for the countless hours he put in all texts messages back and forth and the missed phone calls etc. But in the end he came up big. He got me a great rate and made me a happy man. Thanks again Jordan for making it such a smooth process. 👌 I would definitely recommend Jordan Nicolosi for all your financial needs a true professional.

Kate Delaney

15:30 30 May 22

Incredibly responsive and always available no matter what the time day or night. Interest rates were climbing, the clock was ticking, and Premier came through especially Federico Larossa.

Syl Mcg

04:11 26 May 22

Juan Fajardo was great. Answered quickly and explained everything. I have recommended him to several people such a positive experience.

Richard Walde

21:28 24 May 22

My wife and I couldn't be happier with the experience we had with Jordan Nicolosi at Premier Lending Corp! He assisted us with the purchase of our first home and his expertise made for an extra smooth process. We highly recommend him for all your lending needs!

Meredith Acierno

15:40 18 May 22

We recently worked with Jordan on the purchase of our new home. From day 1, Jordan made himself available any time we needed him, fielded my endless questions and help to reassure us that we would get the deal done. He was a pleasure to work with!