Our process in 3 steps Here are the basic steps in order to get approved for a Home Loan or Refinance through City State Financial. LEARN MORE >>

Non-Traditional Home Loan OptionsGet Pre-Qualified

  • 1-Month Bank Statement Loans
  • 12-Month Bank Statement Loans
  • 24-Month Bank Statement Loans
  • 12-Month Tax Return Program
  • Asset Depletion Loans
  • Cash Flow Loans
  • Commercial Loans
  • Conventional 97% LTV
  • Conventional 99% LTV
  • Family Ready
  • FHA 96.5% LTV
  • FHA 203k Steamline
  • FHA Reverse Mortgage
  • FHA Refinance
  • FHA with 550 Fico
  • Foreign National Full Doc
  • Foreign National Refinance
  • Home Community
  • ITIN Non-Citizen Loan
  • Jumbo Loans 90% LTV
  • No-Doc Loans w/ Fico
  • No-Doc Loans / No Fico
  • Puerto Rico Borrower Loan
  • Reverse Mortgage Purchase
  • Stated CondoTel Loans
  • USDA Streamline
  • VA Jumbo Loans
  • VA Streamline (IRRRL)
  • Bank Statement & Cash Flow Loans
  • Tax Return Program
  • Asset Depletion Loans
  • Commercial Loans
  • Family Ready
  • Foreign National
  • Home Community
  • ITIN Non-Citizen Loan
  • Jumbo Loans
  • No-Doc Loans
  • Puerto Rico Borrower Loan
  • Reverse Mortgage Purchase
  • Stated CondoTel Loans
Learn More

Traditional Home Loan OptionsGet Pre-Qualified

  • Conventional
  • FHA
  • USDA Home Loan
  • Veteran’s Affairs Home Loans (VA)
Learn More

FHA Home Loan – Traditional

  • Great for First Time Home Buyers!
  • 3.5% down payment required – Can be a gift!
  • Seller can contribute up to 6% of the borrower’s closing costs.
  • Flexible mortgage guidelines.
  • 96.5% LTV
  • 580 Minimum Score
  • 620 Minimum Score for FHA Elite, $125,000 Minimum Loan Amount
  • DTI up to 56% with DU approval
  • 4 years out for shortsale /foreclosure/ DIL
  • MI .85% maximum
  • Financed MIP 1.75%
  • Max loan amount (including financed MIP):

FHA – Portfolio Loans

  • 580 Minimum Score
  • 56%+ DTI with DU Approve Eligible
  • 49% DTI cap with Manual Underwriting

USDA Home Loan

  • A fixed interest rate for the entire life of the loan.
  • Low down payment options available for qualified borrowers.
  • Loan amounts available up to $417,000.00
  • 10, 15, 20, and 30 year terms available.

Veteran’s Affairs Home Loan

  • No monthly mortgage insurance.
  • Credit scores as low as 620
  • Flexible mortgage guidelines.
  • Seller concessions up to 4% of the reasonable value of the property.

Conventional Home Loan – 1% Down/Power Purchase Grant

  • A fixed interest rate for the entire life of the loan.
  • Loan amounts available up to $417,000.00
  • 10, 15, 20, and 30 year terms available.
  • Low down payment options available for qualified borrowers.
  • 1% Down (*2% Lender Contribution), 97% LTV
  • 640 Minimum Score for BPMI
  • 680 Minimum Score for LPMI
  • 49% Max LTV
  • DU: Approve Eligible/ no manuals
  • Income Restrictions by county (Orange, Osceola, Lake, Seminole: $62,900, Volusia: $55,100, and $53,600 Polk)
  • Primary or Secondary Homes only (No Investment Properties)
  • Close in 4 Weeks

HIGH Balance Loan Amounts $484,351–$726,525

  • Up to 90% LTV
  • 680+ credit score
  • 43% Max DTI
  • Must be DU Approve/Ineligible
  • Primary or Secondary Homes only (No Investment Properties)
  • Close in 15 business days (pending appraisal turnaround)

Jumbo Loans from up to 1.5 million

  • 700 minimum Score
  • 80% LTV
  • Primary and Secondary Purchase Loans and Refinances
  • 90% LTV available for 720 minimum scores with LPMI for primary residences only with 43% max DTI

Have Questions?

Have Questions?