Brevard Business Connection

Home Lending Source is a full service mortgage lender; we fund our loans with our own warehouse lines of credit. Our loans are originated, processed, underwritten, and closed in-house in our name, in our own branches and our Support Services Center. We focus on service; our operations team strives to close loans in as little as one-sixth the time of our competitors, and by breaking down the walls between sales and operations staff, we can create a more understandable and transparent process for our borrowers. We believe in making ethical common-sense loans that benefit the customer, our real estate partners, our company, and our investors.

We offer a variety of loan products, including:

• FHA – low down payment mortgage loans, only 3.5% down payment
• VA – mortgages designed to give our Veterans 100% mortgage financing
• USDA Rural Housing – mortgages backed by the USDA that allows for 100% financing in designated areas of the county
• 203k Streamline – 3.5% down payment mortgage that allow for property rehabilitation up to $35,000 that are financed into the loan,
• 203K Full – 3.5% down payment loans that allow for property rehabilitation over $35,000 that are financed into the loan.
• Conventional Conforming Mortgages – 5% or more down payment mortgages
• Fannie Mae ReFi Plus – refinance loans up to 125% of the property’s value.
• Jumbo Loans – mortgage over the $417,000 conforming loan limit
• State and Local Bond Programs – mortgages that work with state and local down payment and closing cost assistance programs
• HomePath Mortgage – mortgages for buyers of Fannie Mae owned properties including condos
• Reverse Mortgages – for borrowers over 62 with equity in their property who refinance and make no payments for the remainder of the time they live in the property or purchase a home with a large down payment and make no payments for the remainder of the time they live in the property.
• Foreign National Program – loans designed for foreign national wishing to purchase home in the United States