Chris Luis, My Favorite Mortgage Broker 
"I work for you, not the banks." 
NMLS 888571

CLuisMortgages. LLC             
MBR 1575, NMLS 1159714                                       
t: 800.991.3268
f: 800.718.1862
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$0 Down FHA Mortgage 

This loan program is available for home buyers with excellent credit, but no money for a down payment. 

It is ideal for First Time Home Buyers, if you have good credit, and your family income is over $50,000. 

This is a limited program and not everybody qualifies as the program serves those with strong credit.  

Who: Any qualified buyer including first time home buyers.  

Credit: Minimum Score 640. No bankruptcies the past 4 years and no foreclosures the past 7 years

Income: Ideal income $52,000 and no maximum.  

How it Works: you put 0% down and the lender gifts you 3.5% as a 2nd mortgage at closing. If your income is 15% below the median income level for your county, your 2nd Mortgage forgiven after 3 years of on time payment. If your income is above median, must pay off 2nd mortgage in 10 to 30 years. Median income @$62,000 depending on county.  

Other Terms: Rates depend on credit score and size of loan. 

Loan Sizes: $150,000 to $275,000. 

Some counties can go higher: 

  • Sarasota to $285,000; 
  • Miami & Jacksonville Areas to $345,000.

Write or call me to see if you qualify.  



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