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Winter Park Branch

Winter Park Land Home Financial FHA Jacob KuzmanWinter Park began when an eight-acre parcel purchased in 1858 by David Mizell, Jr. He called the area Lakeview. In 1881, Loring Chase bought 600 acres of land with Oliver Chapman and by late summer the town of Winter Park was plotted.

Winter Park land Home Financial - Jacob KuzmanThe next year, 1882, the railroad depot was constructed and was distinguished as the town’s first building. Chartered in 1887, the City was developed as a winter resort for wealthy Northerners seeking refuge from the harsh winters and a tranquil place to live. Lakeview was renamed Osceola in 1870 and included in the area renamed Winter Park in 1881 by Chase and Chapman.

The two men were engaged in an informal discussion and decided they wanted the name to be something about a park in the winter thus the name Winter Park.

 

Winter-Park-Sidewalk-Art-Festival-Land-Home-Financial

Today, Orange County city of Winter Park, is situated north of Orlando, as was once considered a winter resort. The arts and culture-filled city of Winter Park includes Rollins College and the Charles Hosmer Morse Museum of Natural Art.  In Winter Park, you will find more than 70 parks, all home to various events, festivals and celebrations throughout the year. Click Here for a Complete Calendar of Events

 

Winter Park Land Home Financial Home Loan Jacob Kuzman

Enjoy a variety of amazing culinary wonders along the boardwalk of Park Ave. Not to mention the trendy vibe that exudes throughout the streets. Winter Park also is also a nature lover’s destination. Explore More of Winter Park Here

 

Winter Park Land Home Financial FHA Jacob Kuzman
The Winter Park Chain of Lakes consists of six lakes connected by navigable canals – Lake Virginia, Lake Mizell, Lake Osceola, Lake Maitland, Lake Nina and Lake Minnehaha. The lakes are popular for paddleboarding, kayaking, waterskiing, boating and fishing.
Winter Park land Home Financial A tradition of academic excellence and high regard for the arts in all forms has resulted in the nationally recognized Winter Park Sidewalk Art Festival, the Bach Festival, a strong drama community with many fine presentations each year as well as an almost continuous round of recitals, exhibitions and other manifestations of culture and arts.

Visit our Office: 3001 Aloma Ave Suite 207/208  Winter Park, FL 32792


Choose the Right Home Loan

Unless you can buy a house entirely in cash, finding the right house is only half the battle. The other half is choosing the best type of home mortgage. Since you’ll likely be paying back your mortgage over a long period of time, it’s important to find a loan that meets your needs and your budget.

What Is a Conventional Loan?

A conventional mortgage or conventional loan is any type of home buyer’s loan that is not offered or secured by a government entity, but instead is available through or guaranteed by a private lender (banks, credit unions, mortgage companies) or the two government-sponsored enterprises, the Federal National Mortgage Association (Fannie Mae)and the Federal Home Loan Mortgage Corporation (Freddie Mac).

Land Home Financial FICO ScoresConventional Loans have a minimum credit FICO of 580* along with a few other requirements. We offer down payments as low as 3%**(requirements vary based on occupancy type). This type of loan applies to owner occupancy, second homes and investment properties. Now, there are gifting funds that are allowed on owner occupied and second home properties. Mortgage insurance is required when the loan-to-value greater than 80%. Lastly, seller contributions of 2% to 9% depending on the loan-to-value and occupancy type.

 

What is an FHA Loan?

The Federal Housing Administration (FHA) is a U.S. agency offering mortgage insurance to FHA-approved lenders that meet specific qualifications. Mortgage insurance protects lenders against losses from mortgage defaults. If a borrower defaults on a loan, the FHA pays the lender a specified claim amount.

Land Home Financial FHA LoanThe primary goal of establishing the FHA is to stimulate the housing industry. The underlying idea was that by providing insurance to lenders, more individuals, or customers, would qualify for mortgages to buy homes. Most FHA Loans are for individuals who could not afford, and would not ordinarily qualify for, a traditional home mortgage loan.

Specifically, FHA Loans have a minimum credit FICO of 580 (620 for high balance loans and cash out refinances) along with a few other requirements. We offer down payments as low as 3.5%**(requirements vary based on occupancy type). This type of loan applies to owner occupied properties. Now, there are 100% gifting funds that are allowed for this type of loan. Upfront mortgage insurance premiums (UPMIP) financed monthly Mortgage Insurance required. Lastly, seller contributions are allowed up to 6%.

How about a VA Loan?

The Veterans Administration was formerly an independent government agency founded in 1930, at the height of the Great Depression. Commonly referred to as “the VA,” the organization provided patient care, veterans’ benefits, and other services to veterans of the U.S. armed forces and their families. It also provided this group with disability compensation for those who were injured or contracted a disease while serving, education and training, medical, surgical, and rehabilitative care, readjustment counseling, bereavement counseling, surviving spouse benefits, care and benefits to homeless veterans, medical research, life insurance, vocational rehabilitation, headstones/burial markers, and home loan assistance.

Land Home Financial VA LoanTo be eligible for a VA-guaranteed home loan, veterans must have served on active duty in the Army, Navy, Air Force, Coast Guard or Marines. The specific service requirements will vary, depending on the time period during which a veteran served. A certificate of eligibility is required to obtain a VA loan, and the loan can be obtained through any mortgage lender who participates in the VA home loan program.

The VA-guaranteed home loan is one of very few 0% down payment loans available in the United States. A minimum FICO of 580 (620 for cash out refinance, 640 for high balance loans). Occupancy rules are for owner occupied, there’s 100%gift funds allowed, Upfront funding fee may be financed, there are no monthly Mortgage Insurance is required and seller concessions are up to 4%.

 

What is a USDA Home Loan?

Perhaps you feel more at home surrounded by pastures than pavement. If so, buying a home might be well within reach, thanks to the U.S. Department of Agriculture mortgage program. In fact, the USDA might have one of the government’s least-known mortgage assistance programs.

A USDA home loan is a zero down payment mortgage for eligible rural and suburban homebuyers. USDA loans are issued through the USDA loan program, also known as the USDA Rural Development Guaranteed Housing Loan Program, by the United States Department of Agriculture.

Land Home Financial USDA ApprovedSpecifically, FHA Loans have a minimum credit FICO of 620 along with a few other requirements. No down payment is required and applies to owner occupancy. Additionally, there are 100% gifting funds that are allowed for this type of loan. Upfront mortgage insurance fee may be financed and lastly, seller contributions are allowed up to 6%.

The Bottom Line

Choosing the loan that’s best for your situation relies primarily on your financial health: your income, credit history and score, employment, and financial goals. We can help analyze your finances to help determine the best loan products. Also, we can help you better understand the qualification requirements, which tend to be complex. A supportive lender or mortgage broker may also give you homework—targeted areas of your finances to improve—to put you in the strongest position possible to get a mortgage and buy a home.


Your Preferred Community Lender

The Heart of a Community Based Lender

Core Values & Mission

The heartbeat of Land Home Financial is promote and live by a community-based philosophy with our external customers and our internal community. We’re committed to servicing our customers by providing home loan options that best fit their needs. Behind every loan is a person, a family, and a home within a community, which is why we all work so hard for those seeking real estate financing. Each customer is a member of the Land Home community.

Land Home Financial

When the transaction funds, the relationship continues because we retain almost 100% of our servicing. Land Home Financial is also committed to servicing its community of employees. Looking for ways to make our company excel is always a priority. Exceptional, stronger resources and new helpful tools are always on the agenda as Land Home Financial pursues ways to rise above competition. Suggestions and feedback provided by Land Home Financial employees is valued and helps in shaping the course for change when there is a benefit for all.

Plans for the Future

Maintaining a sustainable business plan for growth is always a main priority. Where many mortgage companies may retract their expansion goals or stop them altogether, Land Home Financial has positioned itself to stay on the course for opening branches in more markets across the country. Not only does the business plan contain new office expansion, but new division expansion as well. Doubling the footprint of the Land Home Financial brand nationally is a goal we plan to achieve. Land Home reinvests in the company, raising the quality of all facets of the enterprise to attract Loan Officers and Operational staff to help Land Home become an even stronger entity.

Land Home Invests in PeopleHaving been in the business for over 30 years has taught Land Home’s leadership how to be strategic in making business decisions that support the company business plan. Two key components that make Land Home a great place to join: Our company is fiscally secure, and our employee community is loyal and shares the same vision to accomplish goals together.

Who is Land Home Financial

Land Home is a privately-owned mortgage banker, opened in 1988. The leadership, together with employees (not a room full of shareholders), make the important lending decisions at Land Home. Our business decisions are rooted in common sense, experience, and knowledge. At Land Home we have a dedicated compliance team to offer guidance in the choices we make. We are a company that invests capital to fuel growth (rather than generate profit divided among a few).

Our customers and our employees are our greatest assets. Our common goal is to do what is in the best interest for every customer we have the opportunity to serve.

 


Welcome to Land Home Financial

Your Preferred Direct Community Lender

Since 1988, Land Home Financial has been serving communities nationwide with honesty, expertise, and a personal touch.

We provide diversified funding options and consistent, superior, personalized service to our clients and partners, including: homebuyers, mortgage brokers, builders, manufactured and modular home retailers, and real estate agents.

Get Qualified with Land Home Financial

Have a look at a just a few of the reasons that more and more Americans are choosing Land Home Financial Services:

Land Home Financial - Get Qualified

Whether you are looking to purchase a home, refinance your current mortgage, or get a reverse mortgage, our expert Loan Originators here at Land Home Financial can walk you through the process in-person or over the phone.

Success comes from Great People

Our goal is to create and maintain an environment where employees can contribute creative ideas, seek challenges, assume leadership roles, and continue to focus on meeting and exceeding both business and personal objectives. To grow, we find it essential to provide each associate on-the-job development, supplemented with suitable training as necessary.


We Hire the Best

Do You Have What it Takes?

Land Home Financial Services, Inc has been helping individuals, couples and families get pre-approved for a home mortgage, offering the “right” mortgage for their situation and expediting the mortgage process as efficient as possible. We deliver from “pre-approval to close” with unmatched service by providing the right product and “Hiring the Best” in the industry! Our Loan Originators and Support Staff are focused on getting the mortgage closed properly as quick as possible!

Work for Land Home Financial Florida

LinkedIn_Recruiting_invest   And Here’s Why:

  • We service our own loans & bonus our LO’s year over year from the servicing
  • Company paid assistances to support each branch
  • Coaching & Training available for experienced Originators
  • We have our own Appraisal Desk – no AMC
  • Little to no Over-Lays (we go by AUS)
  • Originators can submit TBD files for Underwriting
  • LO’s submits directly to Underwriter to expedite Loan Commitments
  • We support our Originators offering DPA Loans
  • Our Underwriters actually call you to avoid suspending a file
  • Our processors chase conditions, not our Originators

 

If you live in Florida, have originated a minimum of 24 loans or more for at least 2 years – then WE Need to Talk!

Contact me ANYTIME including after hours or weekends!

 

Vincent Ortiz, Loan Officer

Direct 407.625.9093 Land Home Financial Loan Officer

Vincent.Ortiz@lhfs.com

 


2019 Current Real Estate Trends

Okay, 2018 was quite the tease in the housing market. The year started out hot, only to taper off halfway through. But plenty of Americans still traded their For Sale signs for Sold ones, and they’ll usher in the new year from the comfort of their new homes. So will 2019 bring more of the same results? How will the housing market shake out in the current economic climate?

Whether you’re selling your home, buying or staying at your current home, here are the 2019 home real estate trends you need to know!

#1: Home Prices Are Rising Slowly

Unless you’ve been living under a rock, you’ve heard that during the course of 2017 and early 2018, home prices made a giant 10% jump. Wow! This year, however, may be a different story. Home prices are estimated to rise in 2019, but at a much slower pace, and the number of homes for sale is expected to increase by a mere 1%.

What’s the reason? Well, part of the slowdown is due to increased mortgage interest rates and another part is because of overall economic uncertainty. That combination is enough to discourage many buyers who are on the fence about purchasing a home.

Find expert agents to help you buy your home.

But there are still eager buyers in the market, and many of them are looking for newly built homes. In fact, new home construction is projected to increase by 8% in 2019. That’s the good news. Here’s the bad news: There just aren’t enough new homes to go around in some areas. Plus, construction companies also don’t have the manpower to keep up with demand.

What’s the bottom line? Expect the new construction that is available to go for a higher price.

What Higher Prices Mean for Sellers

A nice profit may be on the horizon! The number of homes sold next year is still expected to rise, even if it’s at a slow pace. That’s great news for sellers! But keep in mind that a lot of buyers are being priced out of the market, which could lead to fewer offers for your home.

So what should you do about this? Be aware of your competition. With less offers to go around, you want your home to really stand out from similar ones in your area. Prepare your home for potential home buyers and work with a real estate agent to help you list your home at the right price.

And be sure to wait for the right offer. Some buyers may try to gut punch you with a low number. If you aren’t in a hurry to move, wait for an offer that gives you the most profit. Remember, the less desperate person always has the upper hand when negotiating!

What Higher Prices Mean for Buyers

If you’re going to buy a home in this expensive market, you absolutely must find out how much house you can really afford.

Commit to staying within that budget amount. Don’t rush into a home purchase that doesn’t make financial sense for you no matter how much pressure you feel watching competitors pluck good homes off the market. You could screw up your finances!

A down payment that’s less than 10% could strangle your budget with massive monthly mortgage payments. But if you want to get prepared to buy and you’re committed to your budget, here are some options to consider:

  • Keep saving. If you stay patient and motivated, you can save for a 5-figure down payment by next year.
  • Sacrifice some wants. If you can’t afford to buy the house you want, be willing to give up some “nice-to-haves” for your “must-haves.” Find the least expensive home in the best neighborhood you can afford and you can upgrade as your income and savings increase over time.
  • Expand your search. What if the location where you’re planning to buy is what’s busting your budget? You might be surprised at the gem you can find in a less popular neighborhood.

Buying a home can be stressful, there are many “homebuyer guides” that can help you streamline the process! It’ll help you think through all the important parts so you can rest easy when your dream home is officially yours.

#2: Mortgage Interest Rates Are on the Rise

Mortgage interest rates are on the rise after years of being at a standstill. Interest rates are projected to increase to an average of 5% for a 30-year mortgage and 4.4% for a 15-year mortgage.

It’s been seven years since mortgage rates were this high. But despite grumblings, that doesn’t mean the economy is in trouble. It actually means the opposite! To help stabilize the strong economy and rising inflation during the past few years, the Federal Reserve increased short-term interest rates. It’s somewhat natural to see a trickle-down effect to the bank level like what we’re seeing now with mortgage interest rates.

The increase basically means more people are willing to spend and borrow. Still, expect things to be a little different next year as buyers and sellers adjust to these changes.

What Higher Mortgage Interest Rates Mean for Sellers

In a nutshell, plan for your house to be on the market a little longer and prepare to possibly receive fewer offers. A mortgage is a big commitment, and adding higher interest rates to the mix will make many buyers pause. Partner with a relator who understands the current market. They’ll help you set expectations for how much you can make, and how long you’ll have to wait for the right offer.

What Higher Mortgage Interest Rates Mean for Buyers

Even though mortgage interest rates are the highest they’ve been in a while, they’re still relatively low. If you’re not buying with cash, be smart and go for a conventional 15-year fixed-rate mortgage. That way, you know exactly what your payment will be over the life of the loan.

#3: The Majority of Home Buyers Are Millennials

Move aside, baby boomers and Gen Xers! Guess who’s taking the over the homeowner leaderboard? Yep, you better believe it. Millennials are busting out all over. They’re getting older and finding stable careers. Their household income has increased to $88,200, and they’re looking to buy their first homes in middle and upper-middle class neighborhoods.

This works out perfectly for them as more baby boomers are retiring and downsizing. Next year, millennials will lead the way in number of mortgages, accounting for 45% of the market. They’ll be followed by Gen Xers at 37% and baby boomers at 17%.

In 2019, millennials will lead the way in number of mortgages, accounting for 45% of the market. They’ll be followed by Gen Xers at 37% and baby boomers at 17%.

What More Millennial Home Buyers Means for Sellers

Here are three important words: Know your buyer. Millennials are internet savvy and do their research before house shopping. They look for:

  • Easy online shopping. The home search starts online for millennials, so you need to make the best possible impression on the internet. Make sure you invest in high quality photos, and, for extra measure, consider using a drone to take aerial video footage.
  • Quality over size. Yes, square footage matters. But millennials are more concerned about how sustainable and usable each space is. Get rid of your junk so they can visualize a bright future in your home without your stuff there.
  • Location. A lot of millennials are looking for homes that offer big city life at a more affordable cost of living. If your home is in a walkable area with access to public transit, expect millennials to come knocking at your door.
  • Low-maintenance lifestyle. Millennials are used to living in the age of high-tech advances and Amazon Prime. They’re looking for energy-efficient homes with smart appliances. If you don’t have them, they’ll look elsewhere or lower their offer so they can upgrade after they buy.

What More Millennial Home Buyers Means for Buyers

Okay, if you’re looking for a three-bedroom, single-family home in the suburbs, expect to have a lot of competition. You may have to reprioritize what you want in a dream home. Follow these tips:

  • Know what you want. Decide what you absolutely need in a home. If you’re married and house hunting, you and your spouse need to agree on must-haves. Compare your individual lists and combine them for your real estate agent to use as the foundation of your home search.
  • Write a letter. Sending a personal story to your seller might be just the thing that makes you stand out from similar offers.
  • Hire an experienced pro. Last year, 90% of millennial home buyers used real estate agents to purchase their homes. Think they’re onto something? You bet! Don’t try to buy on your own.

What If I’m Not Buying or Selling a Home This Year?

You may be thinking, All this is great, but I’m not going anywhere anytime soon. We hear you, and here’s what you should know for now:

1. Equity will likely continue to increase by 2–6% each year until 2020.

With most housing markets at low risk for a downturn, last years Housing and Mortgage Market Review estimated home prices will continue to rise for the next couple of years, with annual increases of 2–6%. Who-hoo for sellers! If you sell your house before 2020, you’ll likely still make a great profit.

2. From what we can see, the real estate market is not going to crash.

With such fast-rising mortgage interest rates, some are wondering if the housing market could collapse again. Well, it’s impossible to know for sure, but a number of factors indicate a housing crash is not in the foreseeable future and the economy is still strong. Here are some indicators:

  • People are spending money.
  • There’s a low unemployment rate and new career opportunities.
  • Millennials want to buy.
  • Taxes are lower.

3. Regardless of your neighborhood, buyers are interested.

Even though buyers in 2019 may be more selective determined ones might be willing to consider neighborhoods that don’t have easy access to highways or aren’t in close proximity to a big city. If you think you live in an unpopular neighborhood or believe your home isn’t what buyers are looking for, think again. Now may be your perfect time to sell.


5 Things to know about Single-Family Home Investing

Single-Family Home Investing

1. Know your investing criteria first

With any investment, be it stocks, bonds or real estate, you need to know what your objectives are and it is no different with single-family home investing. If you’re focused on safety and security, consider exploring low-risk investment homes that generate steady, reliable yield. An example of this may be a more expensive investment property in a good school district. You’re going to get a lower yield, but you may see better downside protection and less volatility. If you have a longer-term horizon or you’re seeking higher returns, you may want to take on a little more risk. Often, lower-priced homes will be more risky, but you may get higher yields and potentially higher long-term returns.

2. Don’t limit your investment property search to where you live

If your primary residence, income property, and job are all located in the same area, you have a lot of concentrated risks and are more vulnerable to the swings of the local economy. An online marketplace for buying and selling leased single-family rental homes, spread risk by investing in markets outside of where they live. (Hiring a local property manager or a “local community lender” like Land Home Financial is key here.)

Diversification is just one reason to expand your investment property search. You won’t be able to find a great income property for $100,000 in Seattle, Denver, or Oakland, Calif.; but you can if focus on the Midwest, South and Southeast, including Florida.

3. Separate investing from operations

One of the appeals of investing in single-family rental homes is you can hire strong local property management firms to handle day-to-day management tasks of rent collection, repairs and maintenance, and leasing. Over the past several years, property managers have adopted new technologies and business processes to manage homes more effectively for owners.

While some people do choose to self-manage, hiring a property manager can save you a lot of time and potentially money in the long run. While property management companies typically charge between 7% and 8% of the rent, they manage properties for a living and can work to ensure the property is leased, in good condition, and the tenants are happy. Additionally, using a local property manager effectively allows you to buy properties outside of where you live, as self-managing is difficult if the property is not nearby.

4. Real estate investing is a marathon, not a sprint

You might be familiar with the house-flipping reality TV shows in which a person buys a home, fixes it up, and sells quickly for a profit. While that can be an effective way to make a one-time profit, it’s the exact opposite of how you should approach single-family rental home investing, which is about building long-term wealth. Instead, treat it like a nest egg.

In addition, don’t be overly influenced or reactive to short-term fluctuations in your rental property portfolio. You may own a home for a few months and have to deal with a tenant moving out unexpectedly, but the next tenant might reside there for several years before you have another vacancy. Look at this investment over a multi-year horizon and consider your overall outlays and inflows over that long timespan. If you buy a decent house in a decent area, the returns tend to be quite attractive over time and can add a nice counterbalance to other types of investments.

5. Take advantage of the tools and resources available to you

New developments in technology and data access are making real estate ownership more broadly accessible to the everyday investor.

Single-family rental homes currently is a $3 trillion industry, with 1 million homes trading hands among investors every year. The investment opportunities are ripe, and never has it been less complicated for investors to buy and own homes outside their geographic location.

*Whether you are buying or selling, Land Home Financial can assist. We have developed Partner Relationship all over Florida to accommodate our customers*


New Homes Sales Update

Sales of newly built, single-family homes posted a yearly gain of 1.5% in 2018, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The sales numbers rose 3.7% to a seasonally adjusted annual rate of 621,000 units after a downwardly revised November report.

“The slight gain for 2018 new home sales reflects solid underlying demand for homeownership,”

“Housing affordability remains a challenge across the country, but conditions have improved in early 2019, as illustrated by the recent uptick in builder confidence.”

“Despite a period of weakness in the fall, new home sales ended the year with a small gain,” said NAHB Chief Economist Robert Dietz. “While the December sales pace improved on a monthly basis, the current rate of sales remains off the post-Great Recession trend due to housing affordability concerns made worse by the rise in mortgage interest rates at the end of the year. We expect lower mortgage rates in the early months of 2019 will lead to additional new home demand.”

A new home sale occurs when a sales contract is signed or a deposit is accepted. The home can be in any stage of construction: not yet started, under construction or completed.

In addition to adjusting for seasonal effects, the December reading of 621,000 units is the number of homes that would sell if this pace continued for the next 12 months.

The inventory of new homes for sale continued to rise in December to 344,000 homes available for sale. A year prior, new single-family home inventory stood at 294,000. The median sales price increased in December to $318,600, although it is lower than a year ago when the median sales price was $343,300. This is primarily due to the rising use of price incentives and a slow change toward additional entry-level inventory.

Regionally, on a total year basis for 2018, new home sales declined 16% in the Northeast and 1% in the West. Sales rose 4% in the South and 6% in the Midwest.

At Land Home Financial Services, Inc, we understand the needs of each family and situation; ultimately matching the “right” mortgage product and handle it from “Pre-Approval to Close.” We’d love to hear from you!


Florida Real Estate Snapshot

Forecast for 2019

In its U.S. economic and housing market outlook for 2019, CoreLogic economists forecast growth in home prices to drop by one percentage point as higher interest rates impact the mortgage market, homeowners have an incentive to retain their current low-rate mortgages and new listings. But Florida’s housing market is projected to do very well next year.

Digging into Design in South Florida

n the last cycle, the Miami-Fort Lauderdale real estate market has given rise to audacious and groundbreaking architecture. Looking to outdo their peers and competitors, some local developers have enlisted the services of global A-list building designers. Even mundane commercial projects such as parking garages and train depots are now getting artistic treatments, making them signature structures in South Florida. 

8th Highest Home Vacancy in the Nation

The number of vacant homes in Florida was more than 144,000 in the third quarter of the year, a 3 percent decrease over what it was a year ago, according to new real estate numbers reported by ATTOM Data Solutions. Florida had the eighth highest home vacancy rate among the 50 states and District of Columbia in the analysis. 

Let’s Talk Central Florida

In Central Florida the “mixed message” of South Florida is echoed. On the one hand, commercial projects and residential housing starts are reacting to the $10 billion-plus in infrastructure projects underway in this region. In 
downtown Orlando alone, there is more than 1 million additional square feet of construction underway. As for single-family and multifamily housing developments, the third-quarter of 2018 saw an increase of housing starts of 15% over third-quarter 2017. But, this may end in a pricing fiasco like the Miami luxury market suffers from in 2019 if oversupply becomes an issue.

Across other areas of Florida we find more ups than downs. For instance, in Escambia County in the panhandle prices in 2018 went up as low inventory peaked demand and a pricing war. Santa Rosa County saw a similar situation accentuated by sluggish housing starts. This HUD report reveals the situation for Pensacola and surrounds. In Tampa a downtown rejuvenation project promises to lift the city, and an overall lack of residential inventory, the wider region a bright spot for the overall Florida market.

The Verdict for Florida 2019

The verdict for Florida in 2019 seems to be stagnant growth, all aspects considered. Fears of recession and the sluggish stock market further hamper luxury and upscale residential sectors, and oversupply in an already crowded state do nothing but worsen the situation. Pending housing sales in places like Sarasota are key indicators for me. Northeast Florida seems like a bright spot in the overall outlook as new property comes on the market that was previously locked up, and since eCommerce has created a demand for distribution projects.

Overall, Florida will follow the blueprint predicted by Mansion Global, succumbing to the reality of the “vanishing home buyer.” The state won’t see a great house buying recession exactly, but the state will become a massive buyer’s market. There was just too much speculation from 2016 onwards. Losses for so many projects are going to hit a lot of people, this is the bottom line.


Corporate Community Lending Program

Corporate Community Lending Program

Land Home Financial's Corporate Community Lending Program

Land Home Financial Services, Inc was founded on helping stabilize families and companies by providing unmatched specialized lending services. As a Direct Community Seller & Servicer of lending products we have opportunities to create and serve companies with our Corporate Community Lending Program.

Set Your Business Apart

Provide you employees with this exclusive program and receive these benefits:

  • Customized Branded Landing Page for your website
  • Dedicated Phone Line and Email for timely and personalized customer service
  • Reduced Lender Fees for your employees
  • Homebuyer Education and Preparation Services
  • Down Payment Assistance Programs

 

Land Home Financial's Promise to Serve Corporations

 

Your Company’s Unique Value Proposition

Research shows that employees who work for companies that provide programs that assist in the education and facilitation of homeownership, experience:

  • Greater Workplace Satisfaction
  • Fewer Sick & Personal days
  • Overall improved Mental & Physical well-being
  • Sense of Community
  • Financial Security

This means less doctor’s visits & lower healthcare costs – for YOU, the Employer!

 

Corporate Benefits Package

Land Home Financial Service for Your Employees

Home Ownership with Land Home FinancialCommunity INSPIRED – Community FOCUSED – Community DRIVEN

 

We are proud to become your Corporate Community Lending Partner. Contact our office TODAY – see how easy it is to GET STARTED!


Choose Land Home Financial as Your Preferred Builder

Preferred Lender for All Builders

What we found working with many other builders is that they usually have their own lender and then a list of three preferred builder lenders to choose from if their in-house lender cannot approve them they select from the Alternative List.

Preferred Builder Lender

As a builder you can’t afford to NOT have us as one of your Preferred Lenders and here’s why…

  • We’re a Direct Lender – servicing our own loans.
  • 4% Grant for primary home buyers up to $454,100.00
  • We offer both state and local bond assistance programs.
  • Our “Power Purchase” program with 1% down for frst time home buyers.
  • USDA, FHA & Conventional Loans.
  • VA loans with no lender fees.
  • We have a Builder Processing Center specialized for builders providing status updates.
  • We offer extended rate lock for 6-months during the building process.

We Help with “Turn Downs”

Additionally, we have a about a 70% conversion rate on “turn downs” from already built homes from the following builders: Lennar, Pulti, Park Square, KB Homes, DR Horton, Snow Construction, Meritage, Minto & Toll Brothers and am very confident we can do the same with your organization.

*Please note all percentages and statements are subject to change based on regulations that may arise. The use of hypothetical, predictive, and current statements, by Land Home Financial Services are meant to illustrate current operation standards.