863-603-0999 | info@landmark-mtg.com


LANDMARK MORTGAGE & ASSOCIATES, INC. offers a variety of loan programs to meet your specific needs. We work with the leading lenders in the industry to provide:

No Down Payment Loans

Ideal for first-time buyers, these mortgages can help reduce or eliminate nearly every cost associated with obtaining a home loan. The most popular of these programs is the USDA/Rural Development mortgage which has maximum income and property location requirements. Contact a loan officer for additional information.

Conventional Loans

Conforming long-term, fixed-rate and adjustable loans that meet Fannie Mae and Freddie Mac loan limits, property and borrower guidelines. Generally has higher loan limits than FHA and VA.

Term: 30 years Maximum Amount: $484,350

FHA Loans

The FHA loan program is an outstanding choice for first time homebuyers because the program requires only 3.5% cash (which may be a gift) into the transaction and is significantly more forgiving of past credit issues. We will look specifically at the last two years of your credit history. If there are some credit problems, we may be able to overcome them with sufficient explanations and supporting documents of why the issues occurred. Never rule yourself out of qualifying for FHA loan because of credit, prequalify and have us review your credit.

Term: 30 years Maximum Amount: $294,515

If you currently have an FHA loan and are considering refinancing to lower your monthly housing cost there is a simple low cost " FHA streamline" refinance process which you should consider. One of the important features of the FHA program is that the loan is assumable should you sell in the future. If interest rates rise, an assumable mortgage may be the difference between being able to sell your home or not. Please call for more details.

FHA Streamline 203 (K) Loan

A type of federally insured mortgage product for individuals who want to rehabilitate or repair a damaged home that will become their primary residence. In addition to the funds to cover the purchase price of the house, the FHA 203(k) loan provides the money needed for repairs and related expenses as part of the loan. 

The types of improvements that borrowers may make using Section 203(k) financing include:

▪ Eliminating health and safety hazards that would violate HUD’s Minimum Property Requirements (MPR)

▪ Covering lead-based paint stabilization costs

▪ Installing or repairing utility services (water supply/sewage treatment)

▪ Repairing/replacing plumbing, heating, AC and electrical systems

▪ Making changes for improved functions and modernization

▪ Repairing or adding roofing, gutters and downspouts – if structural then Standard 203(k) only

▪ Making energy conservation improvements

▪ Creating accessibility for persons with disabilities

▪ Minor remodeling such as the kitchen– if structural then Standard 203(k) only

▪ Purchase and installing kitchen/laundry appliances

Call office for more details 863-603-0999

VA Loans

The VA loan is available to Active Duty Military, Veterans and Reservists. The VA home loan program gives you the ability to buy with no out of pocket cost. The loan maximum is $417,000 including the VA imposed Funding Fee. As the VA program requires no mortgage insurance, monthly payments are frequently less than any other no down payment loan. If you have a high interest rate VA loan, there is a low cost Interest Rate Reduction Loan (IRRL) program which allows you to refinance and lower your mortgage payment inexpensively.

Term: 30 years Maximum Amount: $453,100

Adjustable-Rate 3/1 5/1 7/1 10/1 (Arms)

An "ARM", or "Adjustable Rate Mortgage" has a fluctuating interest rate and the potential for changing payment amounts. In most ARM mortgages, the interest rate on a loan is fixed for a certain number of years and then allowed to fluctuate in sync with current economic factors.

An adjustable rate mortgage can be a useful tool when fixed rate loan rates begin to rise. In recent years, many lenders have introduced some vary creative programs which can give you an opportunity to actively manage your mortgage payments.