Florida mortgages should be prepared before you begin looking to buy a new home in Florida. The help of a qualified Florida mortgage broker can save you thousands of dollars which you could use elsewhere.
There are a number of online mortgage comparison services that display a wide variety of mortgage rates from 1 year to 30 years, fixed rate loans, ARM’s and a multitude of alternatives. But do not get too excited at the advertised rates as these Florida Mortgage Rates are based on best case scenarios for clients with near perfect credit.
The choice of mortgages is huge but finding the one that works for you is where your mortgage broker proves their worth. A Florida mortgage broker will know which lenders are currently lending in which areas, on which type of homes, in which price bracket and with the best terms.
The lending criteria is changing on a continuous basis and getting a mortgage is certainly not as easy as it once was. Interest rates are be still at close to all-time lows. Some banks are reluctant to lend monies unless lenders jump through an ever increasing number of hoops, pay higher deposits, retain higher credit scores for a lower Loan to Value (LTV).
Which Mortgages Are Best For You
We work with the oldest mortgage association in the US. We provide one to one assessments in order to ascertain your exact requirements prior to offering a mortgage solution.
We cover the most popular segments of the Florida mortgage market for national and international clients including:
- Fixed Rate Mortgages
- Adjustable Rate Mortgages
- FHA Mortgages
- USDA Mortgages
- VA Mortgages
- Residential Mortgages
- Second Home Mortgages
- Vacation Home Mortgages
- HARP 2.0 Mortgages
- Investor Loans
- Reverse Mortgages
For further information about Florida mortgages and how a mortgage broker can help you in getting pre-approved contact us. We will have one of our mortgage professionals schedule a call.