What is a home appraisal? A home appraisal is an objective opinion of the home’s value performed by a licensed professional. Since the appraisal is related to the home value and loan amount, it can impact your loan's down payment and interest rate. An appraisal that comes in too low can cause the transaction to be …
5 things that impact your credit score
The importance of your credit score when applying for a mortgage When applying for a mortgage for your new home in Florida, your credit score will significantly impact the interest rate you are offered and your ability to qualify for a loan. Credit scores are important numbers that influence everything from the …
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Get pre-approved before the spring market
Why should you get pre-approved now before the spring market? The spring season is historically one of the busiest times for buying property and getting a pre-approval in Florida. As the weather gets warmer and the days get longer, the property market heats up, and so does the competition. Homebuyers must be strategic …
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All about mortgage interest rates
Are you considering buying a home but feeling overwhelmed by the process? There's a lot to take in, from finding the right real estate agent to learning about mortgages. Understanding mortgage interest rates is one of the most critical steps when purchasing your new home. Knowing what influences mortgage interest …
Tips for buying a home in Florida with student loan debt
Tips for buying a home with student loan debt Buying a house with student loan debt in Florida can be difficult, but it's not impossible. Understanding the potential impact of student loan debt on your financial health and ability to qualify for a mortgage is essential. Student loan debt can increase your …
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What is a Jumbo Loan?
When is a regular mortgage not enough? When the loan amount to purchase a property exceeds the conforming loan limit of $726,200*. Find out the limits by county in this interactive map. To understand a Jumbo loan, you must understand two other terms: conforming and non-conforming loans. Conforming loans adhere to …
