97% Financing Purchase
We offer many types of loans such as "low down payment" and "97% financing"
mortgages with credit scores as low as 580! Interest rates are dependent on a
number of factors such as source and type of income, credit scores, and other
criteria. You are welcome to contact one of our Mortgage Specialists today to
discuss mortgage loan options that best fit your situation. For more information,
click here.
Fixed Rates vs Adjustable Rates
Fixed Rate Pros:
Your Mortgage payment and interest rate stay the same for the length of the loan.
Fixed Rate Cons:
You will pay a higher interest rate so the lender will commit to lending you the money
for a fixed period of time.
Adjustable Rate Pros:
Your interest rate is lower which may allow you to qualify for a higher loan amount.
Your princinpal and interest payments are lower
If your loan has no prepayment penalty, you can refinance into a fixed rate loan at a
later date.
Adjustable Rate Cons:
It is difficult to budge your bills because your mortgage can change from month to
month
If you rate rises more than 1 or 2 percent, your adjustable rate may be higher than a
fixed rate loan.
For more information, click here.
Interest Only Loans
Interest Only" loans are a great way to lower your mortgage payment while freeing
up extra cash each month. You choose the adjustment period of 6 months, 3, 5, 7 or
10 year to best suits your financial goals.
Refinancing Your Current Loan
There are several reasons that homeowner's look into refinancing which include
locking your current adjustable rate into a fixed rate, lowering your interest rate,
consolidating high interest credit card debt, performing home improvements, and
lowering your mortgage term just to name a few. We provide FREE No-Obligation
quotes so call one of our Mortgage Specialists today to see if there is a benefit to
refinancing. For more information, click here.
Mortgage Information
Apply Now Get Pre-approved to buy a home with little money down at closing
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www.ApprovedTeamLending.com-Florida County List
Florida Mortgage Services
Are you interested in purchasing a
home in the State of Florida? Our
Mortgage Specialists have extensive
knowledge in helping first time home
buyers from application to closing. If
you are interested in obtaining more
information on getting qualified for a
home purchase, our Mortgage
Specialists will be happy to help.
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