Fixed Florida mortgage interest rates remain low for those considering to refinance out of an adjustable rate mortgage, ARM or to consolidate debts to reduce their monthly payments.  The only hurdle is actually qualifying for that great low fixed mortgage program. 

Refinance candidates must keep in mind that the 2 largest qualifying criteria today is the equity remaining in your home and your credit history.  Of course, verifiable income with stable employment is a must. 

If you are trying to refinance please call your Mortgage Professional and review these criteria first.  Credit reports can be evaluated and perhaps with experienced advice you can take the time to improve your credit rating.  Also, a Mortgage Professional can assist with mortgage program selection and availability; with respect to your specific equity position. 

For now, the Elite can enjoy relatively low fixed rates and should consider securing a low fixed Florida mortgage and perhaps even lowering the term.  20 year mortgages are very popular when refinancing.  Dont forget to ask for your Good Faith Estimates upfront.

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