Florida Mortgage : Learning Center

I have pondered thoughts over Florida mortgage fixed interest rate advertising campaigns.  When large, well known, lenders are advertising rates that are much lower than available I have to investigate to find the truth.  The truth is always in the details.

Currently a Florida mortgage company commercial finally claiming transparency; is also advertising an extremely low fixed interest rate.  I had to investigate.  When you pause your television and read the fine print; thanks TIVO, it reads you will pay 2% in discount points.  Is that fair?  What about recovery period calculations on discount points paid?  Does it make sense for the Florida home buyer or homeowner to pay discount points?  In almost all cases it doesn’t.

Discount points should be an option for the Florida homeowner or home buyer to consider when buying down the current fixed rate mortgage.  At BeechTree Mortgage you can always rest assured knowing you will receive our lowest fixed rate Florida mortgage, with no discount points and no origination fees. 

If everyone provided upfront Good Faith Estimate without charging discount points and origination fees; then shopping for your mortgage would be one step easier.  Less confusion in what current Florida mortgage rates are available.

For your free Good Faith Estimate, call our office 888.399.0520 or visit us online at www.beechtreemortgage.com.  Remember, especially when it’s too good to be true, get it in writing.

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