Sep 30 2008
Time for change in Florida mortgage markets
I expect the next President will provide great change to many areas that will affect all Americans and one in particular – the mortgage markets. With over 13 year experience the Florida mortgage arena, I have recognized fundamental differences when seeking a new mortgage loan from either a Florida mortgage company, large bank (the ones still open) or a local credit union.
These mortgage businesses should employee professionals with the capability of sharing their valued mortgage experience in the Florida home loan market. But many don’t want to share more information than you care to ask, or worse; many mortgage employees just don’t know.
You want to find a Florida Mortgage Professional who is on your side. Keep the following in mind:
- Experience counts when you are looking to buy your first home or to simply reduce your monthly mortgage payments or long term interest by refinancing your old mortgage.
- Should you consider a Florida FHA loan, Florida VA home loan, or stick with Conventional? Ask for the differences in ALL and learn. A Florida Mortgage Professional knows.
- Upfront fee disclosure is a necessity when trying to compare one Good Faith Estimate to another. That’s the real difference with interest rate, cost and APR.
- Honest, transparent Florida mortgage advice from an experienced Florida Mortgage Professional will help you make informed, sound decisions regarding your biggest invesmtent, your home.
- Finding a Mortgage Professinal who will deliver what their upfront Good Faith Estimate states.
- Ask for recent referrals – not 6 year old testimonies from their web site.
- Look up license information and research BBB.org for complaints.
Many people I know in the Florida mortgage industry don’t agree to our upfront philosophy with respect to educating the consumerand disclosing all fees. In fact, I’ve been accused of providing too much information for the Florida home buyer. Imagine? - “Too much?” What a compliment. Want to learn more? Call me anytime at 321-987-9876.
One Response to “Time for change in Florida mortgage markets”
Leave a Reply
You must be logged in to post a comment.
Your right. Looking up a company’s BBB rating is a step you need to include. Many people skip this step and pay for it later.
We work hard to maintain our A+ rating and know it doesn’t come easy. If a company isn’t willing to work at their rating how hard are they going to work for you?