Many friends and family have asked why I still do what I do for people seeking Florida mortgage financing.  I have though long and heard and it is very clear.

I closed my first Florida mortgage loan, for my sister, over 14 years ago.  Since then, I have seen ups and downs, not only with fixed mortgage interest rates, but with Florida mortgage program availability as well as new rules and regulations.  However,  in the past 18 months, I have experienced more changes in our industry than ever.  Yes, there were bad brokers and bankers, the economy has fallen and the Florida mortgage landscape has trimmed in what’s available for home buyers.  Today’s announcement doesn’t help either.  Over 660,000 jobs lost in March of 2009, unemployment has already reached over 5.1 million Americans since the beginning of 2008.  Tough times in a tougher mortgage market…

In this year of apparent transparency, I find we are still out-educating borrowers with information generally not provided when shopping for a new Florida mortgage.  We even have other mortgage companies calling us to explain Florida mortgage programs!  Also, as long as big banks and lending institutions offer higher rates, or “lower rates” with lots of hidden (small print) discount points or fees; we have a purpose.  Homebuyers can save more money, learn more about their mortgage program and isn’t that what we Mortgage Professional are here?  Simple.

As an upfront Mortgage Professional, I can promise that we will keep doing what we do; providing upfront Good Faith Estimates, explain in detail any mortgage program to allow home buyers the opportunity to make better informed decisions, and saving homebuyers more money.  If you need to know more about Florida mortgages, please call our office at 888.399.0520.

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