Due to the declined FL morgage market over the past 2 years, many opportunities are now available to Floridians as home prices are at their lowest in years.  The mot popular FL mortgage programs made available to these first time buyers include USDA loans, FL VA home loans and FL FHA mortgages.  But how does a first time buyer compare lenders before making their decision?  Follow these steps…

• Make sure you are working with an experienced FL mortgage professional.  Experience, that is, with current FL mortgage guidelines with USDA, VA and FHA loans.
• Ask for your Good Faith Estimate upfront.  This should explain all of the closing costs you will incur and detail payments, cash required to close and all FL mortgage discounts you’re entitled to receive.
• Ask about the procedures of how and when you can receive a lock-in agreement to protect your rate.
• Call at least 3 FL mortgage professionals and compare their expertise in specific mortgage program details; compare Good  Faith Estimates, and compare any FL mortgage discounts available.

Our Good Faith Estimates are prepared upfront for your review and comparison.  Our closing costs are discounted in advance and will not change prior to closing.  For your free FL Good Faith Estimate call our office at 888-399-0520 or email me directly at steve@beechtreemortgage.com

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