After meeting several Oviedo FL Realtors this morning; I realized most were dealing with the same FL mortgage issues day in and day out.  Typical underwriting turn around times seemed to be around 45 days. And sometimes that was just enough time for an underwriter to determine why they wouldn’t approval their FL mortgage.  Yikes!

Some Oviedo home buyers sought financing from a mortgage broker while others depended on well-known name brand large banks.  Now, banks do have their additional underwriting restrictions (that’s for another blog) that some mortgage companies get to avoid.  But  it seemed no matter which avenue an Oviedo home buyer took; it either took several long weeks or months to get denied! 

That’s why successful Oviedo first time home buyers need to work with experienced mortgage loan officers.  Preferably at a local mortgage lender where you can get sound mortgage insight before you jump into buying your next home. A seasoned mortgage professional will assess your home buyers specific financial situation and let you know immediately if you are qualified to move forward.  No sense in wasting time these days.  For your next Oviedo FL mortgage approval fee free to contact me directly at 321-987-9876.

Trackback URI | Comments RSS