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Mortgage Companies and Brokers

Easy qualifying, low rates. Florida mortgage companies and brokers offer home loans and payment calculators online.

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Choose very carefully who will handle your single
largest investment.

For the most part, Florida mortgage companies and brokers are usually home finance agents for the purpose of locating, processing and submitting your home loan package for you to the lender with the lowest interest rates and loan fees. Direct lenders offer only their specific loan products and don't have access to other lenders products. This is very limiting. Mortgage companies and Florida brokers obligation to you is to find the best loan for your qualifications and circumstances. The agency relationship imposes a legal responsibility on Florida mortgage broker companies as well as any out of state operations, to completely disclose to you the material (important) facts that you need to know about the home loan that you are applying for. On home improvement loans and all programs, mortgage companies and brokers in Florida have an obligation of fairness and honesty to both you and the lender they submit your loan package to. These legal duties and obligations can be very important in resolving disputes which might arise after the loan is closed and funded, however, the best way to avoid problems and disputes is to ask as many questions as you need to and be sure you understand the terms of the loan and each of the loan documents before you sign them. There is an old saying. "The only dumb question is the one you don't ask".

Florida mortgage brokers and companies, when acting as an agent for home loans, speak for you in submitting your loan application package to a direct lender. On a bad credit loan and first time new home buyer loans make sure that you give the broker full and accurate information. Also make sure that any loan application or other document the broker prepares for your signature is accurate and complete before you sign it. Make sure you understand the terms of the loan before you agree to and sign it.

Florida's mortgage companies must disclose brokers commissions and lender fees

Florida mortgage brokers companies' commissions and lender fees are not usually set by law. They are either paid directly by you or by the chosen lender who closes and funds the loan. You may choose to pay the commission with one of the following methods:

Proceeds from the new loan - this will increase your loan balance, or

Cash paid at closing - money out of pocket or

A lenders rebate or yield spread premium paid to the agent by the lender.

Compare loan fees charged by several lenders, brokers and mortgage companies in Florida. You may be able to do this with a few phone calls or on line. Ask about the amount of the loan fees and costs to be paid by you in cash before the loan is closed, the amount of the loan fees and costs to be paid from the proceeds of lender rebates or premiums, and the amount of fees and costs to be financed into the loan. Request a custom Good Faith Estimate now.

It's always a good idea to request a good faith estimate form in writing when shopping for a home loan as fees and current interest rates will vary from place to place. Another important consideration is to shop lenders on the same day as current interest rates can and do change daily.

A lender is required by the federal Real Estate Settlement Procedures Act (RESPA) to provide a prospective home buyer with a good faith estimate of the loan fees due at closing within three days of a borrower applying for a loan. These loan fees, also called settlement costs, should cover every expense associated with your home loan. Examples include: inspections, title insurance, lender fees, taxes and other charges. Be sure to scrutinize. An accurate Good Faith Estimate is essential for a prospective refinance client or home buyer to make an informed decision about the exact settlement costs associated with their loan.

Apply online or request a quote now with one of Florida's best mortgage broker companies.

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