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Florida Mortgage Lenders

With established relationships with all of the major Florida mortgage lenders, we are always striving to provide our customers with the best mortgage, home equity and savings products. By comparing rates between all Florida mortgage lenders, you can be assured the highest level of service and value, and great mortgage rates.

What is a Florida Mortgage Lender?

There are differences between Florida mortgage lenders and Florida mortgage brokers. There is also a difference between a bank and a mortgage company. There are mortgage lenders who service people with bad credit and Florida mortgage lenders who will only serve 'A' buyers, buyers with exceptional credit.

Florida mortgage lenders loan money to home buyers for a fee. When you obtain a mortgage, your monthly payments will normally be made to the mortgage lender. A mortgage broker is a middleman who brings borrowers and lenders together, in addition to giving home mortgage loan advice. A mortgage broker can often use local contacts to "make" a mortgage for borderline buyers based on the volume of business he/she does.

Florida mortgage lenders are not all alike. For example, most banks, as mortgage lenders, only worked with buyers who had good credit. These Florida mortgage lenders will offer rates for A buyers that are generally the lowest rates available. 

For buyers whose credit is less than perfect, there are bad credit lenders available that may provide the needed mortgage financing they require. If you fall into that category, be careful to shop around because rates on a bad credit mortgage can vary considerably.

Lending institutions such as banks and mortgage companies are the largest Florida mortgage lenders, but some credit unions offer long-term loans. Sometimes a seller will finance the home they are selling and some mortgages are assumable from the current homeowner.

Florida mortgage lenders offer loans of their own deposits, but usually make loans and sell them to investors. Historically, loans made to be sold have followed strict guidelines, but mortgage products with more flexible guidelines have been developed.

Florida mortgage lenders and loan officers are your resource for questions or concerns after your transaction closes.