Are you looking for the Best Mortgage Specialist in Jacksonville, FL in 2019? While there are several mortgage specialists in Jacksonville, some may vary in their own unique quality and expertise. For this reason, we have looked over the prospects to help you to choose the best one that fits your needs. Based on their specialty, experience, and knowledge about the latest financial programs.
After careful consideration, here is our choice.
SmartGuy® 2019 Best Mortgage Specialist Jacksonville, FL is:
Jacksonville, FL 32217
If you are purchasing a home for the first time or qualifying for a mortgage, it can be a life changing event. When you refinance your home or sell a home, it introduces you to many changes and differentials in the way mortgages are packaged since you purchased your first home.
Here are a few variations of mortgage packages depending on what your needs.
First Time or New Home Buyer – It is essential to have an idea of what you can afford before starting your search for your first home or a new home. You should take the necessary steps to obtain an underwritten preapproval from a lender or mortgage specialist. By doing so, you are giving a clear indication that you are a serious buyer who has the proper credit and finances to acquire a loan.
Reverse Mortgage - A reverse mortgage can be the perfect solution depending on what your circumstances are when pursuing one. For homeowners the age 62 and older it can be beneficial because it can make life a bit easier during retirement years. You have a few options as far as receiving the funding such as, in one lump sum, line of credit, or structured monthly payments.
Refinance and Renewal - There is nothing more challenging than to get a refinance or mortgage renewal. Even though it is challenging, it is possible. Rising interest rates have made it tougher to borrow. Having the knowledge of which lenders have the most flexible terms is why you need to turn to the Best local Mortgage Brokerage house.
Self-Employed Mortgage - Nothing is impossible. Yes, even if you are self-employed, you can get a mortgage. The Best Mortgage Broker will be knowledgable to work with you to find the latest mortgage packages set up for the self-employed.
Conventional Loans - Conventional loans for terms as little as 10-years and as high as 30-years. Fixed, adjustable and
balloon terms available.
FHA - Federally Insured Mortgages as a Third Party Originator. Down payments as little as 3.5%. Less restrictive qualifying guidelines. Gifts permitted.
Jumbo - loans that are for home mortgages beyond the conventional maximum limit. Fixed, adjustable, and balloon terms available.
VA Loans - Veteran Administration loans honor our military personnel with 100% financing and competitive terms.
DIFFERENT TYPES OF LOANS Mortgage Brokers review your equity and work to obtain your personal home loan.
Personal/RRSP Loan - a bank issues personal home loans that involve high-interest payments, which in turn leave individuals with extra expenses. Investment and home loans should not be hard to get.
Home Equity Loan - Do you believe you can get a home equity loan because you have enough value in your home? You can get access to money based on the help you receive from your local Mortgage Brokerage professional. Because your home secures your home equity loan, it will be easier to acquire a loan.
Debt Consolidation - Do you need to get rid of high-interest debt? You can get a home equity loan based on the value of your home. Your debt obligation will be lowered because everything will be combined in a lower monthly payment.
What Should You Look for in a Mortgage Lender?
Here are five tips to help you choose a mortgage lender when buying your first home.
• Know your credit score and history
• Ask about first-time home buyer programs
• Seek lenders who offer government-backed home loans
• Compare interest rates and more
• Get pre-approved before house shopping
More About Scott Smith and Innovative Mortgages
Innovative Mortgages is committed to promoting homeownership in Florida. It is particularly determined to help servicemen and women achieve the American dream of homeownership. Innovative is also committed to making the application process as easy and seamless as possible. Its team of professionals will guide you every step of the way, from qualifying to "cleared to close."
We highly recommend that you contact Scott Smith and get pre-qualified today.