FL Mortgage Overview

Welcome to FLMortgage.com. We have created this website to serve as a vehicle for everyone, from industry experts to the first time homebuyers to see the complex world of mortgages explained in a fun and an informative way. On this website you will find information on just about every type of mortgage loan available including;

Government Loans
FHA Loans
Welcome to FLMortgage.com. We have created this website to serve as a vehicle for everyone, from industry experts to the first time homebuyers to see the complex world of mortgages explained in a fun and an informative way. On this website you will find information on just about every type of mortgage loan available including;

Government Loans
FHA Loans
FHA 203k Streamline loans
FHA 203k loans
FHA USDA Rural Housing Loans
VA Mortgage Loans
FHA Streamline Refinance loans
FHA Refinance Loans Cash Out
FHA Refinance Rate and Term Refinance loans
Reverse Mortgages
Loans for Multifamily Property Dwellings of 2-4 units
Renovation Loans for Mixed Use Properties including Storefronts

Conventional Loans
Conventional Purchase Loans
Conventional Cash out Refinance
Conventional Rate Term Refinance Loans
FNMA Homestyle Renovation Loans
Conventional Multi Family Properties Dwellings of 2-4 units
Conventional Second Home Purchase Loans
Conventional Second Home Renovation Loans
Conventional Second Home Rate Term and Cash Out Refinance Loans

Investment Property Purchase Loans
Investment Property Renovation Loans
Investment Property Rate Term and Cash Out Refinance Loans

Jumbo Loans
Jumbo Purchase Loans
Jumbo Rate Term Term and Cash Out Refinance Loans
Jumbo Renovation Loans
Jumbo Construction to Perm Loans
Jumbo Second Home Purchase Loans
Jumbo Second Home Rate Term and Cash Out Refinance Loans

Florida Mortgage update 2010 Spring Market;
As the home sales across the state show a dramatic pickup compared to last year, the number of lower priced homes are quickly getting swooped up by investors and first time home buyers. We have seen many cash buyers over the winter and early spring as financing is still less available than in years past. It has been somewhat easier now that caps have been lifted on the size of the mortgage giants FNMA and FHLMC. Jumbo money is getting more attractive as well for those home loans higher than $417,000. The choices for a second home, investment property or even a new primary residence will not be as plentiful as in recent years but the prices will be as attractive as they have been in many years.

Weekly update for June 5th, 2010
Rates dipped once again this week as the stock market plunged after the jobs report on Friday.  Many on Wall Street were disappointed when the new jobs created were mainly part time government jobs from census workers.  Even though the national unemployment rate dropped from 9.9% to 9.7%, the number of new jobs created were expected to be over 600,000 but came in just over 400,000.  Mortgage rates dropped to under 5% again so the homeowners who missed their chance to refinance earlier this month will get another chance this week!

Weekly update for May 14, 2010
Mortgage rates dropped sharply this week due to the large drop in the world stock markets!  It seems like the nearly 1 year run up in stocks has reached its high water mark as a mid week 1,000 point plunge caused the United States and World investors to seek the safety of the US Bond Market and the US Mortgage Backed Securities Markets.  We were about .375% lower across the board in all mortgage products and this led to an increase in inquires of refinances in addition to more people seeking another place for their investment money.  This next week could see a further drop in the stock markets around the world as the problems in Europe continue to worsen.  For the latest updates check out my husband’s Twitter page as he keeps up on the financial markets in real time.
Information contained in this website is for general areas around the country however contact a local mortgage professional to get your local guidelines verified. We are trying to provide a good foundation of for the following types of loan programs as a starting point for your mortgage questions:

This Website is also designed to focus on the wonderful state of Florida and the cities included in are in the Southeast part of the state. They include West Palm Beach and Palm Beach, Boca Raton, Fort Lauderdale, and Miami. I look forward to educating all who visit my site about this beautiful state to live in. I am sure you will find out if you visit, as many who do come here, that once you are here, you will never want to leave this tropical paradise

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