We saw housing demands go somewhat silent during our current health crisis. But according to Redfin, demand for home buying is back up. In fact, it’s now above our healthy pre-coronavirus level. Is this just wishful thinking and exuberance that has been fueled by too much time in our current surroundings with the same people, […]
What Are Your Options for Mortgage Payment Relief in Florida During This Time
As we are continuing to see the effects on our national and local economies, many of us are finding ourselves furloughed or laid off, sheltering-in-place and unable to make our mortgage payments. Fortunately, the federal government, as well as the State of Florida, has provided a safety net for both homeowners and renters. The Federal […]
How Can You Secure Mortgage Refinancing in Florida During COV-19?
Amidst fear and concern over the novel coronavirus, or COVID-19 and the concurrent economic situation, homeowners have begun scrambling to refinance their home loans. WE have seen many lenders experiencing back-ups as the mortgage industry has been overloaded with frantic people looking for financial relief during these uncertain times. Why Consider Refinancing? The reduction in […]
How Working With a Florida Mortgage Broker Can Save You Time and Money
If you’ve ever shopped and gone through the mortgage approval process, you know how time-consuming and stressful it can be, particularly if you are a first-time borrower. Having the skill of a mortgage broker on your side can reduce those stresses, help you find the best mortgage products for your financial situation and can often […]
What You Should Know About Buying a Home in Florida
If you’re looking to buy a home in Florida, you’re in for a new experience. You will no doubt notice that there are things that are very different here in the Sunshine State if you’re moving here from out of state. Let’s look at some of these things. Hurricane Shutters In Florida, hurricanes are a […]
VA Mortgage Benefits Offer Affordability in Our Competitive Market
Over the decades, South Florida has consistently been a hot real estate market. Unfortunately, we’ve seen many instances where potential homeowners have been left out in the cold due to affordability and the inability to get mortgage lending. This is when VA mortgage benefits continue to be the most helpful mortgage financing available for those […]
5 Things Every Florida Property Investor Must Consider
Investing in Florida property can be a desirable and rewarding endeavor, especially when you consider that it is one of the best markets from an investment standpoint. While property investing can be very lucrative, there are several questions that must be answered before getting started such as: What are the benefits of buying investment property […]
Is a Cash-Out Refinance Right for You?
If you’re a homeowner who has a substantial amount of equity in your home, you may have thought about getting a cash-out mortgage refinance. This type of refinance allows you to use the equity in your home right now instead of waiting until you sell. This can enable you to pay down personal debt, make […]
Florida Condo Association/Project Mortgage Financing FAQ’s
Is FHA financing available to purchase a condo? Currently and generally the answer is no. HUD is currently in the process of adopting rules to allow for easier FHA condo financing but those new rules are not yet available. In the meantime, you can check HUD’s Condo Look to best determine if the condo project is approved. […]
Florida Downpayment Housing Assistance
We at Florida State Mortgage Group, Inc in conjunction with various local government entities are very pleased to be able to cooperatively offer down payment assistance funds to qualified borrowers. We are currently offering downpayment assistance funds in numerous cities within Broward, Palm Beach and Orange Counties. Additionally, we may be able to identify assistance in other areas throughout Florida. Housing downpayment […]
