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 […]
