Are you refinancing your home in Fort Lauderdale? Working with a mortgage broker can make the process smoother. This article will guide you through the ins and outs of refinancing with the help of a local mortgage broker like Florida State Mortgage Group. Why Consider Refinancing? The answer is simple: to save money and improve […]
What Happens to a Mortgage When Someone Dies?
When someone dies, their mortgage doesn’t suddenly disappear. The mortgage lender still needs to be repaid and could foreclose on the home if that doesn’t happen. Suppose nobody takes over the mortgage or makes payments. In that case, the mortgage servicer will begin foreclosing on the home. Mortgage Responsibilities After Death The term mortgage originates […]
Exploring the Potential of VA Loans for Condo Purchases
Owning a home is a dream for many, but the financial hurdles can sometimes make it seem unattainable. For veterans and their families, VA loans offer a pathway to homeownership that can be more accessible and affordable. What about condominiums? Can a VA loan be used to purchase a condo? The answer is a resounding […]
Comparing Loan Requirements: Self-Employed Mortgages vs. Traditional Mortgages
A thorough understanding of the different loan options available is crucial when financing a home. In this regard, it’s essential to examine the distinctions between self-employed and traditional mortgages in greater detail. Both have their unique requirements and benefits; knowing these differences can help you decide the best path for your homeownership journey. The Traditional […]
Is it Worthwhile Using a Mortgage Broker in Florida?
One of the most crucial decisions when purchasing a home is choosing the right mortgage. With many options available, it can be overwhelming to navigate the process alone. This is where a mortgage broker, like Florida State Mortgage Group, Inc., can make a significant difference. But is it worthwhile using a mortgage broker in Florida? […]
