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Mortgage Broker Fort Lauderdale FL | Florida State Mortgage Group, Inc.

Florida State Mortgage Group, Inc. are mortgage brokers in Fort Lauderdale, offering a comprehensive selection of loan options. Call us at (954) 359-3000.

  • About
    • About
    • Living in Fort Lauderdale
  • Loan Options
    • Loan Options
    • VA
    • FHA
    • Conventional
    • Jumbo
    • First Time Home Buyer
    • Self Employed
    • Condominium Mortgages
    • Mortgage Credit Certificate
  • Purchase
  • Refinance
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    • Resources
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Call us for a FREE Consultation

(954) 359-3000

  • About
    • About
    • Living in Fort Lauderdale
  • Loan Options
    • Loan Options
    • VA
    • FHA
    • Conventional
    • Jumbo
    • First Time Home Buyer
    • Self Employed
    • Condominium Mortgages
    • Mortgage Credit Certificate
  • Purchase
  • Refinance
  • Resources
    • Resources
    • Calculator
    • Document Upload
    • Home Purchase Qualifier
    • Refinance Rate Checker
    • Search Home For Sale
    • Home Value Estimator
    • What is Your Credit Score?
  • Blog
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  • Apply Now

How Working With a Florida Mortgage Broker Can Save You Time and Money

January 6, 2020 by Stephen McWillam

Buy a Home in Fort Lauderdale

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 save you money at the closing table.

Mortgage Broker Vs. Mortgage Banker

Mortgage brokers are professionals who have access to many different mortgage products and financial institutions and investors unlike a mortgage banker who only can offer mortgages available through his or her own institution. Working with a mortgage broker can also give a borrower access to lenders that brokers only have access to, known as “wholesale lenders”.

The Priority is the Borrower

Because a mortgage broker doesn’t work for a particular institution, the priority is the borrower. A mortgage broker will often take more time and energy to make a mortgage approval happen because he or she does not get paid until a loan closes. A mortgage banker typically is a bank employee who gets a salary whether your loan is approved or not.

Finding the Best Mortgage Product

Mortgage brokers will have access to many different lenders and can quickly focus on the best lender for a borrower’s scenario. Consequently, a mortgage broker won’t waste valuable time seeking approval with a lender that is all wrong for the borrower. In most cases, a mortgage broker’s compensation comes from the lender at closing, not from the borrower.

A Mortgage Broker is a Skilled Advisor

A mortgage broker essentially acts as an advisor between a borrower and a lender. A mortgage broker will have the availability of many different lenders for a borrower to choose from and will be able to steer them to the best product for their particular set of circumstances.

Mortgage brokers can help simplify the approval process since they work with these lenders often and will know what their requirements are. With more personalized service and the willingness to do much of the legwork for the borrower, working with a mortgage broker often means peace of mind for a borrower.

Offering Options

Working with a mortgage broker will offer options that a borrower won’t have by going to one institution. As the industry is always changing, a professional Florida mortgage broker will help a borrower understand the nuances of getting the best rates and terms. With experience, a mortgage broker will know which lender will be best for a borrower and which lenders to steer clear of.

Call a Professional

Today, many more borrowers are choosing to work with mortgage brokers for that in-person service and the important insight and advice when it comes to the mortgage industry. If you are looking for Florida mortgage financing for a new home purchase or refinance, call our certified professionals at Florida State Mortgage Group, Inc. today at (954) 359-3000 to see how we can help you. We serve Fort Lauderdale, Broward County, Miami, Palm Beach, Orlando and all throughout the entire state of Florida.

Filed Under: Mortgage Broker Tagged With: Florida, Fort Lauderdale, Tips To Find The Best Mortgage Broker

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Fort Lauderdale's Top-Rated Mortgage Company

Florida State Mortgage Group, Inc. is located on 1512 E Broward Blvd #204A, Fort Lauderdale. From Fort Lauderdale-Hollywood International Airport (FLL) head northwest toward Terminal Dr/Upper Terminal Dr and use the right 2 lanes to turn slightly right onto Terminal Dr/Upper Terminal Dr. Then use the left lane to keep right at the fork and follow signs for Departures and use the left lane to continue toward US-1 N. Next, keep left at the fork, follow signs for US-1 N/Ft Lauderdale and merge onto US-1 N. After that merge onto US-1 N and keep left to stay on US-1 N. Finally, turn right onto E Broward Blvd and Florida State Mortgage Group, Inc. will be on your right.

We are open Monday - Friday 9am - 6pm, Saturday - Sunday 10am - 4pm.

For additional questions you can call us at (954) 359-3000 or you can find us on Yelp and Birdeye.

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Florida State Mortgage Group, Inc.
1512 E Broward Blvd #204A
Fort Lauderdale, FL 33301
Phone: (954) 359-3000
Fax: 954-449-0283
NMLS# 393326
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Florida State Mortgage Group, Inc, Mortgage Broker, Fort Lauderdale, FL
Equal Housing Lender

Florida State Mortgage Group, Inc. is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.

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