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14y ago

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Where can I go to get a Florida home loan?

There are a number of possibilities , however, I would check with Florida Mortgage first. Then follow up with Florida Home Loan, or any Bank. Many if not all Banks deal in mortgages.


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The cheapest place to refinance your home in Florida will vary depending your credit score and they interest rates offered. Credit Unions often offer lower interest compared to traditional banks.


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There are 12 Federal Home Loan Banks. They are owned by member institutions including savings and loans, commercial banks, savings banks, etc. The Federal Home Loan Banks serve as whole sale lenders to their member institutions. If you'd like to learn more about the Federal Home Loan Banks, take a look at the book, Mission Expansion and the Federal Home Loan Banks (SUNY Press, 2010).


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Information about mortgages in Florida can be found at Mortgage Rate, Florida Mortgage Alliance and Mortgage Lenders. To see rates, check the local newspaper every Wednesday when the banks post their updated mortgage rates.


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Most banks approve home improvement loans based on the equity in your home. So yes, you will likely need to be the homeowner in order to be approved for this type of loan.


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