Latest posts
Loan Estimate vs Closing Disclosure: TRID Timing for Realtors
Loan Estimate and Closing Disclosure timing for Realtors: 3-day rules, what restarts the clock, and which closing costs can change. Cited to 12 CFR 1026.19
Credit Score Requirements for a Florida Mortgage: FHA, VA and Conventional
Credit score requirements for a Florida mortgage: FHA 580 and 500 tiers, VA with no minimum, Fannie Mae matrix floors, and what to fix before you apply.
Cash-Out Refinance vs HELOC in Florida: Which Fits Your Equity?
Cash-out refinance vs HELOC in Florida: how each works, the 35-cents-per-$100 stamp tax, Fannie Mae loan-to-value limits and when each option fits.
USDA Loans in Florida: 0% Down, Rural Areas and Income Limits
USDA loans in Florida: 0% down in eligible rural areas, the 1% upfront and 0.35% annual fees, income limits and property rules. Check your address first.
Mortgage Broker vs. Bank in Florida: How to Compare Offers Line by Line
Mortgage broker or bank in Florida? Learn how brokers are paid, what Florida law requires of loan officers, and how to compare two Loan Estimates line by line.
Florida Hometown Heroes: Down Payment Assistance for Teachers, Nurses, First Responders and Veterans
If you work in a Florida classroom, hospital, fire station or child care center, or you serve in the military, there is a state program built to help you buy a first home: the Florida Hometown Heroes Housing Program. It is run by the Florida Housing Finance Corporation, and it is one of the most…
Seller Concession Limits: FHA, VA, Conventional and USDA
Seller concession limits by loan type: FHA 6%, conventional 2-9% by LTV, VA 4% and USDA 6%. What counts, what doesn’t, and Florida offer tips.
Low Appraisal on a Florida Home Purchase: What It Means and Your Options
You found the house, your offer was accepted, and then the appraisal comes back lower than the price in your contract. It is one of the most stressful moments in a purchase, yet it is also one of the most manageable if you know your options before it happens. This guide explains what an appraisal…
Closing Disclosure in Florida: The 3-Business-Day Rule and How to Check It Before You Sign
The Closing Disclosure is the last major document you will review before you sign for a mortgage, and it is the one most buyers skim. That is a costly habit. This is the form that shows your final loan terms, your final costs and the exact cash you need to bring to the table. Federal…
Mortgage Rate Lock in Florida: How Long to Lock, What It Costs and What Can Still Change
How a mortgage rate lock works, how to choose a lock length for a Florida purchase, and the questions to ask your loan officer first.
