Florida Home Loans

Written by Ingrid Chen
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Florida is an immensely popular place to retire, especially southern Florida. It's warm, sunny and surrounded by white beaches and the ocean. What more could you ask for? Perhaps you are looking to retire. Perhaps you are buying your first home. Whatever the reason, if you are moving to a new area, there are some things for you to think about.

What's Important to You

When moving somewhere unfamiliar, you'll not only want to look at houses, but you'll want to inspect the neighborhood as well. If you have children, find out about the local schools. A good real estate agent will not only be able to show you homes that are appropriate for you but should be able to tell you about local schools, doctors, grocery stores and community activities.

In addition, a good real estate agent can probably point you in the right direction of a mortgage company. It's important that you check out several lenders. You'll want to compare fees, interest rates and the general feeling you get from the company and the people who work there. You're excited about getting a new home. It's nice when your mortgage lender shares that excitement.

The law requires mortgage brokers to make you aware of any and all interest rates and fees before you even apply for a loan. You shouldn't have to pay any of them until you have received your loan. Before you apply, get some basic information from the company in writing. Know how long they have been in business, their possible sources of money, a complete description of services they offer and the number of successful contracts in the last year.


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