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Mortgage FinancingEstablishing a budget for your home payments is the most important aspect of your new home purchase. It is essential that a proper loan qualification amount is established in the beginning of the mortgage process. Many different loan programs are available to finance your new home, finding the best loan for your individual needs is the job of a well qualified mortgage loan consultant. You may choose any lender that is properly licensed in the state of Florida. Remember to always ask for a Good Faith Estimate (GFE) when you make an application for a loan, the lender is required by a Federal Law called RESPA to give you a GFE within 3 days of application. This GFE will be the basis for our comparison and selection of the best loan. Please understand that a GFE is date sensitive. A final comparison must be done with the same date to compare interest rates and fees because the mortgage industry is always in a constant state of change. Major Builders have their own loan companies that offer competitive rates and programs as well as the convenience of keeping the loan file in house. It makes sense to shop smart when comparing different loan programs, we recommend you always meet with and ask questions of a loan consultant in a face to face meeting. New Home Construction Realty LLC has a relationship with and recommends you contact the following because of their integrity and great rates. Click here for mortgage recommendationsFBC Mortgage |