Florida Home Equity Loan
A Florida home equity loan has a fixed interest rate and disburses at closing. A Florida home equity loan allows you to take home equity out of a Florida property. An interest only Home Equity Loan will lower your payment. For difficult to verify income, a stated income Home Equity Loan is available. A Home Equity Loan with no closing costs is available as well. I am a home equity loan mortgage broker specializing in home equity loan products and am fully licensed to help with your Florida home equity loan. Email any questions you may have about a Florida home equity loan
A major advantage of the Florida home equity loan is that your interest costs are generally tax deductible. A comparison between the after tax costs of the home equity loan and any consumer loan should always be done before any major purchase. Please give me a call if you need help with the calculation.
We can lend up to 100% of the home equity in your Florida home but understand that the interest rate will be somewhat higher if your Florida home equity loan is over 90%(combined first trust and home equity loan) of the value of the property. We will allow up to a 50% home equity loan Debt to Income ratio (DTI) with good credit. Please see the link below for more information on qualification ratios.
Common uses of a Florida Home Equity Loan
Read more about Home Equity Loan Closing Costs
Learn more about the tax considerations of a home equity loan
Learn about the differences between home equity loans and lines
I have included a page on how to calculate your qualification ratios.
I have included a page on documentation requirements.
We offer you the ability to qualify and close into several unique programs which accommodate borrowers with non traditional income or asset situations.
* I have included a section on the new Cash Flow ARMS. A LIBOR based product which gives you complete flexibility in managing your mortgage.
The new Asset Manager is a creative product which gives you complete control over your mortgage as well.
I have also included a debt consolidation calculator which may be useful to you.
As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your consumer and mortgage debt is structured today can have a life changing effect in the years to come. Read more about this free, no obligation service.
Prequalify for your
Florida home Equity Loan