Services | Treasure Coast Home Loans
OUR SERVICES Treasure Coast Home Loans
“Small acts of service, when multiplied by millions of people, can transform the world.” Howard Zinn
When you work with an independent mortgage broker, you expect efficiency, professionalism, knowledge, and expertise.
When you work with Treasure Coast Home Loans, you can also expect kindness, service, empathy, work ethic, and selflessness.
We understand that service is like a good friend dropping everything to help you. And that's how we do business.
Check out our services below and see how your new mortgage brainiac friend can help!
Residential Mortgages
When you borrow money to buy your home, you apply for a residential mortgage.
The concept is simple, but the process can be complicated.
Especially when you start comparing rates, terms, and types of loans, Below are a few simple mortgages we help you to obtain. Everyone's circumstances are different, and each loan type is designed to help your particular needs.
- VA loans
- FHA loans
- Zero down loans
- Non-QM
- Conventional
- Refinancing
First Time Homebuyers
You've been renting for some time, and you feel like you are flushing away money. You know the best financial decision you can make is buying a home, but it is almost impossible to save enough money.
So, every month you write that rent check, and every month you wonder why.
Stop wondering and talk to us today. There are many programs out there for first-time homebuyers, and odds are, you already have enough money to buy your first home!
Here are a few tips to get you started.
- Decide how much home you can afford
- Check and strengthen your credit
- Research first-time homebuyer assistance programs
- Get a preapproval letter
Need to ask a few questions before you make a decision? Shoot us a quick message, and we can walk you through the buying process.
VA Loans
You did your part by keeping our family safe. And we thank you with sincerity.
Now let us help you figure out your best loan option. Listed below are the benefits of a VA loan compared to a traditional mortgage.
- No money down
- No PMI
- 620 credit benchmark
- Easy DTI ratios
- Lower closing costs
- Shorter wait time for bankruptcy and/or foreclosure
FHA Loans
Your credit is far from perfect. You have some money saved, but not a lot. Your rent is high, and you know that money could be going towards something. However, you assume you aren't ready for a house just yet.
The reality is... you might be the perfect candidate for government-backed FHA loans. Below are 6 FHA loan benefits.
- Lower credit score requirements
- Lower mortgage rates
- Higher debt to income ratios
- Buyers can cover closing costs
- Lower down payments
- FHA loans are assumable
Need to ask a few questions before you make a decision? Shoot us a quick message, and we can walk you through the buying process.
Zero Down Payment Mortgage Options
You're paying anywhere from $800 a month to $2000 a month in rent. You know that money would be better off going towards a mortgage instead of your landlord's pocket. BUT you are having trouble saving for that "down payment".
If this sounds like you, several options can help finance your home purchase. Here are a few of our favorites.
- VA loans for active duty and Veterans
- USDA loans
- Single-family direct homeownership loans
- Single-family guaranteed homeownership loan
VA loans and USDA loans offer incredible incentives; however, some borrowers find better rates and terms with FHA loans depending on the market and their ability to afford a down payment.
Contact us to learn more about other options available to you, 772-444-6362.
Conventional Loans
You have excellent credit, you have over 20% of the asking price for a downpayment, and you've been gainfully employed for more than two years.
You know you qualify for the lowest rates, but did you also know you still need to shop for those rates?
Rates are not guaranteed, and each bank will adjust your rate depending on their "risk" algorithms. If you don't do your due diligence by locking in a rate, the APR can increase at closing.
Worst of all, the simple act of going to several banks will hurt your credit score when they run multiple credit checks, costing you thousands of dollars.
Conventional loans are outstanding, but there are a few things to consider before going to your bank.
Need to ask a few questions before you make a decision? Shoot us a quick message, and we can walk you through the buying process.
Refinancing
Did you know 2 years ago rates were 4.5% and today they are close to 3%?
Did you also know that a 1.5% could cost you $75,000 over the lifetime of a $400,000 30-year mortgage?
Now might be a great time for you to consider refinancing your mortgage.
Contact us to learn more about other options available to you, 772-444-6362.
Or check out or Mortgage calculator to see how much you can save.
Treasure Coast Home Loans Broker Spotlight
Edgar is here to help answer any questions.
Find out what loan type is right for you. Learn more about how the process works, or ask Edgar about his Frenchies (French Bull Dogs that is).
No matter your question, Edgar, will love to hear from you!
Contact us today to learn more about the application process.