Your Florida Mortgage and Lender Resource

Are you looking for a home loan in Florida? Unless you're lucky enough to have your new home's full purchase price in cash, you'll need a home loan, also called a mortgage, to purchase a home in Florida. Mortgage rates differ throughout the country, and even between communities, so Florida mortgage rates will be different from those in other states.

Florida currently has a very active housing market, and prices can vary greatly from one area to another. For instance, in March 2005, the median sales price for a single-family, existing home in the Fort Myers area was $246,600. During the same time period, the median home price in Pensacola was just $146,100, while in Naples, it was $430,800. (Source: Florida Association of Realtors®)

So select the right area of Florida for you, and then choose the right mortgage.

The goal is to find the best Florida mortgage for your needs. The first step in your search is to complete our easy-to-use form. Simply fill out a few fields, and then let multiple lenders compete to offer you the lowest mortgage rate. Whether you're purchasing a new home, refinancing your current home, or looking for a home equity loan, the process is easy, quick, and puts the power of competitive bidding to work for you. Get started right now - click here to compare mortgage rates.

Step two in researching your new Florida mortgage is to browse and compare mortgage rates using our mortgage directory, where you will find the lowest mortgage rates from hundreds of mortgage companies updated daily. Once you have found a mortgage rate that meets your home loan needs, contact the appropriate mortgage company and get started on financing your future!

In the growing Florida housing market, it can be a challenge to decide what size and type of home will best meet your requirements, both personally and financially. One of the first questions you must ask yourself - and answer honestly - is: How large a home loan can I afford? The size of your requested mortgage, and how that will fit into your current income and financial obligations, is one of the key factors banks consider in approving your home loan.

Use our mortgage calculators to determine what size mortgage you can afford for your new Florida home. Our Mortgage Payment Calculator shows you approximately how much you will pay each month on your Florida home loan, depending on the interest rate and loan amount you select.

Our Home Affordability Calculator provides an estimate of the size of the mortgage you can afford. Simply fill out a few key fields, and it will estimate the maximum home price you can afford (based on some standard calculations) for your new home in Florida.

Ready to start shopping for a loan? Beginning your search for a home loan is easy. We'll even help you figure out the mortgage amount that will allow you to buy your new Florida home. Click here to get started.