Should I refinance my florida home

You should evaluate whether to refinance your home based on todays interest rate and the rate that you currently have along with you current income. If your income is declining but your house hold expenses are going up you should consistantly evaluate your situation. Fill out a loan application at http://www.floridadreamloans.com to get a rate.

I am a Florida Mortgage Broker and will analyze all of your info to help find a progran for you. If you are in an adjustable rate mortgage you might want to refinance and get a fixed rate loan to protect you from future increases.

Tapping into your home equity If you have been paying off your Florida mortgage diligently you may have equity in your home. Tap into that wealth and reward yourself. We'll help with the best program to fit your goals.

Our mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in buying a new home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you. We will help you qualify, apply and be approved for the right mortgage loan for you. Not anyone else!

What will I need To Refinance or Buy my Florida Home:

 

In general, the documentation you will need includes: Check for application fee Property Information (if you already have a contract on a house) Purchase Agreement. Copy of legal description and MLS sheet. If you are selling your current home, copy of listing contract. If you have sold your current home, copy of settlement statement (HUD-1).

Income & Assets

Pay stubs for the last 30 days.  For the past two years: 

 

Names and addresses of each employer.

 

W-2s Statements for each bank, mutual fund, and/or investment account for the last three months. Estimated value of personal property and furniture.   If you have made any large deposits to your accounts: 

 

Explanation and source for deposit.

 

If large deposit was a gift: 

 

Signed gift letter (lender can supply).

 

Copy of gift check.

 

Copy of deposit receipt.  If you own more than 25% of a business: 

 

Corporate or partnership tax returns.  If self-employed: 

 

Tax returns for the last three years (with schedules).

 

Year-to-Date Profit and Loss Statement prepared by an accountant.   If you own rental property: 

 

Tax returns for the last two years and current rental agreements.  If you are retired: 

 

Pension Award Letter.  If you receive Social Security: 

 

Social Security Award Letter.  If you are counting child support as income: 

 

Copy of divorce settlement.

 

Copy of twelve months of cancelled child support checks.

Debts

Names, addresses, account numbers, balances and monthly payments on all current loans. Explanation of credit report anomalies, including: 

 

Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens.

 

Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers).

VA Loans

Copy of DD Form 214, Report of Separation.

Miscellaneous

Photo ID and proof of Social Security number. Residence addresses for the past two years. If applicable, a copy of your divorce decree. If you are not a citizen, a copy of the front and back of your green card.

Some Info Provided By My Website http://www.floridadreamloans.com

David Chamberlain 727-239-2188