An Orlando Mortgage is Your Ticket to Life in the Heart of the Sunshine State
An Orlando mortgage is your ticket to Orlando real estate, which represents some of the best of what the state has to offer. It’s pleasant weather and location at the center of our great state of Florida have helped make Orlando a focal point for things like entertainment and family vacations, luxury real estate, golf, and centralized access to Florida beaches. New residents are drawn by the city’s attractive setting among the inland lakes and citrus groves and by the increasingly charming yet metropolitan vibe offered by Orlando shopping, exciting and contemporary cuisine, and incredible night life. One thing to consider is whether an adjustable rate mortgage (ARM) might be a good choice for your Orlando mortgage home loan. It just might be if all factors fit.
Use an Orlando Mortgage for Your Florida Luxury Real Estate Purchase
An Orlando mortgage puts you in the heart of an area on the upswing. Unlike in years past where luxury homes were built only on Florida’s coasts, Orlando’s luxury real estate market has become one of the nation’s premier grown as captains of industry continue to make their way to the Orlando area.
Growing numbers of manufacturers and distributors have relocated to Greater Orlando to take advantage of its burgeoning work force. As increasing numbers of industries and businesses continue to call the Greater Orlando area home, the Orlando real estate market is exploding with new areas of Florida luxury real estate. The time for an Orlando mortgage is now.
Life in the Orlando Vacation Hub… an Orlando Mortgage Can Put You Here
An Orlando mortgage can put you square in the middle of one of the premier vacation spots in the nation. The Orlando vacation home market is still one of the most active in the nation, as families both here in the US and abroad look to own a bit of Florida getaway real estate. Increasing numbers of Northern baby boomers add to the influx of those looking at Orlando Luxury real estate as a means of seeking refuge from years of shoveling snow and scraping ice off their car windows. As vacationers grow to love the Orlando area, the property you buy with an Orlando mortgage may continue to gain value.
Whether you’re a home buyer or investor, Orlando luxury homes remain a favorite, gaining more popularity every year. With Orlando mortgage rates at favorable levels, you’re sure to find a great financing deal.
Orlando, Florida – Surrounding Areas
Not to be outdone, Orlando’s surrounding areas including Baldwin Park, Celebration, Metrowest, Lake Mary, Winter Park, and Windermere stand out as showcases for Central Florida’s most sought after luxury real estate.
Once you find an area you really like, you need to get your financial ducks in a row. This means getting a mortgage… preferably through the services of a qualified Orlando mortgage loan originator.
Find a Local Orlando Mortgage Professional
The first thing to do when you’re looking for an Orlando mortgage is to locate a qualified and experienced Orlando mortgage loan originator. As you begin your search, be sure to make sure the Orlando mortgage company you’re researching is from the area. Many mortgage loan originators today will sell themselves as being from the Orlando area, but in actuality, you’re dealing with mortgage professionals who are based out of a central office located very far from Oralndo, if they’re in the state of Florida at all.
Filling Out Your Orlando Mortgage Loan Application
Filling out your Orlando mortgage loan application is the first bit of homework you need to complete before the mortgage loan process can get up and running. Orlando mortgage rates are always shifting, but not so much that you have to worry about a major rate swing between your initial application and closing. Besides, your Orlando mortgage loan originator will lock you in at a favorable rate or float the rate until your’e happy with Orlando mortgage rates are in order to secure it prior to you closing your home loan.
On this site, we have our Orlando mortgage application right on the home page. Just look for the Big Red Apply Online Now button. This will take you directly to our secure Orlando mortgage application where you can provide us with the information we need to begin finding the money you need to buy your new home.
Go ahead and start pulling together your last two year’s of W2 statements and a most recent pay stub as well. You’ll need to submit this to us along with or just prior to filling out your online Orlando mortgage application. When we have this information for you and your co-borrower (if applicable), we can get moving on your Orlando mortgage loan pre-approval, which you’ll need to assure Realtors and sellers that your’e ready to move on a home purchase.
Orlando Mortgage Pre-Approval Letter – Your Best Negotiation Tool
When you begin to contact sellers through your Orlando real estate professional or on your own, you want to be sure you have an Orlando mortgage pre-approval letter in hand. This will let your real estate agent and sellers know that you are serious and ready to buy. Offers put in on Orlando homes are just not worth the paper their written on if sellers aren’t convinced that you are not seriously ready to buy. Attach an Orlando mortgage pre-approval letter to your purchase offer and you’re sure to get the attention of your seller.
Note: There is a huge difference between a pre-qualification letter and a pre-approval letter. Being pre-qualified for an Orlando mortgage means that you might be able to qualify for a loan. An Orlando mortgage pre-approval means that a lender has agreed to move forward with funding your loan pending the review of a few select documents. When you get to this stage, an Orlando mortgage pre-approval is the only way to go. Be sure this is what you get.
Making Your Purchase Offer
As you go through the process of finding the right Orlando property, you’ll eventually get to a point where you and the home seller will come to terms on a mutually agreeable price, a desired closing date, whatever terms you both decide are reasonable.
This is where your Orlando mortgage professional really needs to shine! You’ll want to be sure that they keep in contact with all the different parties involved with your mortgage and home purchase so that everyone stays up to speed and on the same page.
Once your seller accepts the purchase offer, your Orlando mortgage loan originator will help you through the rest of the process which includes you paying for an appraisal and your loan originator getting your paperwork through the lender’s underwriting process.
At this point, if all is in order, you show up to closing and leave as the owner of your new home!
If you’d like more information on financing your Orlando, Florida luxury home, town home and condo, don’t hesitate to email, or call me at 888-859-7418 today! You may also apply for an Orlando mortgage loan pre-approval by visiting my secure online application website.