Choose the right mortgage to buy a home in FL

Mortgage - Choose the right Mortgage Before buying a home, you need to ask yourself a few basic questions so you can choose the right mortgage loan to buy a home.

You must keep in mind that buying a home is the most important decision in your life time.

You are buying a home in South Florida so you need to ask yourself if the home you want to buy is going to be for a permanent/forever living or if is going to be for no more than five years? If you can truly answer these questions, you will choose the right mortgage loan to buy a home.

If you are determined to buy a home in South Florida and stay there for a long time, there wouldn’t be a problem to pay off the mortgage over its lifetime. In this case you should apply for a fixed rate loan.

Payments are always the same, except for taxes and insurance that from time to time use to change. Although the interest may be a little higher than with an adjustable rate mortgage, you will always know by certain what your monthly payments will be. 

But, if you answer yourself that you won’t stay long in the house, you may want to pay a lower interest rate. Sometimes rates take a huge jump, however, you don’t have to worry about it since you are going to sell the home.

For further assistance to choose the right mortgage to buy a home in South Florida, ask your Realtor at BLUE ONE Realty today!

Contact Us

Fill this form so we can responde to your questions

MORTGAGE ARTICLES

Mortgage Rates and ToolsBLUE ONE Realty offers a Florida Real Estate section for you to learn more about real estate in Florida whether you are a first time homebuyer, home investor or want to sell a property. Florida Real Estate will keep you updated with specific articles about the Florida real estate market. The purpose of this Florida Real Estate section is to make you feel secure about the decisions you will be taking when doing a Real Estate transaction now or in the near future. BLUE ONE Realty provides high quality guidance to everyone interested in buying Real Estate in Florida. Florida Real Estate

HOME ARTICLES

Home for Sale in FloridaBLUE ONE Realty offers the Home for sale in Florida section to fulfill your expectations about what really involves homeownership in Florida State. Home for sale in Florida counts with instructive articles related to location, property search, home buying process, home buying tips and more. It doesn't matter if you are a first time homebuyer or an experienced home investor. BLUE ONE Realty provides the right tools for you to succeed throughout the entire home buying process by educating you with the best possible ways to buy a home in Florida as well as preparing yourself to write an offer to buy a home in Florida State. Home for sale in Florida

REAL ESTATE ARTICLES

Mortgage Rates and ToolsBLUE ONE Realty provides this Florida Mortgage Rates and Mortgage Caculator section to keep you informed and trained with articles related to different types of mortgage loan programs to buy a home. There are different types of mortgage programs and that's why BLUE ONE Realty decided to create this section to alert and help you with weekly articles. If you are determined to buy a home in South Florida, you definitively must be qualified and get-approved for a mortgage loan as well as getting your financial situation in good standing. Florida Mortgage Articles and Mortgage Caculator

Real Estate Glossary

Understanding is the main theme of all professions and careers. Real Estate is not the exception and in this section you will find all the technical words and daily used words within the market but in a more comprehensible language. Real Estate Glossary

Sell Your Home

By visiting this section you can be informed about the home selling process and for how much your home should be valued and more…! - Sell your Home in Florida

Become an Agent

Becoming a BLUE ONE Realty Agent is one of the best decisions you will make in your Real Estate careers, and as we all know, in Real Estate as in Life is all about making good decisions... - Become a Real Estate Agent

About Us

BLUE ONE Realty is a lot more than a Real Estate company. We are a team of professionals who know how important and stressful buying or selling a home could be... - About BLUE ONE Realty