A Mortgage That’s Right For You
At Home Financing Center, we want to make sure you understand your mortgage options, make smart, informed decisions and enjoy lasting financial security.
Choose from a variety of loan options to fit your current needs, including:
Fixed Rate Mortgages
A fixed rate mortgage provides you with financial peace of mind, since the monthly principal payment will remain the same for the life of your loan. If you prefer the stable, predictable payments of a fixed rate loan, you can choose from an array of repayment terms of up to 40 years. Plus, Home Financing Center can customize the loan to fit your specific needs.
Adjustable Rate Mortgages
Adjustable rate mortgages (ARMs) are a great way to effectively increase your buying power. That’s because ARMs typical offer a lower initial rate than a comparable fixed rate mortgage. After the initial period, the rate can be adjusted to specific intervals. For instance, a “3/1 ARM” is fixed at an initial low rate for the first three years, and then adjusts every year based on a national index.
Loans For First-Time Buyers
With Home Financing Center, you can take advantage of special mortgage programs designed to help first-time homebuyers achieve the dream of home ownership. Thanks to local, state and national government initiatives, qualified buyers may be eligible for lower mortgage rates, reduced down payments and assistance with closing costs.
Are you buying a luxury single-family home or condominium? Home Financing Center offers “jumbo” loans as high a $1 million or more. These loans are larger than the maximum limits for conventional mortgages set by Fannie Mae. Our programs can accommodate purchasers of primary residences, second/vacation homes and investment properties.
To help you take advantage of the changing market conditions, we offer a variety of fixed and adjustable refinancing programs. In some cases, refinancing may allow you to lower your current mortgage rate, cut your monthly payments or shorten the length of your loan, thus reducing your total income expense. This can give you more financial flexibility, allowing you to use the money you save to remodel your home, pay down credit cards or pay off other expenses.
If you own your home and are 62 or older, you may qualify for a reverse mortgage. This loan is based on the value of your home and typically does not have to be paid back until you sell the home, pass away or permanently move to another location. With a reverse mortgage, you can receive the funds as a single payment or as regular monthly income. You can also use the available funds as a line of credit, withdrawing cash when needed.
If you’re looking for a commercial loan, your expert team can put the right financial structure in place to meet your business or investment needs. Home Financing Center offers a comprehensive portfolio of commercial loans from $500,000 to $10 million or more. Our commercial loans can provide funds for the purchase, expansion or refinancing of properties, including apartment buildings, gas stations, hotels and motels, offices, raw land, schools, parking lots and other commercial spaces.
We also offer commercial construction loans, bridge loans, mezzanine loans, and equity financing for both domestic and international borrowers.
Employer Assisted Housing
To help South Florida employers recruit and retain quality, professional employees, Home Financing Center is offering the next level of employee benefits—better home solutions.
Employer Assisted Housing helps businesses assist their employees in creating a comprehensive, energetic and focused plan when it comes to evaluating home ownership needs. Home Financing Center’s specially designed employee workshops address the housing market in South Florida, and discuss how to navigate it.
Boost moral and build confidence throughout your organization with turnkey solutions for your employees. Ideal for corporations, schools, hospitals, government agencies and other major employers, our Employee Assisted Housing initiative offers significant advantages to participating organizations:
- No cost to the company
- A valued benefit to the employee
- A powerful recruiting incentive
- A competitive HR advantage
If you are having a difficult time deciding whether or not home ownership is right for you, let Home Financing Center help you make the right choice. Learn how to access up to $120,000 in free grants and subsidies provided by multiple city and county assistance programs. If you qualify, you may be able to use these funds to help with expenses like down payment and closing costs.
We’ll help you find an affordable workforce housing program tailored to fit your needs.
Loans for Foreign Nationals
Are you a non-citizen living in the U.S. and interested in purchasing a home? We understand that the hurdles of buying a property as a non-citizen can be quite challenging. Let us help you find a foreign national loan that is flexible and attractive. Whether you are looking for a loan for the initial purchase or refinancing of a primary or second home, we’ll assist you in finding a loan that’s right for you, helping you put down roots in the United States.