Your Source for a Custom, Comfortable Home-Buying Experience
Create sustainable wealth that can be passed down from generation to generation. We simplify the home buying experience by offering a truly custom residential mortgage service for those looking for a home in the Orlando area. Whether this is your first home or simply a new place for you and your family, we understand how stressful and difficult this process is – and it is why we are committed to offering you the very best home buying experience there is.
Before you even start looking at homes for sale, it’s important to determine your needs and budget. Speak with one of our friendly mortgage advisors for sound advice and savings strategy.
Once we have you pre-approved, then you can start house hunting! We have worked with amazing agents all over Florida and we can connect you with the right one for the areas your interested in. Our agents know your market and work with you to find your dream home on your budget.
Home Loan Options
Fixed Rate Mortgage
Fixed rate mortgages are the most common types of home loans you’ll learn about. They are best known for their appealing mix of affordability, simplicity and convenience.
Adjustable Rate Mortgage
ARMs are an excellent product for markets when purchasing in an increasing rate environment. They are fixed for the first 5/7/10 years and then adjust every 6 months.
Home Renovation Loan
Need to buy a fixer-upper? Want to improve or add on to your current primary home? We have products to accomplish those goals. From fix-n-flips to FHA 203K renovations, call or email to learn more.
Home loans for larger and high-end luxury home market. These loans exceed the conforming loan limits set by the Federal Housing Finance Agency and can’t be guaranteed by government backed FNMA or FHLMC.
These are FHA and VA home loans. FHA loans are designed to help first time home borrowers with their first home. VA loans typically have lower rates and little to no down payment benefiting our Veterans.
Interest Only Mortgage
Typically only available with Jumbo Loans. These options are great for home buyers who are not looking to stay in their home long term. Usually designed to push the bulk of the payments later on into the loan.
Home Loans from the Happiest Place on Earth
Moving to Florida? Buying a new home? No matter you or your situation, at Orlando Mortgage Group we are focused on providing the highest level of service, communication, and friendliness there is. We keep you posted and update you about every aspect of the home mortgage process because we know that when you are buying a home you already have plenty to worry about – hearing from your lender should not be one of them.
*Rates are constantly changing, always lock your rate when given the opportunity to do so.
Refinance Your Mortgage
Refinance to lower your effective debt rate. Consider your home loan rate, auto loans, other installment loans, and most importantly the credit card rates. We can consolidate all your debt down to one simple monthly payment.
Home Renovation loans
Replace your roof, install a pool, renew your kitchen and bathrooms, install new flooring and paint. Tap into the increased value of your home and growing equity for home improvements or make costly repairs. Buying a home that needs some work before moving in? Maybe a FHA 203k loan would be right for you. Call or email us to speak with a mortgage advisor about your plans.
If your loan amount is above the confirming loan limits, you may need a Jumbo Loan. The max confirming loan limit in 2022 is $647,200. Find out why a mortgage broker can give you better rates, better service, close faster, and will always pick up the phone when you call.
We are a local lender working in your community. We have many resources and referrals for all kinds of services for your home, repairs, upgrades, maintenance, and other professional referrals you might need in life. Just another benefit when working with your local mortgage broker.
30-Year Fixed Rate Mortgage Examples
|30-Year Fixed LOAN DETAILS|
|0 Points||1 Point|
|Term:||30 Yr||30 Yr|
|Monthly Principal & Interest Payment:||$1,229.85||$1,172.02|
FHA 30-Year Fixed Mortgage Rates
FHA Loans are great first time home buyer loans for borrowers with below optimal credit and with a lower down payment. The minimum down payment is 3.5% of the appraised value of the home. Plus you will need to pay for closing costs or negotiate with the seller to cover some or all closing costs. FHA loans have mortgage insurance for the life of the loan. You should refinance out of an FHA loan into a conventional loan when it makes financial sense to do so.
VA 30-Year Fixed Mortgage Rates
The VA Home Loan is an excellent type of loan for our service members and their spouses. The VA Loan does not require a down payment, but the terms are better with a down payment. You will need a COE from the VA for pre-qualification. In most cases, the VA Loan is not always better than a conventional loan if you have a great credit score and a good down payment.
About Orlando Mortgage Group.
Orlando Mortgage Group, LLC is a small family oriented brokerage aimed at providing the highest possible level of service, communication, and focus for our clients. We are not a call center and we do our very best to pick up on every call. We love our first time home buyers and we will spend the time to help you get ready for your first purchase. Our consultations and advice are always free and friendly. Give us a call, text, or email to learn more and get you on track to home ownership.
Are you a newly licensed Mortgage Loan Originator and looking for a local brokerage with a friendly family atmosphere? Do you need training and access to the top lenders for all kinds of mortgage loans? Do you need a business coach to help guide you in your new career? If so, we would love to speak with you! Send us an email with your resume and NMLS number to get started.
Company Licensing Information
Orlando Mortgage Group, LLC. NMLS #2337680
Christopher Wordsman NMLS #2002230
Jon Fehlberg NMLS #344396