First -Time Homebuyer's Guide to Mortgages in Orlando, Florida
Avi Mortgage Team - Primary Residential Mortgage Inc. Orlando, Florida
Buying your first home in Orlando can be exciting yet overwhelming, especially with the city's booming real estate market driven by tourism and job growth. At Avi Mortgage Team, we specialize in guiding first-time buyers through the mortgage process to secure the best rates and terms. Whether you're eyeing a condo near Disney or a family home in Winter Park, understanding your options is key.
Start with pre-approval: This shows sellers you're serious and helps you budget. Our team at Avi Mortgage Team can get you pre-approved quickly, often within 24 hours. Next, explore loan types like FHA loans, which require as little as 3.5% down-perfect for young professionals in Orlando's competitive market.
Don't forget closing costs, which average 2-5% of the home price in Florida. Building credit is crucial; aim for a score above 620 to unlock better rates, but with FHA we can get you into a home with a score of 580.
As experts in Orlando mortgages, The Avi Mortgage Team is here to make your dram home a reality. Contact us today for personalized advice at 850-473-0070.
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