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Better Mortgage locks in approval to lend in Florida

You’re ready to buy a home and you’re seeking a preapproval letter from a mortgage lender. This letter will show exactly how much mortgage money a lender or bank is willing to lend you. The good news is that once a mortgage lender preapproves you for a loan, you can still shop with other lenders for better rates and.

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Better is a direct lender dedicated to providing a fast, transparent digital mortgage experience backed by superior customer support.

Now available in 12 states and Washington, D.C. New York City-based Better Mortgage added another market to its wheelhouse, announcing it is now licensed to lend in Florida. The approval means that Better Mortgage is now licensed to do business in 12 states, along with Washington, D.C. The other states include: arizona, California, Colorado,

If you’re looking for a mortgage, you’ve entered the arena at a pretty good time in history. Instead of doing hours of research online before making your first phone call to a lender, you can use a service like Better.com and get pre-approved for a purchase or refinance loan in a matter of minutes.

Finding the best mortgage in Florida can be hard, but at Approved Mortgage Source we are here to help you get the best rate at the lowest price.

Of course, we looked for the most competitive mortgage rates as well. A difference of 0.38% between the highest and lowest rates may not seem huge upfront, but those decimal points add up over time. A 30-year, $240,000 loan from Wells Fargo at 4.63% will set you back $445,000 after interest is factored in.

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If you have found a house to buy: How long does it take to close? If you’ve found a home already, it will probably take between 40 and 50 days to close the home mortgage, based on national averages.

Another way to reduce your loan closing costs is to lock your mortgage rate for the appropriate time frame. Rate locks are typically available in 15-day increments up to 60 days, and then in 15.

NMLS #330511 Better Mortgage Corporation | 250 Greenwich St, FL 36, New York, NY 10006 Loans made or arranged pursuant to a California Finance Lenders Law License. This site is not authorized by the New York State Department of Financial Services.