Most adjustable rate loans (ARMs) in Pensacola Florida have a low introductory rate or start rate, some times as much as 5.0% below the current market rate of a fixed loan. This start rate is usually good from 1 month to as long as 10 years. As a rule the lower the start loan rate the shorter the time before the mortgage loan makes its first adjustment. Check your rates before you purchase your Pensacola Florida real estate, know what you can afford and what mortgage loans you qualify for.
We take each customer's loan very personally, as though we were financing our own homes. You can always reach us—and if you do have to leave a message we will always return your call immediately. Some lenders leave their customers guessing about the status of their loan, but we understand just how stressful buying a new real estate in Pensacola.
The right type of Pensacola Florida mortgage for you depends on many different factors:
your current financial picture, how you expect your finances to change and how long you intend to keep your real estate purchase.