NMLS 2275047
The greatest missed opportunity for most of us is not marketing to our existing database! Hopefully you’ve been following our advice from previous Marketing To Your Database emails, and you’re calling your clients with these valuable touch points and of course asking for a referral at the end. If you do this singular activity on […]
Read More…Watch our YouTube Video on Blended Credit here: https://youtu.be/1mZjkOBIfWs As of September 18, 2021, Fannie Mae’s new credit score rule allows lenders to average the co-borrower’s FICO scores together to determine eligibility for a conventional loan. What does this mean for you? Using the same example of the two co-borrowers with credit scores of 690 […]
Read More…What is a Closing Statement, Settlement Statement? A closing statement is a document that records the details of a financial transaction. A homebuyer who finances the purchase will receive a closing statement from the bank, while the home seller will receive one from the real estate agent who handled the sale. Understanding the Closing Statement […]
Read More…What is the Homestead Exemption? The Homestead Exemption is a valuable property tax benefit that can save homeowners thousands on their taxable value. The homestead exemption is a way to minimize property taxes for homeowners. It is also a legal provision offered in most states that helps shield a home from some creditors following the […]
Read More…Watch our Video on Mortgage Buydowns here: https://youtu.be/7afbNLNfhrY What Is a Buydown? A buydown is a mortgage financing technique in which the buyer attempts to obtain a lower interest rate for at least the first few years of the mortgage or possibly its entire life. A 2-1 buydown, for example, is a specific type of […]
Read More…Choice Mortgage Group has expanded temporary buydown options for jumbo loans at a time when mortgage rates are still high, and borrowers have increased negotiating power. The Boca Raton, FL-headquartered lender will offer borrowers of jumbo loans an option to reduce their mortgage rates by 2% during the first year of the loan and by […]
Read More…FHA loan limits are increasing in 2023. The new baseline limit — which applies to most single-family homes — will be $472,030. That’s an increase of more than $51,000 over last year’s FHA loan limit of $420,680. In the South Florida Tri-County Region (Miami-Dade, Broward, and Palm Beach Counties), the FHA loan limits are increasing […]
Read More…It’s easy to fall in love with a home and overlook some of its flaws. If the flaws are minor, like updating paint or decorations, that’s no big deal. However, overlooking major flaws can be a costly mistake. While you should always hire a professional home inspector before purchasing your home, there are several red […]
Read More…One of the many rewards of defending our nation is assistance in buying a home. For qualified individuals, the U.S. Department of Veterans Affairs guarantees mortgages, which makes it possible for approved lenders, like Choice Mortgage Group, to provide exceptional deals to current and former members of the military. Who is Eligible for a VA […]
Read More…Click Here To Watch Our PMI Video: https://youtu.be/cQPsJoDQbxg Conventional mortgages require homebuyers to pay a 20% down payment on a home purchase. The purpose of this is to ensure that the homebuyer is financially committed to the house, lowering the lender’s risk that the homebuyer may default. According to Redfin, a national real estate brokerage, […]
Read More…You’re ready to close on your new home and move in shortly. However, unless your home is new construction, it will probably need some repairs or sprucing up when you move in. While the home inspection catches any major repairs that the seller needs to complete before closing, there are always minor fixes that the […]
Read More…Buying a home is the largest single investment that most people will make in their lifetime. It’s important to take a methodical approach to ensure that you are making the best possible choice for your family. Many future homebuyers often wonder if there is an optimal time of year to purchase their home. The best […]
Read More…
2424 N Federal Hwy, Suite 100
Boca Raton, FL 33431
(561) 395-6900
(888) 216-6476
NMLS 2275047
Apply Now
Send Docs
FAQs
Calculator
Sitemap
Are You A Retiring Loan Officer
Official Mortgage Lender of FAU AthleticsIMPORTANT DISCLOSURES | PRIVACY POLICY | PATRIOT ACT | STATE LICENSING INFORMATION | LEGAL & DISCLAIMERS
© 2023 Choice Mortgage Group. All Rights Reserved. Web Managed by IWD Marketing
To help the government fight the funding of terrorism and money laundering activities, Federal law requires us to obtain, verify, and record information that identifies each person who applies for a mortgage loan or other financial services with this establishment. We will ask for your name, address and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
