Mortgage lenders finance buyers so that they can buy their dream homes. Let’s look at the best mortgage lenders in Clearwater, FL, and assess which is ideal for home buyers amidst the forever-rising interest rates.
Reviews: 3 Best Mortgage Lenders in Clearwater, FL
1. Better Mortgage, Clearwater
Best Digital Platform
Better.com
- Min. Credit Score: 620
- 📍 Coverage: 45 markets
4.3/5
(1,918 reviews)
4.3/5
(1,918 reviews)Better Mortgage is an online platform that helps home buyers get a mortgage for new homes, refinances, etc. With its fast closing time, and highly intuitive digitized interface, Better.com offers a seamless mortgage application process.
- Pre-Approval Speed: 20 minutes
- Credit Score: 620
- Interest Rate: Lower than National Average (7%)
- Days to Close: 32 days
- Types of Loans:
- Better.com offers fixed- and adjustable-rate conventional and jumbo loans, FHA loans
- Better.com doesn’t offer VA and USDA loans
- Better.com offers fixed- and adjustable-rate conventional and jumbo loans, FHA loans
What You Need to Know about Applying for a Mortgage from Better.com –
- How to apply: Online via better.com website
Better Mortgage has 4.3 out of 5 stars on Trustpilot.
Near-Nationwide Coverage: Better.com is helping home buyers get mortgages in 47 states.
2. Rocket Mortgage, Clearwater
Best for Refinances
Rocket
- Min. Credit Score: 620
- 📍 Coverage: 45 markets
- 4/5
(2,031 reviews)
4/5
(2,031 reviews)Rocket Mortgage is an online mortgage lender and is quite popular for refinances. In 2021, Rocket Mortgage achieved $1 billion in annual closed loan volume and became the biggest mortgage lender in the U.S.
- Pre-Approval Speed: 8 minutes
- Credit Scores against Loan Types:
- 580 – FHA, VA
- 620 – Conventional
- 680 – Jumbo
- Interest Rate: Same as National Average (7%)
- Days to Close: 47 days
- Types of Loans:
- Offers fixed- and adjustable-rate conventional and jumbo loans, FHA loans
- Doesn’t offer USDA, home equity, HELOCs, land loans, or loans to purchase foreclosures
- Offers fixed- and adjustable-rate conventional and jumbo loans, FHA loans
What You Need to Know about Applying for a Mortgage from Rocketmortgage.com –
- How to apply: Online via rocketmortgage.com website or in-person at one of the 4 branch offices in Charlotte, Cleveland, Detroit and Phoenix.
Rocket Mortgage has 4 out of 5 stars on Consumer Affairs.
Nationwide Coverage: Rocketmortgage.com is available in 50 states.
3. Bank of America
Best National Bank
BOA
- Min. Credit Score: 620
- 📍 Coverage: 45 markets
- 4/5
(2,204 reviews)
Bank of America is the biggest national bank and has processed over thousands of home mortgages.
- Pre-Approval Speed: 20 minutes
- Credit Score: 620
- Interest Rate: Lower than National Average (7%)
- Days to Close: 30 to 45 days
- Types of Loans:
- Offers fixed- and adjustable-rate conventional and jumbo loans, FHA loans
- Doesn’t offer USDA loans
- Offers fixed- and adjustable-rate conventional and jumbo loans, FHA loans
What You Need to Know about Getting a Mortgage from Bank of America
- How to apply: online via bankofamerica.com
Bank of America Mortgage has 4 out of 5 stars on Consumer Affairs.
Near-Nationwide Coverage: Bank of America processes mortgages in 42 states.
What is a Mortgage?
A loan taken to buy a house is a mortgage. The borrower will make payments to the mortgage lender periodically, and the property serves as the collateral. The common types of mortgages are:
- Fixed-rate mortages: Interest rate remains constant throughout the term of the loan
- 5-year fixed-rate mortgages
- 15-year fixed-rate mortgages
- Adjustable-rate mortgages: Interest rate is fixed for a period of time, and then changes based on the prevailing interest rates once a year.
You can get a mortgage by communicating with the lender directly or via a mortgage broker.
🤌 Mortgage Brokers: Everything you need to know about mortgage brokers in the U.S
Related: best mortgage lenders in clearwater fl 2022, best mortgage lenders clearwater fl, best mortgage lenders in clearwater fl, best clearwater flmortgage lenders, clearwater flmortgage lenders, private mortgage lenders in clearwater fl, best home mortgage lenders in clearwater fl, top mortgage lenders in clearwater fl, commercial mortgage lenders in clearwater fl, clearwater flmortgage lenders reviews, best mortgage lenders in clearwater fl, list of mortgage lenders in clearwater fl, list of clearwater mortgage lenders, top rated mortgage lenders in clearwater fl, cheapest mortgage lenders in clearwater fl, south florida mortgage lenders, usda mortgage lenders clearwater fl, clearwater flhome mortgage lenders, stated income mortgage lenders clearwater fl, manufactured home mortgage lenders in clearwater fl, portfolio mortgage lenders clearwater fl, subprime mortgage lenders clearwater fl, mortgage lender in clearwater fl, mortgage companies in clearwater fl, mortgage servicing companies in clearwater fl, mortgages in clearwater fl, mortgage lenders for manufactured homes in clearwater fl, mortgage lenders in clearwater fl, mortgage lending clearwater fl, mortgage company in clearwater fl, mortgage requirements clearwater fl, mortgage clearwater fl rates, mortgage rate clearwater fl, mortgage rates for clearwater fl, mortgage rates clearwater fl 2022, mortgage rates in clearwater fl, current clearwater fl mortgage rates, refinance interest rates clearwater fl, current interest rates for mortgages in clearwater fl, clearwater flhard money lenders, best hard money lenders in clearwater fl, clearwater fl refinance rates, refinance rates clearwater fl
what credit score do mortgage lenders use in clearwater fl, what fico score do mortgage lenders use in clearwater fl, which mortgage lenders don’t ask for bank statements in clearwater fl, which mortgage lenders use fico 8 clearwater fl, do mortgage lenders use gross or net income for self-employed clearwater fl, what credit bureau does mortgage lenders use in clearwater fl, can you change mortgage lenders while under contract in clearwater fl, how far back do mortgage lenders look at credit history in clearwater fl, how many mortgage lenders should i apply to in clearwater fl, how many times do mortgage lenders verify employment in clearwater fl, when is it too late to change mortgage lenders in clearwater fl, sell house for cash, better mortgage
Uncategorized
.webp)
