Home Loans in Dr Phillips, FL

Home Loans in Dr Phillips, FL

Home Purchase Qualifier

At Ace Lending Group, we have helped home buyers find the right homes in Dr Phillips, FL for years, offering actionable information about the constantly changing housing market. Our loan officers work with prospective home buyers to secure the loans needed. They use their experience and knowledge of the evolving home market to help you decide which of our home loan options works best for you. If you have questions about home loans, and would like to speak with one of our loan officers, please call (407) 902-2262 today.

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Home Loans in Dr Phillips, FL

Do I Qualify?
Do I Qualify?

There are many things to consider when determining if you qualify for a home loan in Dr Phillips. The first thing most lenders look at is your household income. Lenders want to know you can provide for your mortgage payment and other household related expenses.

The property type you are considering can influence your ability to get a loan. The easiest properties to buy are a primary residence. A primary residence is a house you plan to live in for a majority of the year, for years to come. Primary residences pose fewer risks to lenders, and specific types of government-backed loans are only available for a primary residence.

The lender will use your credit score to determine if you consistently pay your bills on time and do not take on too much debt. You will need to have a FICO Score of at least 620 to qualify for most types of housing loans. An FHA Loan is ideal if you have a credit score below 620.

Debt-To-Income Ratio is another determining factor for lenders. Mortgage lenders want to know that you have enough income to pay your mortgage and other home related bills. Your Debt-To-Income ratio informs lenders about how much of your income goes to required monthly bills.
- Complete our simple mortgage pre−approval letter request
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs
Our Home Loan Options
Our Home Loan Options

If you are looking to purchase or build a new home in Dr Phillips, Ace Lending Group can help. Our experienced loan officers will discuss your available home loan options and help you understand and decide what is best for you. If you intend on living in your home for many years to come for a majority portion of the year, a 30-year fixed-rate mortgage is for you. 15-year fixed-rate mortgages offer lower interest rates and a higher monthly mortgage payment, and Adjustable-Rate Mortgages (ARM) are ideal for those who only plan to stay in their house for a short duration.

For more information on the home loans available, please visit any of the links below!

Home Loans in Dr Phillips, FL

Why Use Ace Lending Group near Dr Phillips, FL?

At Ace Lending Group, our experienced loan officers will work with you to help you identify all available options to help ensure you make the best decision regarding your mortgage loan needs. We offer various services and have the experience to provide accurate financial advice. We work hard to exceed your expectations and are available whenever you need us. If you have questions about our services, you can reach us anytime by phone, email, or fax!

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Home Loans in Dr Phillips, FL