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Florida Mortgage Rates Today — Live Averages & What Drives Your Quote
Compare today's Florida mortgage rates across FHA, VA, USDA, Conventional and Jumbo loans. See the current Freddie Mac PMMS national benchmark, how Florida doc-stamp tax, intangible tax, and hurricane-insurance costs move your APR versus your note rate, and get a real scenario-specific quote from a Simply Approved Mortgages Loan Officer (NMLS# 2620881).
- ✓Florida note rates track national MBS pricing — the Freddie Mac PMMS averages below are the industry weekly benchmark, refreshed Thursdays.
- ✓Your Florida APR includes state-specific fees (doc stamps + intangible tax) that separate it from the note rate.
- ✓Hurricane-driven homeowners insurance raises your escrowed payment and DTI before the rate is priced.
- ✓Your final Florida rate = national base rate + agency LLPAs for FICO, LTV, occupancy, property type and loan purpose.
- ✓The only binding rate, APR and payment figures are on your Loan Estimate — not on any website, including this one.
Written by
Simply Approved Mortgages Team
Licensed Loan Officers · NMLS# 2620881
Get your personalized scenario summary
Complete the short request and a Simply Approved Mortgages Loan Officer sends back a written summary built from your own numbers: estimated payment breakdown, estimated cash to close, the loan structures that fit your file, and what documentation the file will need.
- Estimated monthly payment with taxes and insurance
- Estimated cash to close for your scenario
- Loan options your profile may fit
- Document checklist for your file
Takes about 3 minutes · Summary shown on screen and emailed to you
Illustration only, generated from the information you enter. Not a rate quote, lock, loan estimate, pre-qualification, offer, approval, or commitment to lend. Figures are subject to credit, income, asset and property review and full lender underwriting; binding numbers appear on your Loan Estimate.
Scenario summary
- Purchase price entered
- $412,000
- Down payment entered
- $20,600
- Estimated loan amount
- $391,400
- Estimated cash to close
- $14,300
- Programs reviewed
- 4
Sample layout with example figures — your own numbers replace these. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.
How Florida mortgage rates today are actually set
Advertised Florida mortgage rates — including the Freddie Mac PMMS averages shown below — are national survey averages for a well-qualified borrower on a standard scenario. They are not a Florida-specific quote. Your rate is a function of your credit score, loan-to-value (LTV), debt-to-income (DTI), loan purpose, occupancy, property type, loan amount, county loan limit, and the day and time you lock. Per the CFPB TILA-RESPA Integrated Disclosure (TRID) rules, the only binding rate figures are the ones printed on your Loan Estimate.
Why Florida matters: Florida ranks among the top three states nationally for home-purchase originations per the most recent CFPB HMDA public data release — meaning wholesale investors price Florida aggressively across FHA, VA, and Conventional programs.
Florida market realities that move your rate
- Florida has one of the largest mortgage markets in the U.S. by origination count per HMDA data — pricing is competitive across FHA, VA, and Conventional programs.
- Homeowners insurance premiums in Florida have risen sharply since 2022 per the Florida Office of Insurance Regulation. Higher premiums increase your escrowed monthly payment even when the note rate does not change — and higher DTI can bump you into a worse LLPA tier.
- Florida is a lien-theory / judicial-foreclosure state. Title closings are handled by title agents or real-estate attorneys, which affects Section C fees on your Loan Estimate.
Florida closing costs, taxes & fees that raise your APR
The APR on your Loan Estimate rolls in most upfront finance charges — origination, discount points, mortgage insurance where required, and state-specific fees. In Florida, these line items materially separate APR from note rate:
- Documentary stamp tax on the note — 35¢ per $100 of the loan amount (F.S. § 201.08). On a $400,000 loan that is $1,400 rolled into your closing costs, which raises your APR.
- Intangible tax on the mortgage — 2 mills (0.002) of the mortgage amount (F.S. § 199.133). On a $400,000 loan that is $800 additional at close.
- Title insurance premiums are promulgated by the Florida Office of Insurance Regulation — the rate is fixed by statute, but simultaneous-issue and reissue credits can reduce cost on a refinance.
- Wind mitigation inspection and 4-point inspection are often required by the insurance carrier, particularly on homes 20+ years old — line items on your Loan Estimate Section C.
Florida-specific underwriting rules that affect pricing
- Homestead property tax cap — Florida's Save Our Homes 3% assessed-value cap resets on transfer. Your escrowed tax number for underwriting is the new-owner millage, not the seller's taxes.
- Portability of homestead — for repeat Florida buyers, up to $500,000 of assessed-value savings can port to the new property, lowering escrows and DTI. Bring your DR-501T with your application.
- Windstorm & hurricane deductibles — Florida policies commonly carry a separate 2%–10% named-storm deductible. Underwriters verify the policy binder before clear-to-close.
- Condo & HOA reserve review — post-Surfside, Florida lenders and Fannie Mae / Freddie Mac review structural integrity reserve studies and special assessments on condos 3 stories and up.
Want these numbers built around your file?
A short request is all it takes to get a written scenario summary back from a Simply Approved Mortgages Loan Officer. Binding figures appear on your Loan Estimate.
Florida county loan limits — 2026
Your loan amount versus the county conforming and FHA limit determines which program prices best. Above the conforming limit, you enter jumbo pricing (typically 700+ FICO, 6–12 months reserves). Below the FHA county cap, FHA often out-prices conventional at lower FICOs even after MIP.
| Florida Metro | County | 2026 Conforming (1-unit) | 2026 FHA (1-unit) |
|---|---|---|---|
| Miami | Miami-Dade | $832,750 | $664,700 |
| Orlando | Orange | $832,750 | $541,287 |
| Tampa | Hillsborough | $832,750 | $541,287 |
| Jacksonville | Duval | $832,750 | $541,287 |
| Fort Lauderdale | Broward | $832,750 | $664,700 |
Sources: FHFA 2026 Conforming Loan Limits; HUD FHA 2026 Mortgage Limits (fha.gov).
Rate vs. APR in Florida — and why they aren't the same number
The interest rate is the cost of borrowing principal. The APR annualizes rate plus most upfront finance charges. Because Florida adds documentary stamp + intangible taxes and higher hurricane-insurance-linked prepaid escrows on top of federal fees, your Florida APR often looks meaningfully higher than the note rate. Compare Loan Estimates side-by-side, on the same day, same lock period.
How to shop Florida mortgage rates today the right way
- Same day, same time. Rates move intraday — quotes from different days aren't comparable.
- Same lock period. A 15-day Florida quote will always look better than a 45-day quote from another lender.
- Compare Loan Estimates. Verbal quotes aren't standardized; the LE is the regulated document.
- Section A + total closing costs. A low rate loaded with points can cost more overall in Florida once state fees are added.
- Check APR. It's the single-number comparison that already includes Florida taxes and fees.
What Simply Approved Mortgages does differently in Florida
On eligible residential transactions we generally use a 1.5% lender-paid compensation structure — the lender pays our broker compensation under its lender-paid compensation plan, so you don't pay us a separate broker fee. It’s disclosed on your Loan Estimate. We shop your file across wholesale investors so your Florida rate reflects real market pricing for your scenario, not retail branch overhead. You get a full breakdown of rate, APR, points, credits, and Florida-specific closing costs before you commit — always.
Any rate figure shown on this page is illustrative and is not a quote, lock, offer, or commitment to lend. Your binding rate, APR, and payment appear on your Loan Estimate. Simply Approved Mortgages LLC · NMLS# 2620881 · Equal Housing Opportunity.
Today's mortgage rates by Florida city
Same live Freddie Mac PMMS benchmark, localized to each Florida market's county loan limits, taxes, and insurance realities.
Rate shopping in Florida is a same-day, apples-to-apples exercise. If a competitor quotes a rate 0.25% lower on a different day, that is noise — not a real difference. Ask every lender for a Florida Loan Estimate on the same lock period, then compare rate, APR, and total closing costs together. Reviewed by Simply Approved Mortgages · NMLS# 2620881 · Equal Housing Opportunity.
Florida rate drivers
What drives Florida rates — 2026 guideline snapshot
The four numbers most borrowers ask about first. Full underwriting matrix and citations are further down the page.
Credit Score (FICO)
620+
Conventional / FHA / VA floor varies by program; better pricing tiers begin at 680, 700, 720, 740, 760, 780.
Max DTI
up to 45–50%
Florida insurance escrows push DTI faster than most states — better FICO / lower LTV can offset.
Max LTV
96.5–100%
FHA 96.5%, VA/USDA up to 100%, Conventional 97% first-time buyers, 95% otherwise.
Lock windows
15 / 30 / 45 / 60 days
Choose the shortest window that comfortably covers your Florida closing date.
Guardrails reflect Fannie Mae, Freddie Mac, FHA (HUD Handbook 4000.1), VA Lender's Handbook, and USDA Chapter 10/11 as of 2026. Overlays can be stricter. Your Loan Estimate is the binding disclosure.
Locking a Florida rate today vs. floating
Pros — Locking a Florida rate today vs. floating
- +Locking removes the risk of a market spike between application and Florida closing.
- +Written lock protects the rate on your Loan Estimate — required by CFPB TRID.
- +Some programs offer a one-time float-down if rates drop after lock.
- +A locked rate lets you finalize Florida seller concessions and closing-cost math.
Cons / watch-outs — Locking a Florida rate today vs. floating
- −If rates fall meaningfully after lock, you may not capture the drop without a float-down.
- −Longer locks (45–60 days) cost more in rate or points than short locks.
- −Florida closings can extend when wind mitigation inspections or condo reserve reviews take extra time — plan the lock window carefully.
- −Floating requires timing the market, which no one — including us — does reliably.
Compare loan officer compensation on your mortgage quote
Loan officer compensation is part of the cost of a mortgage. On eligible residential loans, Simply Approved Mortgages generally uses 1.5% lender-paid compensation. Enter the compensation shown on another lender's Loan Estimate to see the difference in dollars.
Compensation difference on this illustration: $3,750.
How lower compensation can help you
When less compensation is built into pricing, there can be room for a lower interest rate, which may lower your monthly payment.
Depending on the rate you choose, pricing can sometimes include a lender credit toward third-party closing costs, so you may bring less cash to closing.
A lower rate means a lower monthly payment, which can lower your debt-to-income ratio and may help you qualify for more home on the same income.
As a mortgage broker we compare pricing from wholesale lenders instead of offering a single bank’s retail pricing.
Tip: On page 2 of your Loan Estimate, look at Section A, "Origination Charges." If the lender pays the loan officer, that compensation usually does not appear there as its own line; it is built into the interest rate. That is why comparing the rate and any lender credits side by side matters.
Already have a Loan Estimate from another bank or broker? Share it with a Simply Approved Mortgages Loan Officer, who will compare the rate, fees and credits side by side with options we can arrange. No cost to request a review.
Illustration only — not a quote, lock, offer, or commitment to lend; binding figures appear on your Loan Estimate. Lender-paid compensation is paid by the lender, not directly by you, and is part of the loan's pricing, so the loan is not free of costs. A lower compensation figure does not by itself guarantee a lower rate or lower closing costs; individual results vary by credit, loan type, property and market conditions. Residential lending in FL and CO only. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.
Worked example
Worked example — how 0.50% changes a Florida payment
$400,000 loan, 30-year fixed, principal & interest only. Florida taxes, insurance, and MI vary by county and program and are added on top.
Inputs
- Loan amount
- $400,000
- Term
- 30 years fixed
- Rate scenario A
- 6.50%
- Rate scenario B
- 7.00%
Calculation
- 1Monthly P&I at 6.50%$2,528
- 2Monthly P&I at 7.00%$2,661
- 3Monthly difference$133
- 4Total interest over 30 yrs at 6.50%$510,178
- 5Total interest over 30 yrs at 7.00%$558,036
On a typical Florida scenario, a 0.50% rate change moves P&I about $133 a month and roughly $47,858 in lifetime interest — before Florida-specific taxes and hurricane insurance are added to the escrow line. That is why hitting the next LLPA breakpoint (FICO or LTV) in Florida can matter more than chasing an eighth of a point on the note rate. Numbers illustrative; binding figures live on your Loan Estimate.
Illustrative only — not a quote, lock, offer, or commitment to lend. Binding figures appear on your Loan Estimate.
Estimate your Florida payment
Florida mortgage payment calculator
Model principal & interest, Florida taxes, insurance, and MI at any rate. Illustrative only — your binding figures appear on your Loan Estimate.
Mortgage payment calculator
Monthly payment breakdown
Loan amortization summary (30-year term)
Assumes a fixed-rate 30-year loan held to maturity with no prepayments. Actual amortization varies with extra principal payments, escrow adjustments, PMI/MIP, and any rate resets on an ARM.
Use my estimate — see today's rates
We'll pre-fill your calculator numbers into the quote form below. A Simply Approved Mortgages Loan Officer will personally connect with you to walk through your scenario.
Pre-approval is a soft check with no SSN and no hard credit pull. Not a loan approval or commitment to lend — binding figures appear on your federally required Loan Estimate.
Turn these numbers into a real pre-approval
Continue on our secure application page. Your Simply Approved Mortgages Loan Officer will review your numbers and follow up within one business day.
No obligation. Soft-pull options may be available.*
Talk through your scenario today
A Simply Approved Mortgages Loan Officer can confirm which of these paths actually fits your credit, income, and property. Educational only, no obligation.
Today's rates
Live ratesLive pricing. Rates are retrieved from our pricing provider when you run a scenario.Real rates — your scenario, not a guess
Today's rate options below refresh twice each business day from our wholesale pricing engine; run your own scenario in the pricing tool. National survey averages below give you market context — they're not Simply Approved's pricing.
Our live pricing engine
See your real rate — for your scenario, in our pricing tool
Pull live, scenario-specific pricing from our wholesale pricing engine. Your binding rate and APR are confirmed on your Loan Estimate after a quick file review.
See My Live Rate →Pricing snapshot
Live ratesLive pricing. Rates are retrieved from our pricing provider when you run a scenario.Today's Mortgage Rate Options at a Glance
Four real options from today's wholesale pricing for one documented sample scenario per program — no form needed. Updated twice each business day, about 10 AM and 2 PM Eastern. Your own rate depends on your credit, down payment, property, state and lock date.
National market context
Freddie Mac PMMS — weekly U.S. averages
Loading latest PMMS averages…
PMMS figures shown above are Freddie Mac's national survey averages, published weekly by Freddie Mac (PMMS_history.csv) — they are not Simply Approved Mortgages' rates, not a quote, not a lock, and not an offer or commitment to lend. Your actual rate, APR, and payment depend on credit profile, loan program, occupancy, LTV, DTI, property type, lock period, and current market pricing at the time of lock. Your binding figures appear on your Loan Estimate. Simply Approved Mortgages LLC · NMLS# 2620881 · Equal Housing Opportunity.
Purchase market update
What buyers should know this month
30-Yr Fixed · national avg
—
Loading PMMS…
15-Yr Fixed · national avg
—
Loading PMMS…
2026 buying power
Conforming baseline: $832,750
FHA floor / ceiling: $541,287 – $1,249,125
Florida weekly benchmark
Freddie Mac PMMS national averages refresh Thursdays — the same feed powers the live rates below.
Florida APR ≠ rate
Doc stamps, intangible tax, wind mitigation, and hurricane insurance widen the gap.
County limits matter
Loan amount vs. FHA and conforming caps decides which program prices best for your scenario.
Florida taxes and expenses
What owning in Florida actually costs beyond the loan
Underwriting qualifies you on the full housing payment, not just principal and interest. These are the Florida lines that change that number — each one a published statewide average, not a quote.
Property tax
About 0.79% of value per year statewide (effective rate, Tax Foundation / Census ACS). Escrowed monthly, so it moves your qualifying payment.
Source: U.S. Census Bureau — American Community Survey, owner-cost tables
Homeowners insurance
Average annual premium near $3,600 (NAIC). Wind/hurricane deductible and, in coastal zones, flood insurance are separate from the base policy.
Source: National Association of Insurance Commissioners — Homeowners Insurance Report
Transfer and recording
Florida imposes documentary stamp taxes on both the deed and the mortgage: $0.70 per $100 of the sales price (0.70%) on the deed statewide, plus $0.35 per $100 of the loan amount (0.35%) on the mortgage, plus a 0.002 intangible tax on the note. Fla. Stat. § 201.02 & § 199.133. Miami-Dade uses a slightly different single-family/other schedule. Documentary stamps on the deed and on the note, plus intangible tax on the mortgage.
Source: National Association of Realtors — Real Estate Transfer Tax
Who closes the file
Florida closings are handled by title companies or attorneys; both are common statewide. Total closing costs in Florida average about 1.82% of the sales price.
Source: CFPB / HUD — Your Home Loan Toolkit (settlement cost ranges)
Assistance programs in Florida are administered by Florida Housing Finance Corporation, which sets its own eligibility, income and price limits.
Local cost tools
Run the numbers for Florida
These estimators start from Florida's own published averages — an effective property tax rate near 0.79% of value, homeowners insurance around $3,600 a year, and local transfer and recording practice: Documentary stamps on the deed and on the note, plus intangible tax on the mortgage. Wind/hurricane deductible and, in coastal zones, flood insurance are separate from the base policy. Change any input. Every figure is an illustrative estimate — not a quote, lock, offer, approval, or commitment to lend.
Your inputs
Estimated result
- Down payment
- $20,000
- Loan amount
- $380,000
- Principal & interest
- $2,402
- Property tax (Florida)
- $263/mo
- Homeowners insurance
- $300/mo
- Estimated total monthly
- $2,965/mo
Sources for the Florida seed figures: Tax Foundation — property taxes paid as a percentage of owner-occupied housing value, NAIC — Homeowners Insurance Report, CFPB — Understanding your Loan Estimate.
Assumptions, methodology, and limitations
Principal and interest use the standard amortization formula on the loan amount you enter. Taxes are seeded from the Florida effective property tax rate and insurance from the statewide average annual premium; both are editable. Closing costs apply Florida's transfer / documentary-stamp practice (0.70% of price used as the buyer-side seed) plus typical title, recording, appraisal, credit and prepaid escrow lines. They are compared to the Florida statewide average of 1.82% of sales price. Refinance break-even divides your entered costs by the monthly payment difference. Early payoff runs a month-by-month amortization with your extra principal.
These tools do not include mortgage insurance, funding or guarantee fees, HOA special assessments, flood or windstorm premiums, seller credits, lender credits, discount points, or county and municipal charges specific to your parcel. Statewide averages will not match any individual property. Figures are estimates only.
Illustrative only. Binding figures appear on your Loan Estimate, and terms vary by borrower, property, lender, program, and state.
Turn these estimates into real numbers
Send your scenario to a Simply Approved Mortgages Loan Officer and get a written summary back, or compare where rates sit today. Educational only — not a quote, lock, offer, approval, or commitment to lend.
Local market updates
Florida housing market news — latest published data
Published housing and labour statistics for Florida, drawn from federal and industry data feeds and shown with each publisher's own observation date. The dated figures below load from the source series when this page opens. These are published market statistics for context only — not a quote, lock, offer, or commitment to lend.
Data is republished as issued by the source and may be revised by the publisher. Averages and index values describe a market, not an individual file; your own terms depend on documented income, credit, assets, the property and lender underwriting. Simply Approved Mortgages LLC (NMLS #2620881) arranges residential mortgage loans in Florida and Colorado. Equal Housing Opportunity.
Florida mortgage rates today — frequently asked questions
Answers to the most common Florida mortgage rates today questions, written by licensed loan officers.
Ask SAM anything about todays-rates-florida in Florida
SAM is the Simply Approved Mortgages AI assistant. It answers general questions using the reviewed guides published on this site and links you to the primary government source. It is educational only — it does not quote a rate, payment, APR, approval or commitment to lend. A Simply Approved Mortgages Loan Officer reviews every scenario before any terms are confirmed.
Hi, I'm SAM — an AI assistant for Simply Approved Mortgages. I can explain loan programs, closing costs, DTI, down payments and which calculator or guide to use. I'm not a licensed loan officer, and nothing here is a quote, approval or commitment to lend.
Ask Sam AI provides general educational information only. It is an automated assistant, may be incomplete or out of date, and does not provide legal, tax or financial advice. Nothing it produces is a rate quote, APR, pre-approval, offer or commitment to lend. Never share a Social Security number, ITIN, date of birth, account number or password in chat. Simply Approved Mortgages LLC (NMLS #2620881) arranges residential mortgage loans in Florida and Colorado. Eligibility, terms, conditions and availability vary by borrower, property, lender, loan program and state, and all loans are subject to lender underwriting and approval. Equal Housing Opportunity.
Trusted government resources
These independent government resources can help you research mortgage programs, rates, and your rights before you apply.
Freddie Mac
Freddie Mac — Primary Mortgage Market Survey (PMMS)
FHFA
FHFA — Conforming Loan Limits
HUD
HUD — FHA Mortgage Limits
CFPB
CFPB — Loan Estimate explainer
FRED (St. Louis Fed)
FRED — 30-Year Fixed Rate Mortgage Average
Simply Approved Mortgages is not affiliated with HUD, the CFPB, the FTC, the VA, or any other government agency. Links are provided for your independent verification.
How this page connects
Where this fits in the rates and market data library
This is the Florida page for todays rates.
What most readers open next
- How rate locks workBecause a quoted rate only matters once it is locked.
- Points and how they change pricingBecause the same rate can cost very different amounts.
- Historical rate contextBecause to judge today against a longer series.
Explore the full guide
Keep reading — the rest of the buying playbook
Each of these is a deep-dive on one piece of the purchase mortgage process. Bookmark whichever you need next.
Guide
Today's rates — national
Live Freddie Mac PMMS averages and what drives your quote.
Read the guide →Guide
Weekly rate update
Plain-English recap of the latest PMMS and market moves.
Read the guide →Guide
Federal interest rates
How Fed policy transmits into mortgage rates.
Read the guide →Guide
Mortgage calculator
Model P&I, taxes, insurance, and MI at any rate.
Read the guide →Guide
Affordability calculator
See how a rate change moves your max purchase price.
Read the guide →Guide
Refinance break-even
When today's rate makes a refi worth the closing costs.
Read the guide →Guide
Florida pre-approval
Florida pre-approval in ~24 hours of a complete file.
Read the guide →Guide
Florida refinance guide
Florida-specific refinance rules and break-even math.
Read the guide →Guide
Miami mortgage rates today
Miami, FL — county limits, taxes, and local rate drivers.
Read the guide →Guide
Orlando mortgage rates today
Orlando, FL — county limits, taxes, and local rate drivers.
Read the guide →Guide
Tampa mortgage rates today
Tampa, FL — county limits, taxes, and local rate drivers.
Read the guide →Internal library
Related mortgage guides across our library
Follow the next relevant guide for your scenario.
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Complete this short request and a Simply Approved Mortgages Loan Officer will personally review your scenario. The form only asks what your program actually needs. Submitting it is not an application for credit and is not a commitment to lend.
What are you looking to do?
Pick one — the form adapts.Pick a loan type
Programs for buying a home.Conventional loan — 3–20% down · 620+ FICO
Tell us about your scenario
The form below is tailored to Conventional loan — only the questions and documents your program needs.
Simply Approved Mortgages LLC is licensed to arrange residential mortgage loans in Florida and Colorado only. We ask first so we never collect a mortgage inquiry we are not licensed to act on.
Purchase price and down payment help us size the conforming loan.
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Simplify Your Mortgage Journey with These Resources
Talk To A Loan Officer
A Simply Approved Mortgages Loan Officer will personally connect with you to walk through your options.
Mortgage insights & guides
Plain-language articles to help you understand the home loan process, save on closing costs, and make confident decisions.
7 things every first-time homebuyer should know before applying
From credit prep to down payment assistance, here’s how to walk into your first mortgage application with confidence.
Using your VA loan benefit: a step-by-step guide
Eligibility, the Certificate of Eligibility, funding fees, and how to maximize zero-down purchasing power.
Where your closing costs actually go (and where you can save)
A line-by-line breakdown of the Loan Estimate and the fees that are negotiable versus fixed.
Equal Housing OpportunityMortgage Broker — Not a LenderNMLS ID# 2620881NMLS Consumer AccessFlorida Mortgage Broker License #MBR7685Colorado Mortgage Company RegistrationLicensing & Disclosures
Simply Approved Mortgages LLC | NMLS #2620881
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Equal Housing Opportunity
Broker identification. Simply Approved Mortgages LLC is a mortgage broker and is not a direct lender. We arrange residential mortgage loans with third-party wholesale lenders and do not make the lender's final credit decision or fund the loan. We arrange residential mortgage loans in Florida and Colorado. Business-purpose mortgage products may be arranged in additional states only where permitted by applicable law and pursuant to applicable licensing requirements or exemptions.
Credit and program terms. All loans are subject to lender credit approval, underwriting, acceptable appraisal or valuation when required, title review, insurance, and supporting documentation. Eligibility, programs, rates, APRs, points, lender credits, fees, payments, terms, loan amounts, down-payment requirements, mortgage insurance, and availability may vary based on borrower, property, occupancy, credit profile, loan-to-value ratio, debt-to-income ratio, lender, loan program, and state and may change without notice. Not all applicants, properties, products, or programs will qualify or be available in every state. Nothing on this site constitutes a loan approval, rate lock, offer, commitment to lend, guarantee of approval, or guarantee of terms or closing.
Rates, payments and calculators. Rates, APRs, payments, down payments, loan amounts, home values, estimated equity, savings, affordability estimates, closing costs, and other calculator or scenario results displayed on this site are estimates or illustrations unless expressly stated otherwise. Actual loan terms may differ. Taxes, homeowners insurance, mortgage insurance, association dues, lender charges, broker compensation, discount points, third-party charges, and other costs may apply. Advertised rates, payments, APRs, down payments, and other credit terms are subject to the assumptions and disclosures presented with the applicable advertisement. Applicable loan terms and disclosures will be provided as required for the particular transaction.
Mortgage products. FHA, VA, USDA, conventional, jumbo, non-QM, HELOC, reverse mortgage, down-payment-assistance, investment-property, DSCR, and other mortgage products referenced on this site are subject to their individual eligibility, underwriting, property, occupancy, and program requirements. Product availability varies by lender and jurisdiction. References to a mortgage product or program do not constitute a determination that a borrower or property qualifies.
Government-backed programs. Government-backed or government-insured mortgage programs referenced on this site may be subject to requirements established by the applicable government agency in addition to lender requirements. Government insurance or guaranties generally protect participating lenders against certain losses and do not constitute a guarantee of borrower approval.
Business-purpose products. DSCR, investment-property, and other business-purpose mortgage products referenced on this site are intended for qualifying business-purpose transactions. Business-purpose loans may be subject to different requirements and protections than consumer-purpose residential mortgage loans. Borrowers are responsible for accurately disclosing property occupancy and intended use.
Down payment assistance. Down payment or closing-cost assistance programs referenced on this site may be administered by governmental entities, housing finance agencies, nonprofit organizations, lenders, or other third parties. Program availability, funding, assistance amounts, eligibility requirements, repayment or forgiveness provisions, and other terms vary and may change or become unavailable without notice. Listing or referencing a program does not guarantee funding, eligibility, or mortgage approval.
Government affiliation. Simply Approved Mortgages LLC is not a government agency and is not affiliated with, acting on behalf of, sponsored by, or endorsed by HUD, FHA, VA, USDA, or any other federal, state, or local government agency. References to government agencies, programs, benefits, data, forms, or resources are provided for informational purposes and do not imply government sponsorship or endorsement of Simply Approved Mortgages LLC.
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No professional advice. Content on this site is educational and general in nature and is not legal, tax, accounting, financial, investment, estate-planning, or individualized government-benefits advice. Consumers should consult appropriate qualified professionals regarding their individual circumstances.
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