The Best Mortgage Lenders in Deland, FL
Compare verified mortgage lenders serving Deland, Florida. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Deland
Featured Mortgage Lenders
Movement Mortgage
Movement Mortgage
Movement Mortgage is a highly-rated national lender with a strong local presence in Central Florida, serving Deland with exceptional customer service and competitive rates. Founded in 2008, they specialize in a wide array of loan products and are praised for their efficient processing and personalized support, making them a top choice for homebuyers in the area.
Loan Types:
Guaranteed Rate
Guaranteed Rate
Guaranteed Rate is a reputable national mortgage lender known for its innovative digital tools and competitive rates, with a dedicated team serving the Deland region. Established in 2000, they offer a comprehensive range of loan options and have consistently high customer satisfaction ratings due to their transparency and reliable service.
Loan Types:
New American Funding
New American Funding
New American Funding is a well-regarded mortgage lender with a strong focus on diversity and community outreach, offering tailored loan solutions for Deland residents. Founded in 2003, they provide competitive rates and excellent customer support, with a reputation for helping borrowers navigate the home buying process smoothly and efficiently.
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Frequently Asked Questions
Common questions about mortgage lending in Deland, FL
What are the current mortgage rates like for homebuyers in Deland, FL?
Mortgage rates in Deland typically align with national averages but can vary based on local lender competition and property types common in Volusia County. As of recent trends, you can expect rates to be competitive for conventional loans, with local credit unions often offering particularly favorable terms. It's wise to compare rates from both national lenders and local Florida-based institutions.
Are there any first-time homebuyer programs specific to Deland that can help with down payments?
Yes, Deland homebuyers can access Florida Housing's First Time Home Buyer program, which offers competitive interest rates and down payment assistance through participating lenders. Additionally, the City of Deland occasionally partners with community organizations to provide local homebuyer education and assistance programs. These programs are particularly valuable given Deland's growing starter home market.
How does Deland's historic district affect mortgage lending and insurance requirements?
Purchasing in Deland's designated historic districts may require special considerations for your mortgage. Lenders might require additional inspections or specific insurance riders for historic properties, and renovation loans often have stricter requirements to maintain historic integrity. It's crucial to work with a lender experienced in historic property financing in Volusia County.
What special mortgage considerations should I know about for properties near the St. Johns River or other flood zones in Deland?
Many areas of Deland, particularly those near the St. Johns River and other waterways, require flood insurance as a mandatory part of your mortgage. Lenders will typically require an elevation certificate and flood zone determination, which can add $500-$2,000 annually to your housing costs. Always verify flood zone status before making an offer on any Deland property.
Are there any local mortgage programs that benefit educators, healthcare workers, or other specific professions in Deland?
Several Florida-based lenders offer "Heroes" programs for teachers, healthcare workers, first responders, and military personnel that provide reduced fees or down payment assistance. Given Deland's proximity to multiple schools, Stetson University, and Florida Hospital Deland, these profession-specific programs are particularly relevant and can offer significant savings for eligible buyers.
Why Choose a Mortgage Lender in Deland?
Local Market Knowledge
Lenders who understand Deland's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Florida.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Deland and get competitive rates on your home loan.