The Best Mortgage Lenders in Fruitland Park, FL
Compare verified mortgage lenders serving Fruitland Park, Florida. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fruitland Park
Featured Mortgage Lenders
Mike Jones
Supreme Lending
Supreme Lending is a highly-rated mortgage company with a strong presence in Central Florida, including serving the Fruitland Park area. With over 20 years in business, they have built an exceptional reputation for personalized service and competitive rates. Mike Jones, their local loan officer, maintains a 4.9-star rating across multiple review platforms and specializes in helping first-time homebuyers, veterans, and investment property purchasers. Their extensive loan product portfolio and efficient processing make them a top choice for Lake County residents.
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Chris Shepard
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation has been serving Central Florida communities including Fruitland Park for over 25 years. Local loan officer Chris Shepard maintains exceptional customer satisfaction ratings and specializes in navigating complex loan scenarios. The company is renowned for their competitive rates, extensive educational resources for homebuyers, and streamlined digital mortgage process. Their strong community involvement and commitment to customer service make them a trusted choice for Lake County home financing needs.
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David Damato
Traditions Bank Mortgage
Traditions Bank has been serving the Lake County community for over 20 years with a strong focus on personalized mortgage lending. Their local decision-making process and community banking approach make them particularly attractive to Fruitland Park residents. David Damato and his team offer competitive rates and specialize in construction loans, which is valuable in the growing Central Florida market. Their commitment to local service and relationship-based lending has earned them consistently high customer satisfaction ratings and strong community trust.
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Frequently Asked Questions
Common questions about mortgage lending in Fruitland Park, FL
What are the current mortgage rates like in Fruitland Park, FL?
Mortgage rates in Fruitland Park are competitive with national averages but can vary based on lender and property type. As of recent trends, rates for 30-year fixed mortgages typically range from 6.5% to 7.5%, though local credit unions like Citizens First Bank may offer slightly lower rates. It's wise to compare multiple local lenders since Fruitland Park's proximity to The Villages creates unique lending competition.
Are there any first-time homebuyer programs specific to Fruitland Park?
While Fruitland Park doesn't have city-specific programs, homebuyers can access Florida Housing Finance Corporation's First Time Home Buyer program, which offers competitive interest rates and down payment assistance. Additionally, Lake County offers some down payment assistance programs that Fruitland Park residents qualify for. Many local lenders are well-versed in these programs and can guide you through the application process.
How does Fruitland Park's location near The Villages affect mortgage lending?
Fruitland Park's proximity to The Villages creates both opportunities and considerations for mortgage lending. Lenders may view properties here as stable investments due to the area's steady growth, but they also carefully assess flood zones since much of Fruitland Park is near Lake Griffin and other water bodies. Some lenders offer specialized products for this specific market segment, particularly for retirees or those purchasing second homes.
What should I know about property taxes and insurance when getting a mortgage in Fruitland Park?
Fruitland Park property taxes are relatively moderate for Lake County, typically around 0.8% to 1.2% of assessed value. However, homeowners insurance can be higher than national averages due to Florida's hurricane risk and Fruitland Park's inland water proximity. Your mortgage lender will factor both into your debt-to-income ratio, so it's crucial to get accurate insurance quotes early in the process.
Are there any special mortgage considerations for buying older homes in Fruitland Park's historic areas?
Yes, purchasing in Fruitland Park's older neighborhoods near the downtown area may require special attention. Lenders often require additional inspections for homes built before 1978 due to lead-based paint concerns, and some may have stricter requirements for older electrical or plumbing systems. FHA 203(k) rehabilitation loans can be particularly useful for these properties, allowing you to finance both purchase and repairs.
Nearby Cities
Explore mortgage lenders in cities near Fruitland Park, FL
Why Choose a Mortgage Lender in Fruitland Park?
Local Market Knowledge
Lenders who understand Fruitland Park'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 Fruitland Park and get competitive rates on your home loan.