The Best Mortgage Lenders in Hurlburt Field, FL
Compare verified mortgage lenders serving Hurlburt Field, Florida. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hurlburt Field
Featured Mortgage Lenders
Andrews Federal Credit Union Mortgage Department
Andrews Federal Credit Union
Andrews Federal Credit Union stands out as one of the premier mortgage lenders for military personnel and families serving Hurlburt Field. With over 75 years of experience specifically serving the military community, they offer exceptional expertise in VA loans and military-specific lending programs. Their local Fort Walton Beach branch provides personalized service with deep understanding of military pay structures, PCS moves, and unique financial situations faced by service members. They consistently receive high marks for their competitive rates, streamlined application process, and dedicated military lending specialists.
Loan Types:
Emerald Coast Mortgage Group
Emerald Coast Mortgage Group
Emerald Coast Mortgage Group has built an outstanding reputation as a local mortgage broker serving the Hurlburt Field and greater Fort Walton Beach area. They specialize in working with military families and first-time homebuyers, offering access to multiple lenders and competitive rate options. Their team includes experts in VA loan programs who understand the specific needs of military borrowers. Customers consistently praise their responsive communication, thorough guidance through the mortgage process, and ability to secure favorable terms. Their local presence ensures personalized service and deep knowledge of the Northwest Florida housing market.
Loan Types:
Movement Mortgage - Fort Walton Beach
Movement Mortgage
Movement Mortgage has established a strong local presence in Fort Walton Beach with dedicated lending specialists serving the Hurlburt Field military community. As a national lender with deep local roots, they offer the resources of a large institution combined with personalized service. They are particularly recognized for their efficient processing and closing timelines, often completing loans in 30 days or less. Their team includes military lending experts who provide specialized guidance on VA loans and military relocation financing. The company receives consistent praise for their transparent communication, competitive rates, and commitment to supporting military families throughout the homebuying journey.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Hurlburt Field, FL
Are there any special mortgage programs or benefits for military personnel stationed at Hurlburt Field?
Yes, military members at Hurlburt Field can access VA loans with no down payment and no private mortgage insurance requirements. Additionally, Florida offers the Hometown Heroes Loan Program for first responders and military members, which provides down payment and closing cost assistance. Local lenders familiar with the base community often offer specialized military lending programs.
How does being in a high-velocity hurricane zone affect mortgage lending in Hurlburt Field?
Due to Hurlburt Field's coastal location in a high-wind zone, lenders typically require separate hurricane insurance coverage in addition to standard homeowners insurance. This can increase your monthly housing costs by $150-$300 depending on coverage levels. Some lenders may have specific requirements for wind mitigation features when approving loans in this area.
What are the typical mortgage rates available to homebuyers in the Hurlburt Field area?
Mortgage rates in the Hurlburt Field area are generally competitive with national averages, but military personnel often qualify for slightly better rates through credit unions like PenFed or Navy Federal. Current rates typically range from 6.25% to 7% for conventional 30-year fixed loans, with VA loans often offering rates 0.25-0.5% lower than conventional options.
Are there any local first-time homebuyer programs specific to Okaloosa County that Hurlburt Field personnel can use?
Yes, the Okaloosa County SHIP (State Housing Initiatives Partnership) Program offers down payment and closing cost assistance to eligible first-time homebuyers. This program can provide up to $15,000 in assistance that becomes a zero-interest, deferred second mortgage. Military members can often combine this with VA loan benefits for maximum advantage.
How does the frequent relocation of military personnel affect mortgage options at Hurlburt Field?
Lenders in the Hurlburt Field area are experienced with military relocation cycles and often offer more flexible underwriting for PCS orders. Many local lenders provide VA Interest Rate Reduction Refinance Loans (IRRRL) specifically designed for relocating military homeowners. Some also offer bridge loan options or rental income consideration if you need to move before selling your property.
Nearby Cities
Explore mortgage lenders in cities near Hurlburt Field, FL
Why Choose a Mortgage Lender in Hurlburt Field?
Local Market Knowledge
Lenders who understand Hurlburt Field'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 Hurlburt Field and get competitive rates on your home loan.