The Best Mortgage Lenders in Leesburg, FL
Compare verified mortgage lenders serving Leesburg, Florida. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Leesburg
Featured Mortgage Lenders
The Mortgage Firm
The Mortgage Firm
The Mortgage Firm is a highly-rated local mortgage broker with over 26 years of experience serving Central Florida, including Leesburg. They are known for their personalized service, competitive rates, and expertise in various loan types like FHA, VA, and conventional mortgages. With a 4.8-star rating from 150 reviews, they excel in customer satisfaction, offering tailored solutions for first-time homebuyers and refinancing. Their Ocala office provides convenient access for Leesburg residents, and their long-standing reputation in the region ensures reliability and trust.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a nationally recognized lender with a strong local presence in Florida, serving Leesburg with competitive rates and exceptional customer service. Founded in 2008, they have a 4.9-star rating from 300 reviews, highlighting their efficiency in processing loans and dedication to community engagement. They specialize in a wide range of loan options, including VA and FHA loans, and are praised for their transparent process and quick closings. Their Orlando office ensures easy accessibility for Leesburg clients, making them a top choice for homebuyers seeking reliability and innovation.
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New American Funding
New American Funding
New American Funding is a reputable mortgage lender with over 21 years of experience and a 4.7-star rating from 200 reviews, known for serving Leesburg and the broader Central Florida area. They offer diverse loan products, including specialized programs for low-to-moderate income borrowers, and are acclaimed for their competitive rates and responsive customer support. Their Maitland office provides local expertise, and their commitment to education and community outreach enhances their reliability. With a focus on technology and personalized service, they ensure a smooth mortgage process for home purchases and refinances.
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Frequently Asked Questions
Common questions about mortgage lending in Leesburg, FL
Are there any first-time homebuyer programs specific to Leesburg, FL that can help with down payment or closing costs?
Yes, Leesburg homebuyers can access Florida Housing's First Time Home Buyer program, which offers competitive interest rates and down payment assistance. Additionally, Lake County may offer local assistance programs, so it's worth checking with Leesburg's community development office for any city-specific initiatives that provide financial help for qualified buyers.
How do Leesburg's property insurance requirements affect my mortgage qualification?
Due to Florida's high insurance costs, Leesburg homeowners typically pay higher property insurance premiums, which lenders factor into your debt-to-income ratio. You'll need to account for both homeowners insurance and potentially flood insurance, especially if purchasing in flood zone areas near Lake Harris or the Harris Chain of Lakes, which could impact how much home you can qualify for.
What types of mortgage loans are most common for Leesburg's housing market?
Conventional loans and FHA loans are both popular in Leesburg, with many buyers opting for 30-year fixed-rate mortgages. Given the area's mix of single-family homes, manufactured homes, and retirement properties, VA loans are also frequently used due to Leesburg's proximity to military facilities and its popularity among veterans.
How does Leesburg's status as part of the Orlando-Kissimmee-Sanford MSA affect mortgage rates and availability?
Being part of this major metropolitan statistical area generally means competitive mortgage rates and multiple lender options for Leesburg buyers. However, you may find slightly higher rates than national averages due to Florida's insurance costs and the competitive Central Florida housing market, making it important to shop local lenders familiar with Lake County.
Are there special mortgage considerations for buying a home in Leesburg's historic districts or older neighborhoods?
Yes, purchasing in Leesburg's historic districts like the Mote-Morris House area may require specialized inspections and potentially different appraisal approaches. Some lenders may have specific requirements for older homes, and you might want to explore renovation loans like the FHA 203(k) if the property needs updates while preserving its historic character.
Nearby Cities
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Why Choose a Mortgage Lender in Leesburg?
Local Market Knowledge
Lenders who understand Leesburg'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 Leesburg and get competitive rates on your home loan.