The Best Mortgage Lenders in Moore Haven, FL
Compare verified mortgage lenders serving Moore Haven, Florida. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Moore Haven
Featured Mortgage Lenders
David H. Griffin
Griffin Lending Group
Griffin Lending Group is one of the highest-rated mortgage lenders serving the Lake Okeechobee region, including Moore Haven. With over 15 years of experience, David Griffin and his team specialize in rural and agricultural property financing, making them particularly well-suited for the Moore Haven area. They offer personalized service with competitive rates and have built a strong reputation for handling complex rural property transactions. Their expertise in USDA loans is especially valuable for the agricultural communities around Moore Haven.
Loan Types:
Michael A. Brown
Florida Community Bank Mortgage
Florida Community Bank has been serving the Lake Okeechobee region for over 20 years and maintains a strong presence in rural communities like Moore Haven. They offer local underwriting and decision-making, which provides faster closings for customers in the area. Their mortgage team has extensive experience with agricultural properties and rural home financing. The bank is known for its community-focused approach and competitive rates, particularly for first-time homebuyers and agricultural property purchases.
Loan Types:
Jennifer L. Martinez
Suncoast Credit Union Mortgage
As Florida's largest credit union, Suncoast Credit Union has a significant presence throughout Southwest Florida and serves members in Moore Haven and surrounding areas. They offer exceptionally competitive rates for members and have specialized programs for rural property financing. Their mortgage team includes experts in USDA rural development loans, which are particularly relevant for the Moore Haven market. With nearly 30 years of operation, they provide stable, member-focused lending with local decision-making capabilities and excellent customer service ratings.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Moore Haven, FL
What are the current mortgage rates like in Moore Haven, FL compared to the national average?
Mortgage rates in Moore Haven typically align with national averages, but local factors like the rural nature of Glades County and lower population density can sometimes result in slightly higher rates due to perceived market risk. It's best to compare rates from both local Florida lenders and national institutions, as competition can vary. Currently, rates in Moore Haven generally range between 6.5% and 7.5% for a 30-year fixed mortgage, depending on credit profile.
Are there any special mortgage programs for first-time homebuyers in Moore Haven?
Yes, Florida Housing Finance Corporation offers first-time homebuyer programs like the Florida First and Florida HFA Preferred loans, which provide competitive interest rates and down payment assistance. These programs are available in Moore Haven and can be particularly helpful given the area's moderate income levels. Additionally, some local lenders may offer specific grants or programs for Glades County residents.
How does Moore Haven's location in a flood zone affect mortgage requirements?
Since much of Moore Haven is located near Lake Okeechobee in a designated flood zone, most lenders will require flood insurance as a condition for your mortgage. This is an important additional cost to factor into your budget, typically adding $500-$2,000 annually to your housing expenses. Your lender will help determine the specific flood zone designation and insurance requirements for your property.
What types of properties are most common for mortgage financing in Moore Haven?
Moore Haven features primarily single-family homes, manufactured homes, and agricultural properties, which can present different financing challenges. Traditional mortgages work well for site-built homes, while manufactured homes may require specialized loans with different terms. Rural properties with acreage are common but may require agricultural property expertise from your lender.
Are there any local down payment assistance programs specific to Moore Haven residents?
While there aren't programs exclusive to Moore Haven, Glades County residents can access statewide programs like Florida's Homeownership Loan Program (HLP) which offers up to $10,000 in down payment assistance as a second mortgage. The USDA Rural Development loan program is also particularly relevant for Moore Haven, offering 100% financing with no down payment requirement for eligible borrowers in this designated rural area.
Nearby Cities
Explore mortgage lenders in cities near Moore Haven, FL
Why Choose a Mortgage Lender in Moore Haven?
Local Market Knowledge
Lenders who understand Moore Haven'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 Moore Haven and get competitive rates on your home loan.