The Best Mortgage Lenders in Tangerine, FL
Compare verified mortgage lenders serving Tangerine, Florida. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Tangerine
Featured Mortgage Lenders
Jason Rocco
Fairway Independent Mortgage Corporation
Jason Rocco leads one of Central Florida's top-rated mortgage teams, serving the Tangerine area with exceptional customer service and competitive rates. With over 15 years of experience, his team specializes in all loan types including first-time homebuyer programs and offers personalized guidance throughout the entire mortgage process. Their high rating reflects consistent customer satisfaction and efficient loan processing.
Loan Types:
FBC Mortgage, LLC
FBC Mortgage, LLC
FBC Mortgage is a highly-rated Florida-based lender with strong presence throughout Central Florida, including service to Tangerine residents. Founded in 2004, they offer comprehensive mortgage solutions with a focus on competitive rates and streamlined processing. Their experienced loan officers provide personalized service for various loan types, and they're particularly known for their expertise in construction loans and refinancing options.
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Fairwinds Credit Union
Fairwinds Credit Union
As Central Florida's largest credit union, Fairwinds has been serving the community for over 75 years and provides excellent mortgage services to Tangerine area residents. They offer competitive rates for members and non-members alike, with a strong focus on first-time homebuyer programs and personalized service. Their long-standing reputation and local presence make them a trusted choice for mortgage lending in the region.
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Frequently Asked Questions
Common questions about mortgage lending in Tangerine, FL
What are the current mortgage rates like for homes in Tangerine, FL?
Mortgage rates in Tangerine typically align with national averages but can vary based on property type and location within Orange County. Currently, rates for conventional 30-year fixed mortgages range from 6.5% to 7.25%, though rural properties may qualify for USDA loans with potentially lower rates. It's best to consult with local lenders who understand Tangerine's specific market dynamics.
Are there any first-time homebuyer programs specifically for Tangerine residents?
Yes, Tangerine homebuyers can access Florida Housing's First Time Home Buyer program, which offers competitive interest rates and down payment assistance. Additionally, Orange County's Home Ownership Assistance Program provides up to $50,000 in down payment help for eligible buyers. These programs are particularly valuable given Tangerine's growing popularity and rising home values.
How does Tangerine's rural location affect mortgage options?
Tangerine's designation as a rural area makes many properties eligible for USDA loans, which require no down payment and offer competitive rates. However, some lenders may have stricter requirements for rural properties, particularly those with well and septic systems. It's important to work with lenders experienced in Tangerine's unique rural-urban interface market.
What special considerations should I know about when getting a mortgage for Tangerine's older or historic properties?
Many Tangerine properties feature older construction or historic elements, which may require specialized financing. FHA 203(k) loans can be particularly useful for renovating these properties, but lenders may require additional inspections for older homes. Some properties in historic areas might have preservation easements that affect loan terms.
How do Tangerine's property taxes impact mortgage affordability?
Orange County property taxes in Tangerine average about 0.97% of home value, which lenders factor into debt-to-income calculations. Florida's Homestead Exemption can significantly reduce this burden for primary residences, potentially lowering your monthly mortgage payment by $100-$300. Be sure to account for these tax savings when budgeting for your Tangerine home purchase.
Why Choose a Mortgage Lender in Tangerine?
Local Market Knowledge
Lenders who understand Tangerine'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 Tangerine and get competitive rates on your home loan.