The Best Mortgage Lenders in Venice, FL
Compare verified mortgage lenders serving Venice, Florida. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Venice
Featured Mortgage Lenders
Centennial Bank Mortgage
Centennial Bank
Centennial Bank stands out as Venice's premier local mortgage lender with deep community roots and exceptional customer satisfaction ratings. As a community-focused bank with physical branches throughout Venice and Southwest Florida, they offer personalized service and local underwriting decisions. Their mortgage team specializes in Florida's unique real estate market, providing competitive rates for primary residences, vacation homes, and investment properties. Customers consistently praise their responsive communication, streamlined application process, and expertise with retirement and second-home financing common in the Venice area.
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Suncoast Capital Mortgage
Suncoast Capital Mortgage Corp.
Suncoast Capital Mortgage has earned exceptional ratings as one of Southwest Florida's top mortgage brokers, serving Venice clients with outstanding service and competitive rates. With nearly two decades of experience specializing in Florida's coastal markets, they offer extensive loan programs and exceptional expertise in waterfront and retirement property financing. Their team provides personalized attention throughout the entire mortgage process, with many customers highlighting their responsiveness, transparency, and ability to close loans efficiently. They maintain strong relationships with multiple lenders to secure optimal terms for Venice homebuyers.
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Achieva Credit Union Mortgage
Achieva Credit Union
Achieva Credit Union provides Venice residents with exceptional mortgage services as a member-owned financial institution with strong local presence. They consistently earn high marks for competitive rates, low fees, and outstanding member service. Their Venice branch offers convenient local access with mortgage specialists who understand the specific needs of Florida's Gulf Coast homebuyers. Customers particularly appreciate their educational approach, transparent process, and flexibility in working with various financial situations. As a credit union, they return profits to members through better rates and lower closing costs, making them a top choice for value-conscious Venice homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Venice, FL
What are the current mortgage rates like for homes in Venice, FL?
Mortgage rates in Venice typically align with national averages but can be influenced by local market conditions. As of recent trends, rates for 30-year fixed mortgages in this area range from 6.5% to 7.25%, though they fluctuate based on the property type and your financial profile. It's wise to compare offers from local lenders who understand Venice's specific market dynamics.
Are there any special mortgage programs for first-time homebuyers in Venice?
Yes, Venice homebuyers can access Florida's First-Time Homebuyer Program, which offers competitive fixed-rate mortgages and down payment assistance. Additionally, Sarasota County (where Venice is located) provides the HOME Down Payment Assistance Program, offering up to $30,000 in assistance for eligible buyers purchasing within the city limits.
How does Venice's flood zone designation affect my mortgage requirements?
Since much of Venice is in a designated flood zone, most lenders will require flood insurance as a condition for your mortgage. This is especially important for properties near the Intracoastal Waterway or canals. Your lender will order a flood certification to determine the exact zone and insurance requirements, which can add $500-$2,000 annually to your housing costs.
What should I know about condominium financing in Venice, given the many condo communities?
Venice's numerous condominium communities have specific financing considerations. Many are age-restricted (55+), which doesn't affect financing but may impact resale value. Lenders will carefully review the condo association's financial health, insurance coverage, and rental restrictions - particularly important in popular communities like Venice Golf and Country Club or Plantation.
How do property taxes in Venice impact mortgage affordability?
Venice property taxes average about 1.1% of home value, with Sarasota County rates and city taxes combined. Your mortgage lender will factor these into your debt-to-income ratio calculations. Florida's Homestead Exemption can save you approximately $800 annually on taxes if the property is your primary residence, making homeownership more affordable long-term.
Why Choose a Mortgage Lender in Venice?
Local Market Knowledge
Lenders who understand Venice'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 Venice and get competitive rates on your home loan.