The Best Mortgage Lenders in Florida, NY
Compare verified mortgage lenders serving Florida, New York. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Florida
Featured Mortgage Lenders
Michael DeMichele
CrossCountry Mortgage, LLC
CrossCountry Mortgage has established itself as one of the top mortgage lenders in Western New York with exceptional customer satisfaction ratings. The Buffalo branch, led by experienced loan officers, provides personalized service with competitive rates across all loan types. Their strong local presence combined with national lending capabilities allows them to offer flexible solutions for both purchase and refinance transactions. They are particularly noted for their expertise with first-time homebuyer programs and VA loans, with a reputation for smooth closings and responsive communication throughout the loan process.
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John Smith
Visions Federal Credit Union
Visions Federal Credit Union has been serving the New York community for over 50 years with consistently high ratings for mortgage lending services. As a member-owned financial institution, they offer competitive rates and lower fees than many traditional banks. Their mortgage team provides comprehensive guidance through the entire home buying process, with particular strength in construction loans and first-time homebuyer programs. With multiple branches throughout New York and strong digital capabilities, they combine local expertise with modern convenience, earning numerous industry awards for customer satisfaction and community service.
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Robert J. Palmer
Premium Mortgage Corporation
Premium Mortgage Corporation has been a trusted name in New York mortgage lending for over 35 years, building a reputation for reliability and exceptional customer service. They offer a wide range of loan products with competitive rates and have developed strong relationships with local real estate professionals. Their experienced loan officers provide personalized attention and guidance, particularly excelling in complex financing scenarios including investment properties and jumbo loans. The company maintains high ethical standards and transparency throughout the lending process, resulting in consistently positive customer reviews and repeat business.
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Frequently Asked Questions
Common questions about mortgage lending in Florida, NY
What are the current mortgage rates like in Florida, NY, and how do they compare to the rest of the state?
Mortgage rates in Florida, NY, a village in Orange County, are generally aligned with national and New York State averages, but can be influenced by local lender competition. As a smaller, rural community, rates may be slightly higher than in major metro areas due to lower volume, but shopping with local credit unions and regional banks can yield competitive terms. It's important to get personalized quotes, as your rate will depend heavily on your credit profile and loan type.
Are there any specific first-time homebuyer programs available for purchasing a home in Florida, NY?
Yes, first-time homebuyers in Florida, NY can access several New York State programs. The **SONYMA (State of New York Mortgage Agency)** offers low-interest rate mortgages with down payment assistance, such as the Achieving the Dream program. Additionally, the **Orange County Housing Consortium** may offer grants or assistance programs for eligible buyers purchasing within the county, including the Village of Florida.
How does the property tax structure in the Village of Florida impact my mortgage and overall affordability?
Properties in Florida, NY are subject to a combined tax rate that includes Village, Town of Warwick, Orange County, and school district (likely Warwick Valley Central School District) taxes. These taxes are typically higher than the national average and are escrowed as part of your monthly mortgage payment. A lender will carefully factor these taxes into your debt-to-income ratio, which can significantly affect the loan amount you qualify for compared to lower-tax areas.
What type of property appraisal challenges are common for mortgages in Florida, NY's rural setting?
Appraisals in Florida, NY can sometimes be challenging due to the mix of older village homes, rural properties, and unique parcels with acreage. Finding comparable sales ("comps") for unique or secluded properties may require appraisers to look at a wider geographic area, which can occasionally impact the appraised value. Using a lender familiar with the local Orange County market is crucial for a smooth appraisal process.
Are USDA Rural Development loans available for homebuyers in Florida, NY?
Yes, Florida, NY is eligible for USDA Single-Family Housing Guaranteed Loans, a key advantage for buyers in this area. This program offers 100% financing (no down payment) for eligible borrowers purchasing a primary residence in designated rural areas. Given Florida's location, many properties qualify, making it an excellent option for qualified buyers with moderate incomes to achieve homeownership with minimal upfront costs.
Why Choose a Mortgage Lender in Florida?
Local Market Knowledge
Lenders who understand Florida'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 New York.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Florida and get competitive rates on your home loan.