Mortgaging a used home in TV

[bkcunningham1]

Hello down there in beautiful Florida. My husband and I are doing a preview of The Villages the first week of Dec. We are trying to educate ourselves about mortgages and would like to get prequalified for a mortgage before we look at preowned homes there. Can anyone help me in my quest for information? Should we find a broker or a bank in Florida or does it matter where the lender is located? Any other info will be greatly appreciated. Thanks in advance for any advice. BK

[SUNNYMARYANN]

if either you or your husband is a veteran, check with the Veterans Administration for a home loan. Right now their interest rates are low. Good Luck.

[Bob S]

Citizen's First Bank let's you pre-qualify on line. They can do both new and resale home mortgages very quickly and are located throughout The Villages.

http://www.citizensfb.com/l_mortgages.asp
You can also call other local banks for their rates.

Another good source would be to call a multilist realtor like Lyle Gant. He should be able to direct you to several mortgage sources.

Good luck.

[bkcunningham1]

Thank you both for your prompt responses!! BK