🎉 Lender Florida | Matt Andre

Choosing the best mortgage plan tailored to your needs is an essential step in your homeownership journey. Matt Andre at FBC Mortgage LLC is here to guide you through selecting the right mortgage option based on your financial goals and situation in Florida.

• Assess Your Financial Situation: Matt will start by evaluating your current financial health, including your credit score, income, savings, and debt-to-income ratio. This assessment will help determine the types of loan products you qualify for and the terms that best suit your financial situation.
• Understand Your Homeownership Goals: Whether you’re buying your first home, refinancing, or investing in property, Matt will help you choose between a fixed-rate mortgage, which offers consistent payments, or an adjustable-rate mortgage (ARM), which starts with lower initial payments, ideal if you plan to sell or refinance in the near future.
• Compare Loan Products: FBC Mortgage LLC offers a wide variety of loan programs, including conventional loans, FHA loans, VA loans, and jumbo loans. FHA loans are ideal for first-time homebuyers with lower down payments, while jumbo loans cater to higher-value homes. Matt will guide you in comparing the options to ensure you select the one that best matches your needs.
• Select the Right Loan Term: Choosing between a 15-year or 30-year mortgage can impact your monthly payments and the overall cost of the loan. A shorter-term loan, such as 15 years, comes with higher monthly payments but reduces the interest paid over time, while a 30-year loan lowers monthly payments but results in more interest. Matt will help you make an informed decision based on your budget and long-term plans.
• Account for Additional Costs: Besides mortgage payments, other costs like property taxes, homeowner’s insurance, and possibly private mortgage insurance (PMI) if your down payment is less than 20% will affect your overall budget. Matt will ensure you understand and prepare for these additional expenses.

For personalized advice on selecting the best mortgage plan for your needs in Florida, contact Matt Andre at (407) 377-0276.

Improving your credit score is one of the most crucial steps in securing better mortgage terms. Matt Andre at FBC Mortgage LLC can guide you through the process of boosting your credit score before applying for a mortgage in Florida.

1. Review Your Credit Report
   The first step is to obtain and review your credit report from the three major credit bureaus—Equifax, Experian, and TransUnion. Matt will help you check for any inaccuracies that could be affecting your score and guide you in disputing them if necessary.
2. Dispute Credit Report Errors
   If there are errors on your credit report, disputing them is critical. Matt can assist you with the process of correcting these inaccuracies to ensure your credit report accurately reflects your creditworthiness.
3. Pay Down Outstanding Debt
   Reducing your outstanding debt is a quick way to improve your credit score. Lenders evaluate your credit utilization ratio—the amount of credit you’re using compared to your credit limit. Keeping this ratio below 30% is ideal for boosting your score. Matt will help you create a plan to pay down your debts efficiently.
4. Avoid New Credit Applications
   Applying for new credit accounts before applying for a mortgage can temporarily lower your score. Each inquiry on your credit report reduces your score slightly, and new credit adds to your debt-to-income ratio. Matt advises avoiding new credit applications in the six months leading up to your mortgage application.
5. Make Timely Payments
   Your payment history is one of the most important factors affecting your credit score. Ensure all bills, including credit cards, loans, and utilities, are paid on time. Setting up automatic payments or reminders can help avoid missed payments. Matt will work with you to maintain a strong payment history.
6. Address Negative Items on Your Credit Report
   If there are negative items on your credit report, such as late payments, collections, or charge-offs, addressing these is crucial. Matt will guide you through resolving outstanding debts, which may improve your credit score over time.

By following these steps, you’ll improve your credit score and qualify for better mortgage terms. For personalized advice, contact Matt Andre at (407) 377-0276.

Yes, whether you’re purchasing a home or refinancing, Matt Andre at FBC Mortgage LLC is ready to help you through the process and secure the best mortgage solution for your financial needs.

Home Purchase with Matt Andre at FBC Mortgage LLC

• Pre-Qualification and Pre-Approval: The first step in purchasing a home is to get pre-qualified or pre-approved. Pre-qualification gives you an estimate of how much you can afford, while pre-approval is a more detailed review of your finances, which strengthens your offer. Matt will guide you through both processes to ensure you’re prepared to buy.
• Choosing the Right Loan Product: FBC Mortgage LLC offers a variety of mortgage products, including FHA, VA, conventional, and jumbo loans. Matt will help you evaluate which loan best fits your financial situation and homeownership goals.
• Securing a Competitive Interest Rate: Interest rates play a crucial role in your mortgage payment. Matt will work to secure the most competitive rate for you, helping you save money over the life of the loan.
• Personalized Guidance: From the application process to closing, Matt provides step-by-step support to ensure your homebuying experience is smooth and stress-free. He’ll answer your questions and walk you through each phase with confidence.

Refinancing with Matt Andre at FBC Mortgage LLC

• Lowering Your Interest Rate: Refinancing your mortgage can lower your interest rate and reduce your monthly payments. Matt will review your current loan terms to see if refinancing is the right choice for you.
• Cash-Out Refinancing: If you have built equity in your home, cash-out refinancing allows you to borrow against your home’s value for major expenses like home improvements or debt consolidation. Matt will help you assess whether this option fits your financial goals.
• Shortening Your Loan Term: Refinancing can also help you shorten your loan term. Although this option increases your monthly payments, it can reduce the total interest you pay over the life of the loan. Matt will help you decide if this strategy aligns with your long-term financial plans.

For personalized support in refinancing or buying a home, contact Matt Andre at (407) 377-0276 to explore your options.

To begin your mortgage application with Matt Andre at FBC Mortgage LLC, having the necessary documents in place is key to ensuring a smooth and efficient process. Here’s what you’ll need:

General Documents Required for Mortgage Applications

• Proof of Income:
  • W-2 Forms: Provide W-2 forms from the last two years to verify your income and employment history.
  • Pay Stubs: Submit your most recent pay stubs, typically covering the last 30 days, to confirm your current earnings.
  • Tax Returns: If you’re self-employed or have other income sources, you’ll need to provide federal tax returns for the past two years.
• Proof of Identity:
  • Government-Issued ID: A valid photo ID, such as a driver’s license or passport, will be required to verify your identity.
  • Social Security Number: This will be used to pull your credit report and confirm your identity.
• Credit History:
  • Credit Report: Matt will review your credit report to assess your mortgage eligibility.
  • Debt Information: Provide documentation of any outstanding debts, such as credit cards, student loans, or auto loans, to help calculate your debt-to-income ratio.
• Proof of Assets:
  • Bank Statements: Provide bank statements for the last two months to verify available funds for your down payment and closing costs.
  • Retirement or Investment Account Statements: If you plan to use funds from a 401(k) or other investment accounts, you’ll need to provide statements showing the available balances.
• Proof of Employment:
  • Verification of Employment: Matt may contact your employer to verify your employment status. If you’re self-employed, additional documentation such as business licenses or profit and loss statements may be required.

Loan Program-Specific Documents

Depending on the loan type, you may need to provide additional documents:

• Conventional Loans: Typically require more extensive documentation of income and assets.
• FHA Loans: FHA loans may require additional documentation to prove eligibility, especially for borrowers with lower credit scores.
• VA Loans: Veterans applying for VA loans will need a Certificate of Eligibility (COE) and possibly military discharge papers.
• USDA Loans: USDA loans require proof that the property meets specific rural guidelines.

By gathering these documents early, you’ll ensure a smooth mortgage application process with Matt Andre at FBC Mortgage LLC. For more information or to begin your application, contact Matt at (407) 377-0276.