If youre looking for assistance in acquiring a mortgage, you may first contemplate using your bank. However, Florida mortgage brokers can offer you more. The fact is that Florida mortgage brokers only do well when they provide excellent customer service and they understand this. Florida mortgage brokers are consultants, who have been licensed by the state of Florida and will work with you and help you to determine what your mortgage needs are. As they specialize in mortgages only, they will be able to find you the mortgage that will suit your needs best.

Florida mortgage brokers are dedicated to providing you with excellent service as they rely solely on themselves for generating income. They get paid only when a mortgage has closed and therefore, will provide their knowledge and expertise to help you to determine what type of mortgage will best suit your needs. Florida mortgage brokers, in dealing with mortgages only, will educate you in the mortgage process and help you to feel comfortable in the decisions youll be making.

Florida mortgage brokers are also licensed and regulated by the state of Florida. In order to receive their mortgage broker license, they must first complete 24 hours of classroom instruction and can only do this at a qualified school that also meets requirements. Once theyve completed the 24 hours of instruction, they then must pass a written examination.

This examination covers the Florida Mortgage Brokerage and Lending Act, the Patriot Act, the Florida Fair Lending Act, and all federal housing regulations. They must also have a thorough knowledge in FHA/VA and conventional mortgages, as well as Fannie Mae underwriting guidelines and the closing process. They must also be able to perform financial calculations, requiring strong math skills and understand basic real estate knowledge. Once Florida mortgage brokers have received their license, they must receive another 14 hours of continuing education within the following two year period.

The fact is Florida mortgage brokers are educated in the mortgage industry and only after passing a rigorous written examination, they can receive their license. These Florida mortgage brokers are dedicated to helping the individual realize his or her dream in owning a home and they pride themselves on their ability to help one do this. They do not work the scheduled hours of a bank and will be there when you need them. If youre in the market for a mortgage, make sure you contact one of the Florida mortgage brokers today.