What is a VA IRRRL? A VA IRRRL loan is an Interest Rate Reduction Refinance Loan (IRRRL), sometimes called a VA Streamline loan offered by the U.S. Department of Veterans Affairs (VA). When interest rates drop, many Florida Veterans and other homeowners with VA loans consider saving money with a refinance. The fastest …
How to get a mortgage pre-approval
What is the Cash Ready Plus Program? A mortgage pre-approval is designed to make the homebuying process easier. Getting a fully underwritten pre-approval from Mortgage Equity Partners means your loan officer and an underwriter have thoroughly reviewed your financial position. By issuing a pre-approval letter, we are …
Florida Hometown Heroes DPA program funds are fully depleted for 2024
Florida Hometown Heroes DPA funds have depleted for 2024 but MEP Advantage DPA is still live. Fill out the form to see if you qualify or contact one of our qualified loan officers to learn more! Who is eligible for Florida Hometown Heroes DPA? The Florida Hometown Heroes Housing Program was initially …
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How accessory dwelling units can provide income and add property value!
What is an accessory dwelling unit? Accessory Dwelling Units (ADUs) have been known by many names: granny flats, in-law units, backyard cottages, secondary units, garage units, and more. They are accessories to a primary residence and provide complete independent living accommodations for one or more people. It is …
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How down payment assistance helps homebuyers
The importance of down payment assistance and choosing the right mortgage lender In today's real estate market, buying a home can feel out of reach, especially for first-time homebuyers. One of the biggest challenges many Florida buyers face is coming up with the funds for a down payment and closing costs. …
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Homeowner goals for Baby Boomers
The best routes for retirement Baby boomers own the most significant portion of housing value nationwide. Data from the Federal Reserve shows that total real estate wealth in the fourth quarter of 2023 was $44.84 trillion, and boomers claimed an impressive $18.65 trillion (42%) share of that value. A …