The next step is hunting down the best mortgage for that Fort Lauderdale home for purchasing or refinancing. An excellent starting point is here: simply give us an idea of the type of loan you want. You will receive bids from multiple Fort Lauderdale lenders that will compete to provide a loan at the lowest rate, matching you with nearly 50 Fort Lauderdale mortgage lenders. Your mortgage may be for a new home, refinancing or perhaps a home equity loan - in any case, the best way to start is to see what everybody offers.

How much of a Mortgage?

Mortgage affordability is important to the bank, but crucial for you. As of 2005, the average Fort Lauderdale mortgage payment was $1,675 which will give you an idea of what you can expect even with historically low rates. Our mortgage calculator will help you plug in the critical components so that you can determine how large a home loan is reasonable for your Fort Lauderdale home.

Fort Lauderdale is a major city in Florida with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as: Prime Lenders, Inc., Ark- La- Tex Financial Services llc.Mortgage Professionals Inc.Bank Of America Na Charlotte.Guaranteed Home Mtg Co Inc.Topdot Mortgage Bank.Union Equity Corporation.American Lending Group Inc.Allied Mortgage Group Inc.Pinnacle Financial Corporation.

Fort Lauderdale Mortgage & Real Estate Market

In 2006 Fort Lauderdale housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Fort Lauderdale was $344,800. This number is big in comparison to the median home value back in 2000 of $150,100. Fort Lauderdale has a solid home ownership base with 80,239 houses and apartments and 47% of those are occupied by their owners. Despite the current market, historically Fort Lauderdale has been a city where people move, buy and stay - with 59% of homeowners currently paying off a mortgage. About 16% of the city's current homeowners are carrying a second mortgage or home equity loan.

First Mortgage Corp
1515 S. Federal Hwy Boca Raton, FL	Phone: 914-563-9343 Ask for: Damelio Bill
Special Mortgage Programs
We provide Creative Mortgage Solutions for all Credit Levels with the Most Competitive Rates and Programs for All Loan Types. We are FHA Licenced in all 50 States. For a FREE Instant Mortgage Quote please Call Bill at 914-563-9343 or Email me Directly at mortgagelendersplus@gmail.com Apply On-Line Today! Call Directly for a $500 Credit at Closing!
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Housing	Fort Lauderdale, FL	United States
Median Home Cost	$393,800	$217,200
Homes Rented	37.88%	21.45%
Home Appreciation	22.20%	9.80%
Homes Owned	46.68%	64.07%

Location	Population	Median Family Income (2005)
Cape Coral	102,286	$43,410
Clearwater	108,787	$36,494
Coral Springs	117,549	$58,459
Fort Lauderdale	152,397	$37,887
Gainesville	95,447	$28,164
Hialeah	226,419	$29,492

Category	Value
Homes With No Mortgage	25%
Second Mortgage Only	8%
Home Equity Loan Only	7%
First Mortgage Only	59%
2nd Mortgage or Home Equity	16%

Mortgage Type	Today	Last Week	Change
30 yr fixed	6.03	6.24	0.035%
15 yr fixed	5.47	5.72	0.046%
5/1 ARM	5.34	5.43	0.017%
3/1 ARM	5.48	5.42	0.011%

Your dream of home ownership, refinancing, or using your homes equity might just be an
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