Cape Coral Mortgage Broker
Find a Cape Coral, Florida (FL) mortgage broker. We have access to several Cape Coral mortgage lenders who are competing for your business. Let us do the shopping for you.
Cape Coral, Florida has a population of 112,899 – a 10.4% increase from 2000 to 2002. Experts credit the increase in population to affordable housing. It is being reported that houses are significantly undervalues currently and are a wise investment. The median house value is $110,800.
Florida Mortgage Facts
- Non-Community Property State - Since Florida is a non-community property state, you do NOT need to include the liabilities of your spouse, when applying for a Florida mortgage, if you choose to leave them off of the loan.
- High Closing Cost State - HUD has determined certain states to be high closing cost states and others to be low closing cost states. Florida is classified as a high closing cost state due to higher priced title fees. If you are moving to Florida from another state, be aware of these costs.
- Mortgage Tax State - Be aware, there is a state tax that is assessed on all Florida mortgages. This tax is $5.50 per $1000 of loan amount.