Notes from Tony Fitzgerald's desk on how Florida mortgages actually work — the escrow resets, the homestead deadlines, and the details nobody mentions at the closing table. Written for Sarasota, Bradenton, and the Gulf Coast.
About 90 percent of buyers take a 30-year mortgage, yet the median seller had owned for only about 11 years, an all-time high. Once you see that gap, how you pick a term, a down payment, and a rate strategy changes.
Tony Fitzgerald · NMLS #1284924 · 1st Response Mortgage is a registered DBA of Barrett Financial Group, L.L.C. · NMLS #181106 · Florida License #MLD1880 · 2701 East Insight Way, Suite 150, Chandler, AZ 85286 · Licensed in Florida · Equal Housing Opportunity Lender