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The top-rated Clay County mortgage broker is staffed by experienced, multilingual loan professionals and has introduced new homeownership programs. The launch of the VA programs is in response to demand from Florida’s large Veteran community and those in need of loans exceeding the conforming loan limits set by Fannie Mae and Freddie Mac.
More information can be found at https://directchoicelending.com
Direct Choice Lending’s new offerings make securing a loan easier than investing time and money in searching for the right product. In addition, the company’s team acts as a supporting intermediary, connecting prospective borrowers with the best-matched lenders, based on Direct Choice Lending’s own comprehensive assessment of a borrower’s profile.
Record low mortgage rates and a major spike in remote work have spurred a surge in property demand, particularly in lower-density areas. Detached single-family homes – allowing for more living space and seclusion from neighboring homes – are in especially high demand. Home prices are anticipated to continue rising another three percent through 2022, according to Fannie Mae, as increased savings and a robust job market expand the pool of potential homeowners.
Direct Choice Lending now facilitates the application process for both VA and Jumbo Loans. The former is a mortgage loan backed by the Department of Veterans Affairs in the United States (VA). The VA loan was created to provide long-term financing to qualifying American veterans and their surviving spouses – assuming they do not remarry.
A jumbo loan, on the other hand, is one that surpasses Fannie Mae and Freddie Mac’s conforming lending restrictions. The maximum for most of the United States is $548,250 as of 2021, with the exception of Alaska, Hawaii, Guam, and the United States Virgin Islands, where the ceiling is $822,373. Jumbo loans carry a higher risk for lenders, thus rates may be a little higher.
The brokerage offers a full range of homeownership programs, including fixed-rate, adjustable-rate, conforming, jumbo, super jumbo, FHA, and USDA loans. Direct Choice Lending’s website features several free online tools including a payment calculator, refinancing analysis, pre-approval letter, home value estimate, home insurance quote, and a search feature for local properties.
One of the company’s principals, Edwin Rivas, remarks, “I love assisting homebuyers with their mortgage needs and making their home buying dream a reality. I relocated from South Florida to Jacksonville Florida in 2008, have purchased two homes, and assisted over 150 home buyers with their mortgage needs.”
Interested parties can visit the company website at https://directchoicelending.com
Release ID: 89049867