Your Home Sold Guaranteed Realty - Phil Aitken Home Team

Phil Aitken
Phil Aitken

Find the Best Financing to Buy a Home in Jacksonville, FL

Learn About Financing to Buy a Home in Jacksonville

Curious about financing to buy a home in Jacksonville, Florida? Jacksonville is the 12th largest city in the U.S., and it’s been growing consistently over the past several years. 

If you’re looking for a home in the area, you’ll need to know how to get the best financing rates before you start house hunting. 

How Do You Get the Best Financing Rates?

At Your Home Sold Guaranteed Realty – Phil Aitken Home Team, we believe in empowering our home buyer clients to make informed decisions. 

That’s why we’ve created a guide on the, “3 Tips To Obtain The Best Financing When Buying A Home.” 

In this post, we’ll briefly discuss the three tips mentioned in the guide. But to read about each tip more in-depth, you can download a free copy of the report by clicking on the button below.

1. Get Mortgage Pre-Approval First

Most home buyers want to go out and start looking for homes right away. However, the first step you should take in the home buying process is getting pre-approval.

Pre-approval benefits you by:

  • Helping you stand out from other home buyers
  • Making it easier to work with real estate agents
  • Defining your budget before you shop for homes
  • Providing insurance against rising interest rates

Mortgage pre-approval comes at little to no cost and is relatively easy to get. To get started, all you need to do is sit down with a mortgage broker or visit a lender directly, like a bank or credit union.

You’ll go over several details of your financial situation, like your credit score, debt-to-income ratio, and stability of your income. Then, the broker or lender will determine the best financing plan for you and give you a written pre-approval certificate with the home loan amount you qualify for.

This certificate will help protect you from the changes in the housing market as you start searching for homes. If interest rates increase while you’re buying a home in Jacksonville, you’ll still get the rates you were originally pre-approved for. 

2. See If You Qualify For Special Financing Programs

Many home buyers don’t know they may qualify for special mortgage rates. For example, there are usually special home loan options for first-time home buyers or veterans.

Simply ask your lender whether they offer a program like this and whether you qualify. 

Even if you don’t qualify for one of these lower rates, you should still ask about the different types of mortgages available.

There are several types of loans, such as fixed-rate mortgages, adjustable-rate mortgages, conventional loans, and government-insured loans. Your lender can help you determine which is the right fit for you.

3. Don’t Be Afraid to Negotiate

Lastly, many home buyers don’t realize they can negotiate with lenders. The best way to do this is to be knowledgeable about your financial situation and visit several lenders in your area.

Compare their quotes and see which is the best. A lender may be willing to give you a better deal if they know another lender is planning to.

In addition, your real estate agent can help you negotiate and find a lender who gives you a great financing rate. 

Lenders are often eager to do business with real estate agents because it helps their business grow. So, your real estate agent likely has a network of recommended lenders they work with.

We Can Help You Get Financing to Buy a Home in Jacksonville

Finding financing to buy a home in Jacksonville, Florida, or the surrounding area doesn’t have to be difficult. The more familiar you are with getting the best financing rates, the more likely you’ll get a great deal on your dream home.

At Your Home Sold Guaranteed Realty - Phil Aitken Home Team, we want to help you find the perfect home in Jacksonville at the best possible price.

Our network of lenders, along with our buyers’ guarantees, can help you find success in the home buying process.
To learn more about working with us to buy a home, give us a call at (904) 544-5252, or fill out the form below.


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Phil Aitken, Owner/Broker
Phil Aitken is the Owner/Broker with Your Home Sold Guaranteed Realty - Phil Aitken Home Team and has over 13 years of Real Estate experience. Phil’s faith and desire for his family’s continued security fuel his business growth and leadership. The Phil Aitken Home Team continues to profoundly impact the people of Jacksonville via supporting several faith-based organizations. Phil gives back a portion of every real estate transaction to The Tim Tebow Foundation and Rethreaded. Find Phil's full story here.