Rate-Term & Cash-Out Refinancing

Mortgage Refinancing In Florida

Are you stuck with an unpredictable adjustable-rate mortgage in Florida? Is the APR on your 15-year loan killing your wallet? Don’t worry— Advantage Mortgage is here to save the day. In addition to helping entrepreneurs close on investment properties and young families move into dream homes, 1st Advantage Mortgage helps Florida home refinance¹

Florida Mortgage Simplified

At 1st Advantage Mortgage, we’ve reimagined mortgage refinancing by saying goodbye to faceless loan processors and keeping everything in-house. The result? A simpler, easier, and much faster process.

We’ve Got a Mortgage For You

Types of Mortgages For Homeowners In Florida

When you refinance with 1st Advantage Mortgage. Our Mortgage experts can help you secure a better APR¹, change your loan terms, or reduce your monthly mortgage payment. We can even help you cash out your home’s equity to finance a big remodel, pay for graduate school, or consolidate higher-interest debt. Point being, your goals will determine which refinance mortgage is right for you.

Look through our different lending options and then connect with a Mortgage Expert. This knowledgeable team member can answer any questions you have about the refinance process. And, unlike other loan officers, they’ll actually remember your name.

Your Mortgage Expert is your personal resource through the loan process, providing guidance to ensure you find the best loan with the right payment options.

Fixed-Rate Mortgage (15 or 30 years)

With a fixed-rate 15- or 30- year mortgage, your interest rate stays the same throughout the lifetime of your loan.

Adjustable Rate Mortage(ARM)

Take advantage of potentially lower interest rates during the initial fixed interest rate period.

Cash-Out Refinancing

With FHA and VA cash-out refinancing, replace your mortgage with a loan worth more than your home so you can pocket the difference.

FHA Streamline Refinancing

Get a lower interest rate and monthly payment with limited paperwork and no home appraisal or credit check.

Interest-Rate Reduction Refinance Loan

The classic traditional loan with low rates and low down payment options.

Fannie Mae RefiNow

An FDA-issued loan offering low down payments and closing costs for eligible properties.

Think Refinancing Is Stressful? It Doesn’t Need To Be.

Refinancing Options For Florida Homeowners

Do you want a better loan term but are afraid your credit isn’t up to par? Or maybe you’d prefer to extend your loan, moving from a 15-year to a 30-year mortgage, but aren’t sure if a lender will play ball? No matter your financial goals, 1st Advantage Mortgage will match you with a Mortgage Expert who will find a refinance mortgage that works for you.

Refinancing is fast and easy when you partner with 1st Advantage Mortgage Home Loans. Whether you’re a freelance designer with less-than-awesome credit or an empty nester recovering from bankruptcy, our Mortgage Expert will work tirelessly to find a mortgage refinancing option that suits your needs.

Hear From Our Clients

1st Advantage Mortgage is dedicated to providing five-star customer service to every individual, no matter their creditworthiness or income. Not convinced? Just read one (or 300) of our reviews.

View More Customer Testimonials

Florida Mortgage Refinance FAQS

How many times can you refinance your house in Florida?

You can refinance your home as many times as you’d like. However, some lenders do have “seasoning requirements,” or a wait time between refinances. In most cases, this waiting period is six to 12 months.

When should you refinance your home in Florida?

You should refinance your home when it makes financial sense. For example, if interest rates are at an all-time low, you might be able to secure better loan terms that reduce your monthly mortgage payment. Or, if you need cash for an urgent home repair, a cash-out refinance can provide the financing you need. Nevertheless, keep in mind that you’ll be required to pay closing costs with a refinance—between 2-6% of the loan amount.

When can you refinance your home in Florida?

Most homeowners can refinance whenever they’d like. However, if you recently purchased your home or refinanced your mortgage, lenders may require that you wait a certain amount of time. This requirement varies. With a conventional refinance, for example, there’s no waiting period whatsoever. But with a USDA refinance, you must wait six to 12 months.

How long does it take to refinance a house in Florida?

A refinance typically takes 30 to 45 days. But this process can be delayed by appraisals, inspections, and financing issues. To ensure a quick and speedy refinance, first make sure you meet your lender’s credit, debt-to-income ratio, and equity requirements. You can also gather necessary documentation like W-2s or 1099s, pay stubs, and bank statements.

1st Advantage Mortgage: REFINANCE LENDER IN FLORIDA

1st Advantage Mortgage is a Florida mortgage refinance lender dedicated to serving homeowners across the Sunshine State. Unlike other lenders, who drag their feet and speak in legalese, 1st Advantage Mortgage provides a straightforward, user-friendly, and (dare we say?) pleasant refinancing experience. We’re big on efficiency and answering the phone when you need help putting out a fire

No matter your financial situation – self-employed with a perfect FICO®* score or retired with less-than-perfect credit – our Florida Mortgage Expert will help you find the right home loan quickly and easily

No matter which type of home loan you choose, our NC, SC, & FL Mortgage Experts will help you get it without the usual frustration.

Legal information

² No -Down Payment Disclaimer: Closing costs and fees may still apply

³ Lending Disclaimer: Mortgage rates are subject to change and depend on the borrower(s) qualification. APR rate(s) quoted are based upon a (loan amount), (loan term, including whether fixed or ARM) year.

⁴ Refinancing Disclaimer: When refinancing your mortgage , you can typically reduce your monthly payment amount. However, your total finance charges may be greater over the life of your loan. Your 1st Advantage Mortgage loan professional will provide you with a comprehensive refinance comparison analysis to determine your total life loan savings.

⁵ VA Mortgage Disclaimer: VA home loan purchases offer options for a 0% down payment, no private mortgage insurance requirements, and competitive interest rates with specific qualification requirements. VA Interest Rate Reduction Loans (IRRRL) are exclusively for veterans with current VA loans – current loan rate restrictions apply, and limits to recoupment of costs and fees apply. VA cash-out refinances are available for veterans with or without current VA loans. Policies and guidelines may vary and are subject to individual borrower(s) qualifications. Program and lender overlays apply.

⁶ Down Payment Assistance Disclaimer: First-lien interest rates may be higher when using a DPA.

⁷ Pre-Approval Disclaimer: Pre-approvals are granted to clients who meet qualifying approval criteria and specific loan requirements at the time of application. Results may vary.

General Disclaimer: The content on this page has not been approved, reviewed, sponsored, or endorsed by any department or government agency.

NMLS® Consumer Access℠: https://nmlsconsumeraccess.org/

North Carolina Mortgage Broker License: B-217173

Florida Mortgage Broker License: MBR6689