Your Local Mortgage Lender
Located in Parkland, Florida
Personalized Mortgage Experience
Brian Faeth offers personalized service and loan options you'll love. We shop multiple lenders to find the best rate and product for you, getting you into your dream home faster.
With wholesale interest rates and cutting-edge technology, we make the mortgage process seamless. Trust the experts who focus solely on mortgages. Support your local community and experience elite client service.
Let us help you achieve your homeownership dreams!
The Home Loan Process
Mortgage Pre-Approval
Get pre-approved from one of our Loan Officers to see how much you can afford.
House Shopping
Work with a trusted Real Estate Agent to find a home you would like to move into.
Loan Application
Complete your home loan application to get the lending process started.
Don't take my word for it
Mortgage Programs
Experience the best mortgage experience located in Parkland, Florida.
Home Loan Options
Our experienced mortgage advisors will walk you through the best mortgage loan program that will fit your specific scenario.
Conventional Home Loans.
FHA Home Loans.
USDA Home Loans.
VA Home Loans.
Frequently Asked Questions
How often can I refinance my mortgage?
There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.
Can I buy a home if I do not have money for a down payment?
Yes! There are a number of bond programs that offer low or no down payment financing options.
How do I know which mortgage is right for me?
The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.
How long will the loan process take?
The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.
Will I qualify for a home loan?
The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.
Why do people refinance their mortgages?
Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.
How much money will I have to pay upfront to buy a home?
This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.
Can I get a mortgage after bankruptcy?
You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.
Should I lock my interest rate now, or wait until we are closer to our closing?
Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.
Most Recent Blog Updates
Refinance Applications Just Jumped 15 Percent in One Week and Here Is What That Means for You
Refinance Applications Just Jumped 15 Percent in One Week and Here Is What That Means for You
The Good News Most Homeowners Are Sleeping On Right Now
Refinance activity just surged. Applications climbed approximately 15 percent in a single week as rates moved lower and homeowners who had been waiting for any sign of improvement started taking action. If you have not recently looked at what a refinance could do for your monthly payment this is the moment to run the numbers.
What the Rate Environment Actually Looks Like Right Now
Thirty-year refinance rates have dipped back toward the high 6 percent range. That movement may sound modest but even small rate improvements can open up real savings depending on when you originally locked your rate and what your current loan looks like.
As Brian Faeth explains a useful rule of thumb for this June is that anything under approximately 6.5 percent on a 30-year refinance is considered a good rate by current standards. If you purchased or last refinanced when rates were near their peak in 2023 and your current rate is above that threshold the math on a refinance is worth reviewing with fresh numbers.
Who Should Be Looking at This Right Now
Homeowners who bought near the rate peak of 2023 are the most obvious candidates for this conversation. If your rate is in the sevens or high sixes and current refinance rates are coming in below your existing rate the monthly payment difference may produce savings that justify the cost of refinancing within a reasonable timeframe.
But the rate comparison is not the only reason to look at a refinance right now. Homeowners who have built meaningful equity since purchase may find that a refinance eliminates private mortgage insurance they are still paying. Homeowners who want to shorten their loan term and accelerate equity building may find that a 15 or 20 year refinance at current rates produces a manageable payment increase relative to the interest savings over time. And homeowners carrying high-rate consumer debt may find that a cash-out refinance restructures their overall debt picture in a way that produces meaningful monthly cash flow improvement.
The Action Worth Taking Right Now
The 15 percent surge in refinance applications reflects homeowners who ran their numbers and found savings. Not all of those numbers will work for every borrower but the only way to know whether yours do is to ask for a fresh quote and let the actual math make the determination rather than assuming the answer based on general market sentiment.
Reach out to your lender and ask for a current refinance quote on your specific loan balance and remaining term. Compare that rate to what you are currently paying and run the break-even calculation on the cost of the refinance against the monthly savings it would produce. If the break-even timeline aligns with how long you plan to stay in the home the refinance produces a genuine and measurable financial benefit.
Brian Faeth monitors rate developments on an ongoing basis and is available to run a fresh analysis on your specific situation to determine whether the current rate environment creates a refinance opportunity worth acting on. Follow along for more timely mortgage tips and reach out to Brian Faeth to find out what a refinance looks like for your numbers right now.
Sources
MortgageNewsDaily.com
FreddieMac.com
MortgageBankersAssociation.org
BankRate.com
ConsumerFinancialProtectionBureau.gov
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