Florida mortgage brokers are members of the Florida Association of Mortgage Brokers, an affiliate of the National Association of Mortgage Brokers (NAMB). Florida has a number of state laws in place to ensure that consumers are protected from predatory lending and are informed of all the opportunities available to them. By law, all Florida mortgage brokers must have an in-depth knowledge of these laws, which include the Florida Mortgage Brokerage and Lending Act, the Florida Fair Lending Act, the Patriot Act and guidelines pertaining to FHA and VA mortgages.
Florida mortgage brokers complete 24 hours or more of classroom study before becoming licensed and must pass an exam. Afterwards, mortgage brokers must complete 14 hours of continuing education every two years to maintain their license. Mortgage brokers must be associated with a licensed mortgage broker business and can only be associated with one mortgage broker business in Florida. (Note: Do not confuse this with the ability of mortgage brokers to offer you loans from several different lenders and banks.)
You can search for Florida mortgage brokers by region and city by clicking the links below. See what these licensed mortgage brokers have to offer and get quotes from three or more and compare your options. |
