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Read Our Boca Raton Reviews
Holly PridgenApril 3, 2024.Our office just closed on a purchase with Ben! My office was the title company for the closing. Ben is very efficient and a good communicator, which is essential to a successful closing. Often times we wait for the broker to get back with us and keep us in the loop. Ben always answers the phone and gets the info you need quickly so we can keep the closing moving. The closing went smooth, and the buyers were extremely happy Ben :)
Avi WasserOctober 22, 2023.Benjamin was professional and communicative. He made the home buying process a smooth and quick one. Highly recommended!
Jamie SteinbergSeptember 12, 2023.MJS Financial and Benjamin made the closing process very easy and seamless. As I work for a title company, sometimes the broker's can make our job harder but Benjamin was very helpful and insightful and made my job easier. I wish all our transactions were with Benjamin.
Josh SolomonMarch 30, 2023.An easy 5 stars, I’d put more if I could. MJS made the process of securing a mortgage so seamless. They exhibited the utmost in professionalism and kindness. Highly recommended!
Michelle DabrowMarch 30, 2023.Amazing brokerage! Ben worked quickly and efficiently. He always had what was best for me as his priority.
Taly FeldmanDecember 16, 2022.Martin and Ben are always prompt and informative. I highly reccomend working with them for your mortgage needs.
Tomer AlcalayJanuary 12, 2022.Knowledgeable, proactive and very responsive. It was a pleasure working with Ben to get the loan closed.
Ely AmosNovember 10, 2021.I couldn't have found better mortgage brokers to work with than Martin and Ben. They walked me through every step of the mortgage process with great professionalism and knowledge. I was completely new to the process so I was really appreciative of their responsiveness to my emails and phone calls as well as prompt and thorough replies to all of my questions. They are a terrific team that skillfully navigated me through a long and sometimes complicated process. Would recommend their services in a heartbeat.
Yeshai BaneOctober 4, 2021.Martin and Ben were extremely helpful and a pleasure to work with.
Avi RadenAugust 9, 2021.Made the process as smooth and efficient as possible. Very responsive and accessible throughout, which was greatly appreciated. Excellent service.
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Licensed South Florida Mortgage Brokers
Fast Turn Around Times
Fast Communication
Multiple Lenders To Choose From
No Application Fee
Explore the featured articles above to see where MJS Financial LLC has made headlines. Looking for a pre-approval on FHA, conventional, jumbo, or reverse mortgages in Boca Raton? Contact us directly, or use the link above to fill out a questionnaire about your upcoming purchase quickly. We’re here to assist and provide detailed information on various mortgage options. Get started on securing your Boca Raton mortgage pre-approval today
FAQ About Mortgages
Fixed-rate mortgages have the same interest rate for the entire term of the loan, providing predictable monthly payments and stability against interest rate increases. Adjustable-rate mortgages (ARMs) start with a lower rate that may change periodically, depending on changes in a corresponding financial index that’s associated with the loan.
FHA loans are designed for low-to-moderate-income borrowers; they require a lower minimum down payment and lower credit scores than many conventional loans. To qualify, you’ll need a credit score of at least 580 to make a 3.5% down payment. If your credit score is between 500 and 579, you may still qualify for an FHA loan but will need to make a 10% down payment
Jumbo mortgages are used to finance properties that are too expensive for a conventional conforming loan. The requirements for a jumbo mortgage can vary by lender but generally include a higher credit score, larger down payment, and extensive documentation of income, assets, and debt levels.
Yes, self-employed individuals can qualify for a mortgage. You’ll need to provide additional documentation to prove your income stability. This typically includes two years of personal and business tax returns, and sometimes, a profit and loss statement.
Points, also known as discount points, are fees paid directly to the lender at closing in exchange for a reduced interest rate. This is also known as “buying down the rate,” which can lower your monthly mortgage payments.
A reverse mortgage allows homeowners 62 years or older to convert part of their home equity into cash without having to sell their home or pay additional monthly bills. It’s important to understand the long-term financial implications of a reverse mortgage, including the effect on your estate and any inheritance you may wish to leave.
The minimum down payment for a conventional loan is typically 3% for first-time buyers. However, paying a larger down payment of 20% or more can help to reduce your monthly payments, and avoid paying private mortgage insurance (PMI).
To get pre-approved for a mortgage, you’ll need to provide income documentation such as pay stubs, tax returns, and W-2s, which help the lender assess your earnings and financial stability. The lender will also pull your credit report to evaluate your credit history and score. Based on this information, they can determine the purchase price you qualify for, giving you a clear idea of what homes you can afford.
Living In Boca Raton
Boca Raton is a beautiful city with a lot of features that attract both young and older families. As of 2018, the population was around 99,244 and the median age is 42 years old. Being in South Florida the sun is always out and the humidity is as well. If it happens to rain we have a saying down here ” don’t like the weather? wait 5 minutes”. Florida is notorious for its spontaneous weather and it is something all Floridians become accustomed to. Florida is also known for its elderly community and having plenty of golf courses is a great place to retire. In recent years we have seen more and more younger families moving to the area to take advantage of the great schools, modern real estate, and the great food. Boca Raton has amenities that appeal to everyone.
- Boomers, A small theme park right here in small Boca Raton. Boomers have a bunch of fun activities for kids and adults like arcade games, go-carting, mini-golfing, laser tag, water rides, rock climbing, and more. Having good food and great prizes it is an awesome place to hang out all day with the kids. Boomers is a staple of Boca and is a great place to have birthday parties and other fun events. Located at 3100 Airport Rd, it’s right in the heart of Boca near i95 and Glades Road
- Gumbo Limbo Nature Center, is a fantastic nature center that has shown the true beauty of South Florida. Here families can see and learn about the native animals of South Florida. Featuring a boardwalk, beautiful enclosure, and outdoor aquariums. One of the main focuses of Gumbo Limbo is to help rehabilitate hurt sea turtles which is just heartwarming. Apart from just a day trip, they have numerous volunteer and group events that promote a clean and safe environment.
- Last and most important is the beach, South Florida is known for its beach and the atmosphere it has. The beach appeals to kids, adults, and retirees whether it be playing in the sand or soaking in those sun rays many Floridians form a love-hate relationship with the beach.
About Us
Mortgage Brokers In Boca Raton
While we are a fully licensed mortgage brokerage in the state of Florida, South Florida is where we have our roots. Boca Raton is a beautiful city where the sun is always out and the beach is never too far away. Boca Raton is always growing to make a great place to own a home.
We are fully aware of what it takes to get you a mortgage in Boca Raton and want to help you get into your dream home with the best terms possible. If you have been living here with us we suggest taking a look at your current mortgage statement and see if you can save money each month with a refinance. Living in Boca Raton should be living in paradise with no worries of high monthly payments.
Here at MJS Financial LLC, we take pride in our extensive knowledge of our mortgage products. With over 20 years of real estate experience, we feel confident we can find a product that fits you. Getting our clients the best possible terms for their mortgage is our just cause. The two main products we serve are jumbo and conventional loans. We also have extensive experience with FHA and reverse loans.
MJS Financial LLC is a family-owned Boca Raton mortgage company with family values. Started by a father and hiring his son and a small team. Every aspect of the mortgage is handled with care on a personal level. We hope you give us a call and join our family of lifelong clients.
If you need a Boca Raton mortgage broker for a mortgage in the Boca Raton area give us a call and we will be happy to speak with you and go over your options. We never charge clients upfront with application fees or submission fees. Even if we can not help you we will happily point you in the right direction or give you advice on how to approach it
Boca Raton is also a great place to own an investment property to make passive income. Owning a second or third home to rent out in Boca Raton is a great way to make extra money. Being in sunny Florida many people from northern states love coming down here in the winter making it a great opportunity to make rental income. Plus with Boca Raton growing daily property values increase over the years making an investment property a good long-term investment.
The people we help are not customers but clients that we hope to build lasting relationships with. The Boca Raton community is home to a diverse and amazing community that we have always enjoyed doing business with.
Through our Boca Raton clients, we have to build a skillful network of real estate agents, attorneys, insurance agents, title companies, handymen, and other professionals to assist you with any needs you have a mortgage or refinance aside.
If you have any questions regarding your finances on credit, income debt or anything else give us a call or shoot us an email and we will respond as soon as possible.