Helping Boca Raton Find Easy Mortgage Solutions!
Read Our Boca Raton Reviews
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Holly Pridgen2024-04-03Our 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 :)Trustindex verifies that the original source of the review is Google.
Avi Wasser2023-10-22Benjamin was professional and communicative. He made the home buying process a smooth and quick one. Highly recommended!Trustindex verifies that the original source of the review is Google.
Jamie Steinberg2023-09-12MJS 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.Trustindex verifies that the original source of the review is Google.
Josh Solomon2023-03-30An 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!Trustindex verifies that the original source of the review is Google.
Michelle Dabrow2023-03-30Amazing brokerage! Ben worked quickly and efficiently. He always had what was best for me as his priority.Trustindex verifies that the original source of the review is Google.
Taly Feldman2022-12-16Martin and Ben are always prompt and informative. I highly reccomend working with them for your mortgage needs.Trustindex verifies that the original source of the review is Google.
Tomer Alcalay2022-01-12Knowledgeable, proactive and very responsive. It was a pleasure working with Ben to get the loan closed.Trustindex verifies that the original source of the review is Google.
Ely Amos2021-11-10I 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.Trustindex verifies that the original source of the review is Google.
Yeshai Bane2021-10-04Martin and Ben were extremely helpful and a pleasure to work with.Trustindex verifies that the original source of the review is Google.
Avi Raden2021-08-09Made the process as smooth and efficient as possible. Very responsive and accessible throughout, which was greatly appreciated. Excellent service.
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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
Nestled in the heart of South Florida, Boca Raton is a vibrant city that appeals to both young families and retirees alike. With a consistently sunny climate punctuated by brief, refreshing showers — there’s a local saying: “Don’t like the weather? Wait five minutes!” This dynamic city is home to approximately 99,244 residents as of 2018, with a median age of 42. Boca Raton offers a rich blend of modern real estate, excellent schools, and delectable dining, attracting an increasing number of younger families each year.
Boomers Boca Raton: This local favorite theme park features a variety of attractions, including arcade games, go-karting, mini-golf, laser tag, water rides, and rock climbing. Perfect for day-long adventures or celebrating special occasions, Boomers is conveniently located at 3100 Airport Road, making it an accessible getaway for family fun.
Gumbo Limbo Nature Center: Experience the natural beauty of South Florida at this engaging nature center. Gumbo Limbo provides a sanctuary for injured sea turtles and offers educational programs on local wildlife. Its scenic boardwalk and outdoor aquariums make it a captivating destination for all ages.
The Beach: A quintessential South Florida experience, the local beaches offer endless entertainment and relaxation opportunities. Whether it’s building sandcastles or basking in the sun, the beaches of Boca Raton are a beloved aspect of local life.
About Us: MJS Financial LLC – Your Boca Raton Mortgage Experts
At MJS Financial LLC, we are deeply rooted in the South Florida community, with a specific focus on serving Boca Raton. Our licensed brokerage is dedicated to helping you secure a mortgage that suits your needs, enabling you to enjoy life in this sun-kissed paradise without the burden of overwhelming financial commitments.
Whether you’re purchasing your first home, looking to refinance, or interested in investment properties, our team of experts is here to guide you. With over 20 years of experience in real estate and mortgage services, we offer a range of products including jumbo loans, conventional loans, FHA loans, and reverse mortgages.
Investing in Boca Raton
Boca Raton is not only a wonderful place to live but also a prime location for investment properties. With its continuous growth and influx of visitors, especially during the winter months, owning rental properties can provide a lucrative source of passive income. As the city expands, property values are poised to increase, making it a sound investment choice.
Community and Connections
At MJS Financial LLC, our clients are more than just customers; they are part of our extended family. We take pride in our personal approach and are committed to building lasting relationships within the Boca Raton community. Through our extensive network of real estate professionals, including agents, attorneys, and more, we are equipped to support all your housing needs beyond just mortgages.
Let’s Talk
If you’re considering a mortgage in Boca Raton or have any questions about financing your home, we’re here to help. At MJS Financial LLC, we don’t charge upfront fees for applications or consultations. Contact us today — we’re ready to assist you in finding the perfect mortgage solution and can provide guidance or direction, even if you decide not to use our services.