Broward County Mortgage Broker

AAA Capital Funding sits right here in Broward, in Fort Lauderdale. See our Fort Lauderdale office page for directions and a direct line to Jason.

Which Broward County areas does AAA work in?

All of it. Fort Lauderdale, Hollywood, Pembroke Pines, Miramar, Coral Springs, Pompano Beach, Davie, Plantation, Sunrise, Deerfield Beach, Weston, Tamarac, and the smaller pockets in between. The office is in Fort Lauderdale, so Broward is home turf, not a zip code on a map. Your file gets handled by someone who knows this market and how deals actually close here.

Buying your first home in Broward

Broward runs on FHA for a lot of first-time buyers. You can put 3.5 percent down with a 580 middle score, and the debt ratio can run higher than conventional financing allows. With FHA 100% financing, a second loan covers the 3.5 percent, so you can buy with nothing down. Add Florida Hometown Heroes where you qualify, and the money needed up front can shrink to almost nothing out of pocket. Seller concessions of up to 6 percent are on the table as well, which matters in a county where the cash to close is the wall that stops most renters from buying.

What trips Broward buyers up on insurance, HOAs and condos

Insurance is the cost most Broward buyers underestimate. If the house sits in a FEMA high-risk flood zone (an A or V zone), an FHA, VA or conventional loan will require flood insurance. An older roof or older wiring usually means a 4-point inspection before an insurer will write the policy. A wind mitigation report can lower the premium. HOA dues count in your debt-to-income ratio too. Get the insurance quote and the monthly dues in hand before you fall for a house, because both go straight into your payment. With a condo, the building has to qualify too. We check that before you write an offer.

Budget Broward property taxes on your price, not the seller’s bill

The tax bill on a Broward listing is the seller’s, and yours usually won’t match it. Florida’s Save Our Homes rule caps how fast a homesteaded owner’s assessed value can climb, so someone who has owned for years may pay far less than you will. When the house sells, the assessment resets to market value. Build your budget on your purchase price, not the number on the listing. If you own and live in the home by January 1, file your homestead exemption with the Broward County Property Appraiser by March 1 of that year. It takes up to about $50,000 off the assessed value and starts your own Save Our Homes cap.

Refinancing a Broward home

If your Broward property has gained value, a refinance can pull cash out for a renovation, a debt payoff, or a down payment on a second place, or reset the loan on better terms. FHA and VA both carry streamline options that skip a chunk of the paperwork when the timing lines up. Veterans can start with our VA IRRRL streamline page. Whether it pencils comes down to your current rate against today’s and how long you plan to stay put. That is a five-minute conversation.

Why a Broward broker beats a national call center

A call center does not know which Broward streets sit in a flood zone, or how a Broward appraisal tends to land, or where a Pompano seller has room to move on concessions. It runs your file against one rate sheet and one overlay, then quits. A broker shops the same file across many lenders and knows the ground under it. Since 1997, that is the work AAA Capital Funding has done as an independent Florida mortgage broker, one client at a time, straight through with Jason.