"What is your Interest Rate?" is usually the first question we hear from a customer. If you are working with a professional Mortgage Broker, this is not an easy answer. Many mortgage companies will simply state their lowest rate available with no more than one point and usually omit the fact you need to pay one point or will give you a rate based on a program that may not be suited to your needs. They do this to entice you into using them and then you may get a surprise when you see the real rate.

First Coast Financial appreciates interest rates are very important to our customers. We also know that the interest rate is only one element of a loan transaction and that in many instances our competitors' low interest rate is compensated for by unusually high or unnecessary fees or is aligned with a loan program that is not in the best interest of the borrower. We have chosen not to offer a rate quote before we understand the uniqueness of your situation and your financial goals.

What we do offer is the ability to obtain a fair and realistic rate by having you contact either our loan professionals. We are knowledgeable in evaluating your specific circumstances and will find the best loan program that fits your needs while offering a competitive price.

If you are still "shopping around", we offer you four questions that you must ask every loan officer you contact. These four questions will help ensure that you are dealing with an experienced, professional loan officer. The largest financial transaction of your life is far too important to place into the hands of someone who is not capable of advising you properly and troubleshooting the issues that may arise along the way. You may be surprised by how many loan officers you contact that do not know the answers to these questions. These questions will certainly help limit your search. To learn about these questions and their importance, please contact us or fill out the Express Quote request and we will be happy to answer any questions you might have.