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Get your easy, hassle-free, digital mortgage here.

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ABOUT OUR COMPANY

Why Should You Choose Us?

We know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention.

  • Purchase New House
  • Apply For Loan
  • Refinancing Your Home
  • Individual Attention
  • Quality Service
  • Refinance Advisor
  • Rapid Home Loan Corp.

  • Signature
    Lawrence Ligonde

    Mortgage Loan Originator

WHAT WE OFFER

Our Core Service

Today's technology is providing a more productive environment to work in. For example, through our website you can submit a complete on-line, secure loan application or pre-qualify for a home loan. You may also evaluate your different financing options by using our interactive calculators and going over various mortgage scenarios.

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Home Purchase

We've been helping customers afford the home of their dreams for many years and we love what we do.

  • Respect for all people
  • Excellence in everything we do
  • Truthfulness in our business
  • Unquestionable integrity
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Apply For Loan

Looking to apply for a Loan? Rapid Home Loan Corp can help! Get started on your online loan application today.

  • Respect for all people
  • Excellence in everything we do
  • Truthfulness in our business
  • Unquestionable integrity
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Refinancing Your Home

We make is easy to apply for a mortgage refinance. This makes us one of the top mortgage brokers in Broward County.

  • Respect for all people
  • Excellence in everything we do
  • Truthfulness in our business
  • Unquestionable integrity
LOAN PROGRAMS

Which Mortgage is Right for You?

There are a number of different types of home loans available to you, and it can pay to familiarize yourself with them. Luckily we’re here to help you choose the best type of home loan for your needs.

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BUYING A HOME

Mortgage Rate Options

  • Fixed Rate

    The most common type of loan option, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan’s lifetime.

  • Adjustable ARM

    Adjustable-rate mortgages include interest payments which shift during the loan’s term, depending on current market conditions.

  • Interest Only

    A mortgage is called “Interest Only” when its monthly payment does not include the repayment of principal for a certain period of time. Interest Only loans are offered on fixed rate or adjustable rate mortgages as wells as on option ARMs.

  • Graduated Payments

    A graduated payment mortgage is a loan where the payment increases each year for a predetermined amount of time (such as 5 or 10 years), then becomes fixed for the remaining duration of the loan.

Get Mortgage Quote

We've been helping customers afford the home of their dreams for many years and we love what we do.

Get A Quote
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  • When should I refinance?

    It's generally a good time to refinance when mortgage rates are 2% lower than the current rate on your loan. It may be a viable option even if the interest rate difference is only 1% or less. Any reduction can trim your monthly mortgage payments. Example: Your payment, excluding taxes and insurance, would be about $770 on a $100,000 loan at 8.5%; if the rate were lowered to 7.5%, your payment would then be $700, now you're saving $70 per month. Your savings depends on your income, budget, loan amount, and interest rate changes. Your trusted lender can help you calculate your options.

  • What are points?

    A point is a percentage of the loan amount, or 1-point = 1% of the loan, so one point on a $100,000 loan is $1,000. Points are costs that need to be paid to a lender to get mortgage financing under specified terms. Discount points are fees used to lower the interest rate on a mortgage loan by paying some of this interest up-front. Lenders may refer to costs in terms of basic points in hundredths of a percent, 100 basis points = 1 point, or 1% of the loan amount.

  • Should I pay points to lower my interest rate?

    Yes, if you plan to stay in the property for a least a few years. Paying discount points to lower the loan's interest rate is a good way to lower your required monthly loan payment, and possibly increase the loan amount that you can afford to borrow. However, if you plan to stay in the property for only a year or two, your monthly savings may not be enough to recoup the cost of the discount points that you paid up-front.

  • How Much Home Can You Afford?

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  • What is an APR?

    The annual percentage rate (APR) is an interest rate reflecting the cost of a mortgage as a yearly rate. This rate is likely to be higher than the stated note rate or advertised rate on the mortgage, because it takes into account points and other credit costs. The APR allows homebuyers to compare different types of mortgages based on the annual cost for each loan. The APR is designed to measure the "true cost of a loan." It creates a level playing field for lenders. It prevents lenders from advertising a low rate and hiding fees. The APR does not affect your monthly payments. Your monthly payments are strictly a function of the interest rate and the length of the loan. Because APR calculations are effected by the various different fees charged by lenders, a loan with a lower APR is not necessarily a better rate. The best way to compare loans is to ask lenders to provide you with a good-faith estimate of their costs on the same type of program (e.g. 30-year fixed) at the same interest rate. You can then delete the fees that are independent of the loan such as homeowners insurance, title fees, escrow fees, attorney fees, etc. Now add up all the loan fees. The lender that has lower loan fees has a cheaper loan than the lender with higher loan fees. The following fees are generally included in the APR: Points - both discount points and origination points Pre-paid interest. The interest paid from the date the loan closes to the end of the month. Loan-processing fee Underwriting fee Document-preparation fee Private mortgage-insurance Escrow fee The following fees are normally not included in the APR: Title or abstract fee Borrower Attorney fee Home-inspection fees Recording fee Transfer taxes Credit report Appraisal fee

  • Capital Management

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  • What does it mean to lock the interest rate?

    Mortgage rates can change from the day you apply for a loan to the day you close the transaction. If interest rates rise sharply during the application process it can increase the borrower’s mortgage payment unexpectedly. Therefore, a lender can allow the borrower to "lock-in" the loan’s interest rate guaranteeing that rate for a specified time period, often 30-60 days, sometimes for a fee.

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