When you decide to buy a home or refinance a mortgage in South Florida, your search for a home loan should start and end here. While there so many lenders to choose from in the greater Miami area, and nationally, you need to choose one you can trust to find the mortgage loan that's best for you. Sure, there are dozens of big bank mortgage lenders nationally, but you need a local lender in Miami.
Why? We know South Florida and the surrounding areas of Miami-Dade, Broward, Palm Beach, Collier, and Monroe counties. We know the local REALTORS, appraisers, inspectors, and so much more. We also have state-of-the-art technology that makes the loan process as easy and fast as possible, all while delivering personal customer service that can't be beat.
Why? We know South Florida and the surrounding areas of Miami-Dade, Broward, Palm Beach, Collier, and Monroe counties. We know the local REALTORS, appraisers, inspectors, and so much more. We also have state-of-the-art technology that makes the loan process as easy and fast as possible, all while delivering personal customer service that can't be beat.
Services
There aren't quite as many loan programs as there are borrowers, but it seems like it sometimes! We'll work with you to qualify you for the best loan program to fit your needs. But there are some general considerations you can have in mind in advance. Then your best option might be a low fixed-rate loan.
If you need to borrow money to pay off debts or make a major purchase, a home equity line of credit (HELOC) can be useful. A HELOC is a form of revolving credit secured by the equity in your home. This is an open ended loan that can be paid down or charged up for the term of the loan, much like a credit card.
Reverse mortgages (also called home equity conversion loans) enable homeowners to tap into their equity without selling their home. The lender pays you money based on the equity you've accrued in your home; you receive a lump sum, a monthly payment or a line of credit. Repayment is not necessary until the borrower sells the property, moves into a retirement community or passes away.
Taking out a second mortgage on your home used to carry some stigma with it - a sign that you were in financial trouble. But today, the ability to borrow money against your property is considered one of the biggest advantages of owning a home. A second mortgage is essentially a loan secured by your home or another piece of property with a first mortgage.
Ever heard the old rule of thumb, you should only refinance if your new interest rate is at least two points lower? That may have been true years ago, but with refinancing dropping in cost over the last few years, it's never the wrong time to think about a new loan! Refinancing has a number of benefits that often make it worth the up-front expenditure many times over.
Reviews (10)
Matt Ulrich
Jan 02, 2021
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My wife and I worked with Zac Colley to refinance our home. The experience was great. Zac was efficient, available, and easy to work with. He kept us up to date throughout the entire process and went above and beyond to follow through even afterwards. We were very impressed and would highly recommend him!!
Drew Allen
Dec 24, 2020
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I lost my job this year and we were curious about refinancing and asked Zac for some help and guidance. He delivered! We were able to refinance our mortgage, which due to changes in interest rates, saved us a few hundred dollars every month! And he was there to guide and answer questions every step of the way. Refinancing a home sounds like a hassle, but Zac made it a breeze. 10/10 would refinance again.
Abdias Dalisma
Nov 08, 2019
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Zac Colley of Newmeyer Mortgage was excellent in providing me with the best mortgage rate I can get. He made the mortgage process easy to understand. I am very happen with the quality of service I received. If you what great service when I comes to geting a mortgage loan go with Newmeyer and ask for Zac Colley.
Molly Colwell
Jul 03, 2019
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Zac Colley worked his butt off to get my husband and I into our first home! We were in a very stressful season of life: new town, new jobs, and a new baby (we closed on our home when our son was 2 months old). Zac was able to help us gather everything we needed to secure a mortgage and walked us through every step, including how to collect documentation from past employers, and how to navigate through the financial messiness of an unpaid maternity leave. We were turned down by several lenders, but Zac persisted until he found exactly what we needed! He was there for us when we had questions, and
Jonathan Romelus
Jun 25, 2019
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Andrea Vargas
Jun 10, 2019
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Purchasing a home can be very stressful and in my case very very stressful but i am grateful i had Zachary Colley to help me through the process. I had talked to several lenders prior to him and nobody could help me but Zac worked night and day on my file to make this deal happen. His knowledge and experience was put to the test and as a result i now own my home. His positive attitude also helped me get through those tough moments when i thought deal was going to fall apart, he always managed to keep me calm and find solutions to all the obstacles that came our way. i cant thank him enough! he
Jonathan Shaw
May 23, 2019
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Zachary was an amazing ally during our buying process! My wife and I bought our first home together this past November. After speaking with numerous lenders, and not feeling comfortable with the programs and interest rates being offered due to drastic changes in the market, Zachary was highly recommended to us by some close friends. He carefully listened to our desires, educated us on the process, and utilized his market expertise to help us lock in a great rate and program that no one else could offer! He also communicated effectively with the realtors and the title company to help the process
Conroy Smith
Nov 06, 2017
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Christine Sepulveda
May 05, 2017
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Zachary Colley totally made our experience of buying our first home! He was so fast and diligent. He was also very accessible and willing to answer all of our questions. I would recommend this Mortgage Service to everyone and anyone interested in selling or refinancing their home. I am so thankful for Zachary and all that he did so that we could make our dream a reality!
Robert King
Oct 11, 2015
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They seem to be nice people and they seem to be capable. I judge my experience only on one person that was assigned to me: Orlando Lorie. Nice guy but very disorganized and forgetful. Does not listen and likes to talk about himself. He ignored client confidentiality. And he made us lose the deal we were after.
