Welcome to the official site of Lotus Lending Group, LLC. We are a full-service mortgage company based in Birmingham, AL and Destin, FL. We specialize in Conventional, Non-QM, FHA loans, VA loans, USDA loans, Refinancing, and First Time Home Loans in Alabama, Florida, and we also serve the great state of Louisiana.
Whether you are buying a home or refinancing in Alabama, Florida, and Louisiana, we can help you realize your dream of homeownership or save you money when your refinance your home loan. We offer a wide range of refinance options, designed to best meet the needs of local borrowers. If you're looking for cash out, or to just get a better rate and term, we can assist you.
Whether you are buying a home or refinancing in Alabama, Florida, and Louisiana, we can help you realize your dream of homeownership or save you money when your refinance your home loan. We offer a wide range of refinance options, designed to best meet the needs of local borrowers. If you're looking for cash out, or to just get a better rate and term, we can assist you.
Services
Lotus Lending Group LLC is an equal housing opportunity mortgage brokerage dedicated to serving the great states of Alabama, Louisiana, and Florida. Like the lotus flower, our team has bloomed overnight in what seems in the most unlikely of places. In just two short years, we have opened our business to serving the wonderful people of Alabama, Florida, and Louisana.
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. 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.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes.
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.
Reviews
Be the first to review Lotus Lending Group.
Write a Review
