Edgardo Balentine is originally from Colombia and spent some of his formative years in France. He came to Florida on a scholarship to play baseball and graduated from Ave Maria University in 2013. As a dedicated father and husband, he understands the importance of having a place to call home. Before joining the Primary Residential Mortgage team, Edgardo worked at large financial institutions such as Bank of America and BB&T.
Edgardo is fluent in English, Spanish, and French, and he uses his background and expertise to educate his clients while helping them achieve their home ownership goals. It all begins with an idea. Maybe you want to buy your first home. Maybe you want to save money or use equity by refinancing your current mortgage.
Edgardo is fluent in English, Spanish, and French, and he uses his background and expertise to educate his clients while helping them achieve their home ownership goals. It all begins with an idea. Maybe you want to buy your first home. Maybe you want to save money or use equity by refinancing your current mortgage.
Services
To qualify for a mortgage, lenders typically require that you have a debt-to-income ratio of "28/36." This means that no more than 28% of your total monthly income (from all sources, before taxes) can go toward housing, and no more than 36% of your monthly income can go toward your total monthly debt (including your mortgage payment).
Refinancing is the process of paying off your existing mortgage with a new mortgage. Typically, you refinance your mortgage to reduce your interest rate and monthly payment or change the length (or term) of your mortgage. You may also refinance to take cash out from your home's equity to pay off other debts, make home improvements, or for many other reasons.
As a rule of thumb, it may be harder to qualify for fixed-rate loans than for adjustable rate loans. When interest rates are low, fixed-rate loans are generally not that much more expensive than adjustable-rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan.
Interest rates are often lower on 15 year Loans so payments may only be slightly higher than longer amortization options. If your goal is to pay off your home as soon as possible this may be a great fit. As a rule of thumb, it may be harder to qualify for fixed-rate loans than for adjustable rate loans.
Most homeowners get into adjustable-rate mortgages for the lower initial payment, and then usually refinance the loan when the fixed period ends. At that time, the interest rate becomes variable, or adjustable, and the homeowner would likely refinance into another ARM, fixed rate, or sell the home outright.
Reviews (10)
Abhishek Jaiswal
Sep 28, 2021
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Life will surely teach you lesson before you will experience the good part of it , I have a bad experience falling from one scam to another until I read up a post about Mrs MICHELLE MILDRED, i was still in doubt kept seeing many testimony's of her good work so I was convinced and decided to give it a try and I gave in my last shot and invested $1000 for a start,she really played her own part of the deal as she promised me, now I have gotten my second withdrawal without paying for other charges fee like other account manager, If you are searching for an honest account manager, search no more and
Alex Rivera
Jan 18, 2021
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Annette Echeverria
Nov 07, 2020
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Edgardo and his team are simply AMAZING! He has been able to pre-qualify and approve my customers in less than 24 hours, meet with them, explain every step of the Loan process and give them all the advisory needed to make the best decision. Edgardo is very professional, efficient and knowledgeable. Without any doubt one of the best Loan Officers in SWFL.
Kimberley Menkhorst
Oct 30, 2020
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Edgardo SAVED my deal!!! My buyer had spoken with another lender who promised my buyer he could get him a super low interest rate on the terms he wanted ONLY to tell him AFTER we were under contract, OH yea that's not possible, Edgardo stepped in to SAVE THE DEAL! He closed the loan in SUCH a short time in order for us to close on time, walking the buyer through the entire process. The buyer told me he was SOO happy he switched to Edgardo. His team is always easy to work with- even my attorney's office wrote back saying "oh good we love working with Edgardo". I have been recommending Edgardo for
Eileen Ortegon
Oct 22, 2020
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We had a very good experience with the Balentine team! My husband and I have been treated fairly by their financial institution, very efficient team and they work very hard to help us make this possible! They prepared every single detail, and they'll go with you in every step, that make us feel valuable and very appreciated. Mr. Balentine went above and beyond we are really blessed to be help by them. Thanks a lot and highly recommended.
Jen Elio
Sep 21, 2020
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Edgardo and the whole team were efficient and so helpful in the loan process. I had many questions along the way that were answered either through text or email promptly. We were on a time crunch and had just over 30 days to close on our loan and they made it happen for us! I would highly recommend using this company and also highly recommend Edgardo.
Lisa Radlovacki
Sep 07, 2020
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Bradon B.
Jun 07, 2020
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I just purchased my first home a few months ago and decided to have Edgardo as my loan officer after being referred to him by a few colleagues. Being a first time homeowner can be confusing and stressful, especially if you're unaware of the process like I was.
I really appreciated working with Edgardo as he walked me through every step, and made everything very clear to me before signing anything. He always made himself available when I had questions, and being able to trust the loan officer you're working with goes a long way!
I strongly recommend anyone who's looking to purchase a home to consider
I really appreciated working with Edgardo as he walked me through every step, and made everything very clear to me before signing anything. He always made himself available when I had questions, and being able to trust the loan officer you're working with goes a long way!
I strongly recommend anyone who's looking to purchase a home to consider
Kathy Hawley
Nov 06, 2019
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Esther Flannery
Sep 29, 2019
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Excellent prompt service! Edgardo is working with our daughter for her first home purchase and so far we are extremely impressed with how responsive and helpful he has been. This is a holiday weekend as well as a hurricane warning alert and he’s has still made time for her! He has gone above and beyond in making sure everything she needs and all her questions are answered promptly. Thank you Edgardo, we will recommend you to our friends and family without hesitation!
