After a short hiatus, we’re back with more information for those looking for a home loan.  This time, we’re focusing on the best home loans in Florida. We at Peak Personal Finance know that for most people, a home is the largest single investment you’ll make in your life time.  So being sure to get the best deal is important.

For these best home mortgage rates, we’ll be assuming a home value of the average for your area, up to 20% down, cash available for any fees, and a credit score of 700 or better (FICO).  Rates will be ranked by annual percentage rate (APR) and points and other details will be listed.

30-Year Fixed Rate Best Home Mortgage Rates in Florida
For this most popular term, rates are lowest right now at Integrity Home Loan with a 5.029% or 5.181% APR. The first is at 1.0 points while the second is with no points. Both have a 30-day lock option for pre-approvals.

Bank of America also offers a 5.498% APR with 1.75 points. This rate is good down to 680 FICO.

15-Year Fixed Rate Best Mortgage Rates in Florida
The lineup is the same for these best home loans in Florida. Integrity Home Loan has a 4.57% and 4.598% APR with 0 points and 1.0 points respectively. The second assumes a down payment of less than 10%.

Bank of America again shows, thsi time with 4.635% APR and 0.875 points. This rate is also good down to 680 FICO.

5/1 Adjustable Rate Best Mortgage Rates in Florida
For those that can benefit from an ARM loan, Integrity Home Loan offers a 3.469% APR with 1 point, 3.475% APR with no points, and 3.482% APR with no points and higher closing costs.

Make sure to talk to your financial adviser and look at local options before purchase. The numbers here are illustrative only and your personal situation will likely change them.