Craig Garcia | Source | President at Capital Partners Mortgage
Craig Garcia
I have years of experience in mortgage lending and am dedicated to helping you find the perfect home loan. My extensive experience means that I have been through many types of housing markets, I understand many different products, and am well-equipped to guide you through any home loan situation. I specialize in assisting first time homebuyers through the mortgage process. I have the experience and the expertise to help you find a home loan that fits your lifestyle and budget. I also offer something different... a drive and desire to provide superb service to my customers so the home loan process is smooth and stress-free.
-
Capital Partners Mortgage
President
-
Pros And Cons Of Mortgage Prequalification | Bankrate
Here’s one important step to take before you start a home search.
Article
-
Mortgage Rate Forecast: Potential Drop in May 2025
Craig predicts a potential drop in mortgage rates due to a softening economy and improving inflation. He advises buyers to negotiate seller concessions and lock in rates early. Craig says, "The benefit is you remove your risk off of the transaction" if rates rise, ensuring loan approval remains intact. -
Florida Mortgage Market Faces Affordability and Insurance Challenges
Craig highlights affordability issues due to rising inventory and insurance costs, especially in condos. He notes, "Insurance has been a challenge," impacting mortgage payments. Financing is tackled through strategic partnerships and educational campaigns. Tariffs add uncertainty, affecting interest rates. Despite decreasing rates, high rates still dampen mortgage demand. -
HELOC Insights: Appraisals, Timing, and Eligibility Explained
Craig explains, "An appraisal is generally required, sometimes automated, sometimes traditional." He notes HELOCs are preferable if rates are expected to drop or for future credit needs, while HELOANs require immediate full fund usage. Approval typically takes 30 days, with eligibility being more stringent than first mortgages due to higher lender risk.
-
Sometimes buyers may have an unrealistic perception of payments on a particular home due to the way some of the information on mortgage payments may appear online. Having a strong knowledge of what the realistic payment is on a home can help buyers focus in on properties that realistically match their budgetary desires or constraints.
