Trusted Mortgage Lender in Florida

Customized home loans tailored for Florida buyers, with local service and national strength. 

Born in New England, Built to Serve Florida

Are you searching for a dedicated team of professional mortgage lenders who genuinely care about their customers and are committed to providing a seamless, worry-free experience? Then look no further than NewFed Mortgage Corp.! As a trusted mortgage lender in Florida, we truly believe in the success of our customers and want you to secure a mortgage that works in your favor. That is why we make it our principal priority to address your every need as we guide you through the home buying or refinancing process. Our motto is “mortgages for every stage of your life,” so if you’re a Florida resident – be it from Miami, Orlando, Tampa, Jacksonville, or the Panhandle – who’s searching for a first-rate mortgage lender to help you secure a home loan or refinance an existing property, then let our experts at NewFed Mortgage Corp. assist you! We’re here to guide you through the various mortgage property types, explain what refinancing means, and clear up any confusion surrounding reverse mortgages.

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Danvers Branch

Reading Branch

North Andover Branch

Oldsmar Branch

Oldsmar Branch

Florida Mortgage & Housing Market Insights

Median Home Price

The average home value in Florida is $389,400, reflecting a 3.2% decrease over the past year. Explore loan options to finance your future, talk with our loan officers today.

Affordability Index

In the Miami-Fort Lauderdale metro area, typical homebuyers are now spending 44% of their household income on mortgage payments, up from about 30% between 2005 and 2021. This indicates that housing affordability remains a significant challenge in Florida.

Financed Property Types

The most commonly financed property types in Florida continue to be single-family and multi-family homes. NewFed Mortgage provides flexible loan options for a variety of homes.

Florida at a Glance

Population

22,244,823

Average Household Income

$88,267

Ranked #3 for Education in the nation

Top 3 Industries: Tourism, Agriculture, Aerospace

Mortgage Options for Florida Homebuyers

Conventional Loans

Best for people with steady income and good credit who want low-interest rates.

VA Loans

A top choice for veterans, active military, and their families to buy a home with no down payment.

USDA Loans

Best for people buying a home in the country, with no down payment and low costs.

Renovation Loans

Helps buyers fix up a home while buying it, all in one loan.

Reverse Mortgages

A good choice for older homeowners who want to get money from their home without selling it.

Non-Conventional Loans

A good option for people who don’t qualify for regular home loans but need a special loan.

Jumbo Loans

Great for buying high-priced homes that need a bigger loan than usual.

HELOC Loans

Lets homeowners use the value of their home to get money for projects or bills.

FHA Loans

A smart pick for first-time homebuyers or people with lower credit who need a small down payment.

Mortgage Pricing & Affordability Calculators

Crunch some numbers to see what options you may have. These calculators are a great way to start exploring your possibilities. To get a true loan estimate, reach out to one of our mortgage loan officers! We will get you pre-approved and shopping with confidence. 

Five Things to Know When Starting the Homebuying Process

Just getting started on your homebuying journey? Our free guide, 5 Things to Know When Starting the Homebuying Process, is packed with expert tips to help you feel confident and prepared from day one. Learn how to get pre-approved, understand hidden costs, act fast in competitive markets, and more. Download your copy today and take the first step toward smart, stress-free homeownership with NewFed Mortgage by your side.

Why More Florida Buyers Choose NewFed Mortgage

  • Fast closings (39% faster than industry average)
  • Local loan officers
  • Modern (and mobile-friendly) tech + personal support
  • 20+ years of local mortgage lending

What Our Clients Say About Us