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

NewFed Mortgage Corp. is an excellent option for those looking to secure a mortgage in Florida. As a trusted mortgage lender in Florida, their team of experienced mortgage professionals is dedicated to helping clients find the right mortgage product for their unique financial situation. They offer a wide range of mortgage products, including conventional, FHA, VA, and USDA loans, as well as refinancing options. With a focus on transparency and communication, NewFed Mortgage Corp. ensures that their clients are informed and involved throughout the mortgage process. Florida can be a complex state for purchasing a home, with unique considerations such as hurricane insurance and coastal flood zones, but as a top mortgage lender in Florida, NewFed Mortgage Corp. has the expertise to navigate these challenges and make the process as smooth and stress-free as possible. Whether you are a first-time homebuyer or looking to refinance your existing mortgage, NewFed Mortgage Corp. offers competitive rates and exceptional customer service.

Florida is a diverse state with a wide range of cities and towns, each offering unique lifestyles and attractions. Miami, one of the state’s largest cities, is known for its vibrant nightlife, beautiful beaches, and rich cultural scene. Other major urban centers include Orlando, home to world-famous theme parks, and Tampa, which boasts a thriving business district and waterfront attractions. 

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Danvers Branch

Reading Branch

North Andover Branch

Oldsmar Branch

Oldsmar Branch

Florida Mortgage & Housing Market Insights

Median Household Income

According to the U.S. Census Bureau, the median household income in Florida is $99,858. Don't let that deter you from exploring financing. We have several programs that can help you save.

Median Home Price

Zillow reports that the average home value in Florida is $628,654, reflecting a 5.1% increase over the past year.

Affordability Index

Research indicates that the median household income as a percentage of home value is 15%. While this suggests that housing affordability is a significant challenge here, we can help!

Financed Property Types

The most commonly financed property types in Florida continues to be single-family and multi-family 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.

Ask Us About MassHousing

Partnered with MassHousing, we can offer eligible homebuyers additional savings on their home purchase. Speak to one of our Florida loan officers to learn more and discuss your eligibility.

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 across the state
  • Modern (and mobile-friendly) tech + personal support
  • 20+ years of local mortgage lending
  • Family-owned, Chelsea-based roots
  • Named A Top Place to Work by The Boston Globe (2024)

What Our Clients Say About Us