Mike Steele Loans I Shop Rates So You Don't Have To Looking for a Mortgage Broker in SW Florida? Here's Why Buyers Pick Me Mike Steele · SW Florida Mortgage Broker · NMLS #241787 If you're buying a home in Cape Coral, Fort Myers, or Naples, you've probably already noticed something: every lender says they've got the best rate. Your bank says it. The online guys say it. The billboard on Del Prado says it. So how are you supposed to know who's actually telling the truth? Here's the deal. I'm a mortgage broker, not a bank. That one difference changes everything about what you pay and how you're treated. Let me show you exactly what that means for your wallet, and why so many SW Florida buyers end up working with me. ✦✦✦ Broker vs. Bank: Why the Same Loan Costs You Less With Me We all sell the same money. Same VA, FHA, and conventional loans, backed by the same government programs and the same investors. The difference isn't the loan. It's what it costs you to get it. Let me show you with real numbers. 📊 Side By Side Same Loan. Same Buyer. Two Very Different Outcomes. Example: $350,000 purchase, 20% down ($70,000), $280,000 loan, 30-year fixed. Me (Broker) Big Bank (Large Lender) Interest Rate 6.25% 6.50% Lender Fees $0 $1,500+ Monthly Payment (principal & interest) $1,724 $1,770 You Save $1,500+ at closing  ·  ~$46/mo  ·  ~$16,560 over the life of the loan Example for illustration only. Payments are principal and interest, not including taxes, insurance, or HOA. Rates shown are sample figures, not an offer or a guarantee, and change daily. Actual rate and terms depend on your full financial profile and credit approval. ✦✦✦ Why Am I Cheaper for the Exact Same Loan? Simple. A bank only has its own rate sheet. One menu, one price, take it or leave it. And they've got branches, buildings, and a whole lot of overhead to pay for. Guess who covers that? You do, through a higher rate and extra fees. I work the other way. I shop your loan across a bunch of national wholesale lenders and bring back the best one for your situation. Less overhead, more competition for your business, and that savings lands in your pocket instead of paying for a corner office. My rates typically run about a quarter point under the big lenders for the same loan type. That's not a sales line. That's just the math of less overhead. ✓ No lender fees. That's $1,500+ I'm not charging that the bank usually does. ✓ Lower rate. Usually about .25% under the big lenders on the same VA, FHA, or conventional loan. ✓ Cheaper mortgage insurance. In a lot of cases I can land lower MI than the bank quotes. ✓ More approval options. Working straight with wholesale lenders means more programs and more ways to get a tricky file to yes — whether that's an FHA loan, a VA loan, or conventional. ✓ On time to the table. I shop lenders who actually close when they say they will. Your deal doesn't slip. ✦✦✦ A Mortgage Broker Who Actually Knows SW Florida Buying in SW Florida isn't like buying anywhere else, and a call-center lender three states away won't know the difference. I do, because I live and work right here. A few things that catch buyers off guard here, and that I'll walk you through before they become a problem: 🌴 Flood insurance. A lot of Cape Coral homes need it, and it can add real money to your monthly payment. I'll make sure it's in your numbers from day one, not a surprise at closing. 🌴 Property taxes & homestead. Florida's got no income tax, but Lee and Collier county property taxes still matter. Your homestead exemption can knock down what you owe on a primary residence. Here's my full breakdown of Florida property taxes. 🌴 HOA & CDD fees. Common in SW Florida communities, and they affect how much home you qualify for. I factor them in so your pre-approval actually holds up. Bottom line: same loan, lower rate, no lender fees, and a local broker who knows the SW Florida quirks that trip buyers up. That's money saved on day one and every month after. ✦✦✦ What It's Actually Like to Work With Me You call, I pick up. Nights and weekends too. You'll deal with me the whole way through, not a 1-800 number and a different person every time you check in. I'll explain everything in plain English, tell you what you actually qualify for, and never push you into something that doesn't fit. Don't just take my word for it. Check out my 5-star reviews on Google from buyers right here in SW Florida. Then let's talk about your situation. Everything You Need Is on My Site Head to MikeSteeleLoans.com. Run your numbers on the mortgage calculator, check today's rates, and apply online in a few minutes. It all comes straight to me. ✓ Apply online   ✓ Mortgage calculator   ✓ Live rate page ✓ VA, FHA, Conventional & Jumbo   ✓ 5-star Google reviews 📱 Let's See What You Can Save Whether you're just starting to look or ready to make an offer, one quick call costs you nothing and could save you thousands. Call or text anytime, I'll pick up. (239) 571-6943 Mike Steele · SW Florida Mortgage Broker Mike Steele NMLS #241787 · Edge Home Finance LLC, NMLS #891464 (239) 571-6943 · MikeSteeleLoans.com Equal Housing Lender. This is for general information only, not a commitment to lend or an offer of credit. Rates and terms shown are sample figures for illustration, are not guaranteed, and are subject to change without notice. All loans subject to credit approval. ⭐⭐⭐⭐⭐ 5-Star Google Reviews