Mortgage Rates — National AveragesLive at page view
National averages — for illustration only, not a rate quote. Your rate depends on credit, loan, and property.
Last updated: October 28, 2026 · Sources: Freddie Mac Primary Mortgage Market Survey (Oct 22, 2026) & MBA Weekly Survey (Oct 9, 2026).
See how much you can afford, or how much you can save, for FREE. One local Miami broker shops 130+ lender partners for you — purchase, refinance, investor and specialty loans.
Simple by design
Comfortable, clear, and at your pace. Most clients start and finish their application from their phone.
Fill out the quick free-quote form below or call 305-962-1170. Buying, refinancing, tapping equity, or investing — Jorge reviews your numbers personally.
Start your secure application through our Blink portal, upload documents from your phone, and we'll match you with the right program and lender.
We keep you and your Realtor updated at every milestone — appraisal, approval, clear to close — until the keys (or the savings) are in your hand.
Loan programs
All the programs from our full site — simplified. Not sure which fits? That's exactly what the free quote is for.
The classic, predictable payment. 10, 15, 20, 30 and 40-year fixed terms for well-qualified buyers.
Purchase & RefiJust 3.5% down with flexible credit guidelines — a favorite for first-time and returning buyers.
3.5% DownFor veterans, active-duty service members and eligible spouses — often 0% down with no monthly PMI.
0% Down for EligibleFinancing above conforming limits for Miami's higher-priced homes and condos, with competitive terms.
High-Value HomesHybrid ARMs — 3/1, 5/1, 7/1 and 10/1 — with a lower fixed rate up front for shorter horizons.
Lower Initial RateLower your rate or payment, shorten your term, or go cash-out — with a free savings check first.
Free Savings CheckPut your equity to work — renovations, consolidation or major goals — while keeping your first mortgage intact.
Use Your EquityFor homeowners 62+ (proprietary options from 55+) — access equity with no required monthly mortgage payment.
Ages 62+ / 55+Build or major-renovate with financing structured around your project and draw schedule.
Build & RenovateState and local assistance programs that can help cover your down payment and closing costs — so a smaller savings account doesn't have to delay your purchase. Eligibility and funding vary by program.
Help With Upfront CostsRewards for the people who serve our communities — firefighters, EMS, law enforcement, military members and veterans, healthcare workers and teachers. Ask Jorge how the savings apply to your loan.
For Community HeroesRun the numbers
Two quick tools, straight answers. Play with the numbers here — then let Jorge run your real ones, free.
You could aim for a home around
Guide only: uses the conservative 28/36 rule (housing ≤ 28% of gross income; housing + debts ≤ 36%), an illustrative 7.25% / 30-yr rate, and estimated taxes & insurance of about 1.6% of the price per year. Many programs allow more — Jorge will check your real numbers.
Side by side · over 7 years
Rent builds no equity — every dollar is gone.
Estimates only — not tax advice; consult a tax professional. Not a qualification, rate quote, or commitment to lend. Selling costs, investment returns on a down payment, and renter's insurance are not included.
Send yourself the next step: leave your details and Jorge will reply with your personalized payment and affordability run-down.
Got it — tap below to deliver your details and calculator numbers to Jorge.
Send My Request to JorgeCalculator results are estimates for planning only — not a qualification, pre-approval, rate quote, or commitment to lend. Taxes, insurance and HOA costs vary by property.
Where NEWLOANCO stands out
Self-employed, investing, buying from abroad, or eyeing a tricky condo building? These are our home turf.
Qualify on the property's rental income — not your tax returns. Built for Miami investors.
For business owners and freelancers: qualify with bank statements or 1099s instead of tax returns.
Programs for international buyers and ITIN holders purchasing in South Florida.
Financing for condos that don't meet standard agency rules — a real Miami specialty.
Low-down-payment options plus assistance programs, including Florida Hometown Heroes and Homes for Heroes.
Meet your broker
We're committed to quality customer service — putting the people we serve first. As a broker (not a single bank), Jorge works for you: one application, shopped across 130+ lender partners to find your best fit — every option explained in plain language, and Jorge stays on your file from first call to closing day.
Proudly serving: Miami · Brickell · Palmetto Bay · Coral Gables · Pinecrest · Cutler Bay · Homestead · Key Biscayne · Coconut Grove · South Miami · Miami Shores · North Miami · North Miami Beach · the Florida Keys · Miami Beach · Kendall · Doral · Hialeah — and buyers across Florida.
Client reviews
Our Google reviews will appear here at launch. Worked with Jorge on a purchase, refinance or investment loan? A quick Google review helps the next Miami family find the same straight answers and personal service.
Review us on GoogleWhere we work
Local knowledge matters — condo rules, insurance, flood zones and taxes change street by street. These are the communities we serve every week.
Established luxury homes, top-rated schools and generous lots — jumbo and conventional financing for one of Miami-Dade's premier villages.
Family neighborhoods with real value — a sweet spot for first-time buyers, FHA loans and down payment assistance.
New construction, growing communities and some of the county's most attainable price points — plus USDA-eligible pockets nearby.
Island living minutes from Brickell — condos and waterfront homes where jumbo loans and condo expertise make the difference.
Miami's oldest neighborhood — historic homes, banyan-lined streets and a condo market that rewards a broker who knows every building.
A walkable hometown downtown next to the University of Miami — tree-lined streets, classic Coral Gables–adjacent homes and strong demand from medical and university buyers.
A quiet village of broad, oak-shaded streets just north of downtown — historic homes, bayfront streets and a small-town feel minutes from the Design District.
Diverse, fast-growing neighborhoods between Miami and the beaches — single-family value, condo options and first-time buyer opportunities near FIU's Biscayne Bay campus.
From garden-style neighborhoods to waterfront condos near Sunny Isles — an investor and condo market where local financing expertise pays off.
Key Largo, Islamorada, Marathon, Big Pine Key and Key West — second homes, waterfront properties and investment homes, with financing that understands island insurance and flood requirements.
Miami & Brickell, Palmetto Bay, Coral Gables, Miami Beach, Kendall, Doral and Hialeah — and buyers anywhere in Florida.
Plan your numbers
Closing costs surprise more buyers than the price does. Tell us about the purchase and Jorge will prepare a personalized estimate of what you'll actually need at the closing table.
This is a planning estimate, not a Loan Estimate or a commitment to lend. Your official Loan Estimate arrives within three business days of a completed application, and final figures are confirmed on your Closing Disclosure.
Tap below to deliver your request to Jorge by email, and he'll prepare your personalized closing cost estimate.
Send My Request to Jorge Get a Free Quote Too
For realtor partners
You're showing homes this weekend; your buyer needs a letter today. Fill in what your candidate told you, and this page generates a clean pre-qualification letter on NEWLOANCO letterhead you can print or save as a PDF for your file. One tap on "Send Copy to Jorge" delivers the letter details straight to Jorge for the candidate's file, so follow-up starts the moment you submit — and when your buyers need help with down payment assistance, Florida Hometown Heroes or Homes for Heroes, that's our specialty.
Your pre-qualification letter has been generated below. Tap "Send Copy to Jorge" to deliver the letter details to Jorge for the candidate's file.
Send Copy to Jorge
For partners
Refer your clients to a broker who treats them like you would — and get business back: pre-approved buyers for your listings, listing referrals, and cross-referrals to your practice. Create your free partner account once, then use the tools below any time. Jorge sees every request on your account and keeps you posted on each client you send.
Jorge personally works every referral — fast answers, real numbers, and the same care you'd give them yourself.
Co-branded status updates on each client you send — where they are, what's next, and when they close.
Pre-approved buyers for your listings, listing referrals when a valuation turns into a sale, and cross-referrals to your practice when Jorge's clients need your expertise.
Your partner account and every tool on this page are free — for you and for your clients.
Register once — this becomes your account of record with Jorge, so every referral, letter and valuation you send is credited to you and tracked for updates. No password to manage; Jorge keeps your account on file.
Jorge has your partner account on file. Use any tool below to refer a client, request a letter, or book time — you'll get status updates on everything you send. One last tap delivers your registration to Jorge:
Send My Registration to JorgeEvery tool captures straight to Jorge with your name on it — Jorge sees this activity on your partner account.
Your client needs a letter today? Fill in what they told you and this page generates the same NEWLOANCO pre-qualification letter — ready to print or save as a PDF, credited to your partner account.
Your pre-qualification letter has been generated below — and Jorge sees this activity on your partner account. Tap "Send Copy to Jorge" to deliver the letter details to Jorge for the client's file.
Send Copy to Jorge
Send your client straight to Jorge's desk. They enter Jorge's follow-up system right away — with you credited as the referring partner and status updates headed your way.
Your client enters Jorge's follow-up system right away, with you credited as the referring partner — and Jorge sees this activity on your partner account. One last tap delivers the referral details:
Send Referral to JorgeFifteen minutes with Jorge — the referral process, co-marketing, or a specific client scenario you're working on.
Jorge is notified immediately of your booking — a confirmation text and email are on the way, and the call goes on his calendar. Jorge sees this activity on your partner account. One last tap delivers your booking details:
Send Booking to JorgeGet a real valuation from Jorge's lender-grade tools — not a guess. Jorge runs it and sends it back personally. And if the owner decides to sell, that valuation can become a listing referral for a partner realtor.
Jorge runs the valuation with his lender-grade tools and sends it back personally — and if the owner decides to sell, Jorge can connect them with a trusted partner realtor. Jorge sees this activity on your partner account. One last tap delivers the request:
Send Request to JorgeRun live numbers with your client on the spot — monthly payment, how much home they can afford, and rent vs. buy with the tax picture included. Then send the results to Jorge for a personal follow-up.
Open the CalculatorsFrom the blog
Fresh posts on mortgages and rates, paying down debt, buying and selling, home improvements that pay back, investing, and classy local life in the neighborhoods we serve. Start with these recent favorites:
Teachers, nurses, first responders, veterans and other community heroes may qualify for down payment and closing cost assistance — here's how the programs work and how they combine with seller credits and rate buydowns.
A temporary buydown or the right assistance program can rescue a thin-down-payment deal and make your buyer's offer the strongest one on the table — no price cut required.
Farmers markets, bayfront parks and the quiet-luxury corners of Coconut Grove and Pinecrest — the lifestyle your buyers are really purchasing, and what it costs to live it.
Where rents support the payment, DSCR financing lets investors qualify on the property instead of their tax returns. A look at two South Dade markets drawing attention.
Impact windows, kitchens and outdoor living top the list in our market. Before you renovate to sell in Key Biscayne or the Gables, spend where appraisers and buyers notice.
Paydown order, utilization timing and the quick wins that move a mortgage credit score most — the same plan we walk through with buyers six months before they shop.
New posts are added regularly — and Jorge's client emails point readers to the latest one. Or start a conversation any time: get your free quote.
Already started with us?
If Jorge has asked you to pay for your credit pull, use our secure SmartPay link. It takes about a minute and goes straight to your file.
Plain answers
Look for a licensed, local broker who shops 130+ lender partners instead of selling one bank's products. NEWLOANCO — led by Jorge R. Regalado (NMLS #1243458) from our Brickell office — does exactly that, with deep experience in Miami condos, investor loans and specialty programs.
Less than most people think: FHA is 3.5% down, VA can be 0% down for eligible borrowers, some conventional and first-time buyer programs start at 3%, and assistance programs like Florida Hometown Heroes can help with down payment and closing costs if you qualify.
Often, yes. FHA guidelines are flexible, and many files at 620 work well when income and payment history are solid. Jorge will look at your full picture and give you a straight answer — plus a plan if you need to raise your score first.
Yes — DSCR loans qualify on the property's rent rather than your personal income, and we pair them with bank statement and 1099 programs for self-employed investors.
Yes. Our foreign national and ITIN programs are built for international buyers and non-citizen residents purchasing primary, second or investment homes in South Florida.
With a complete application and documents ready up front, many files close in about 21–30 days. Starting early — and responding quickly to document requests — is the best way to hit your contract date.
Yes — all of them, every week. Pinecrest, Cutler Bay, Homestead, Key Biscayne, Coconut Grove, South Miami, Miami Shores, North Miami and North Miami Beach, plus the Florida Keys — on top of Miami, Brickell, Palmetto Bay, Coral Gables, Miami Beach, Kendall, Doral and Hialeah.
Use the free closing cost estimate request on this page. Share the price, property type and location, and Jorge prepares a personalized estimate of lender fees, title and escrow, prepaids and recording charges. It's a planning estimate — not a Loan Estimate or a commitment to lend.
Florida Hometown Heroes assists eligible community-serving professionals with down payment and closing costs. Homes for Heroes rewards firefighters, EMS, law enforcement, military, healthcare workers and teachers. Other down payment assistance programs can help eligible buyers cover upfront costs. Availability, eligibility and funding vary — ask Jorge what fits your file.
Use the Free Pre-Qualification form in the Realtor Partners section. Enter what your candidate told you verbally and the page generates a printable letter on NEWLOANCO letterhead; one tap sends the letter details to Jorge for the candidate's file. It's a pre-qualification based on unverified verbal information — not a pre-approval.
Use the For Partners section. Create your free partner account once — Realtors, CPAs and accountants, attorneys, wealth advisors and financial planners, insurance agents, title agents and brokers are all welcome — then refer clients, request pre-qualification letters, run instant numbers live with a client, book a partner consultation, or request a home valuation. Jorge tracks every request on your partner account and sends you status updates — and business flows back: pre-approved buyers for your listings, listing referrals, and cross-referrals to your practice.
Free · No obligation
See how much you can afford — or how much you can save. Tell us a little about your goal and Jorge will reach out personally with your numbers.
Prefer to talk now? Call or text 305-962-1170 or email jr@newloanco.com.
Your request is ready to send to Jorge. Tap below to deliver it by email, or start your secure application right now — either way, expect a personal reply shortly.
Send My Request to Jorge Apply Now
Prefer to talk? Call 305-962-1170.
Re: Pre-Qualification —
Pending review of all items requestedDear ,
Based on information provided verbally by the candidate and not yet verified, appears pre-qualified to purchase a home in the area at a purchase price of up to , with an estimated down payment of .
Information reviewed (as stated verbally): estimated annual income of , estimated monthly debts of , and a credit score range of . Program interest: .
Pre-qualification only — not a pre-approval or commitment to lend. Subject to verification of income, assets, credit, employment, and property appraisal. This letter is based solely on unverified verbal information and does not constitute a loan application review, a credit decision, or a guarantee of financing. Final approval requires a completed application and full underwriting.
This pre-qualification is valid for 60 days from the date above, provided there is no material change in the candidate's financial circumstances.
Thank you for partnering with NEWLOANCO. Please send a copy of this letter to my office for the candidate's file, and I will personally follow up to complete verification.
Sincerely,
Jorge R. Regalado
Mortgage Broker, NMLS #1243458
NEWLOANCO, NMLS #1369124 · 305-962-1170
Equal Housing Opportunity. NEWLOANCO is licensed in Florida. Verify licensing at nmlsconsumeraccess.org. This letter was generated from information provided verbally by the candidate via their realtor and is pending review of all items requested.
To keep this letter for your file, print this view from your browser (or choose "Save as PDF" in the print dialog) — the page prints the letter only.