In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Michael Flegel, P.A.'s
Homes to go Team
Keller Williams Realty Partners SW
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Pembroke Pines, FL. 33028
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The Homes to go Team of Keller Williams Realty Partners SW is a team of real estate consultants dedicated to making your real estate experience positive, painless and profitable. The Homes to go Team services Pembroke Pines ( a suburb of Fort Lauderdale and Miami) and the surrounding communities in Broward County of South Florida. Founders David Dangler and Michael Flegel, P.A. have drawn on their past experience in real estate, customer service and marketing to develop a team concept approach focused on achieving your real estate goals. Michael as Team Leader brings a strong background in service from the retail and restaurant industries as well as interior design experience. To assist homeowners in today's challenging market, Michael has obtained the "Certified Distressed Property Expert" certification. This heralds his training in the latest facets of the Short Sale options facing many sellers today. David represents his family’s third generation in real estate and with his decades of marketing and design experience, provides a fresh approach as Marketing Director. Together they have assembled a team of agents with one goal – your success! "Thank you for remembering the Homes to go Team the next time you hear of someone thinking about buying or selling a home."

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