Mortgage broker in Miami, FL
Buying a home or condo, refinancing or tapping your equity in Miami? Gillors is a licensed Florida mortgage broker comparing options from multiple lenders, with a real person guiding you to closing.
- No credit check to start
- Compare options from multiple lenders
- A real person follows up
5.0 on Zillow · 18 reviews
Home loans for Miami buyers and homeowners
Miami is the heart of Miami-Dade County and one of the most international housing markets in the country, from the high-rises of Brickell and Downtown to single-family neighborhoods like Coconut Grove and Little Havana. About 460,000 people live in the city, and roughly 7 in 10 households rent, so many buyers here are making the move from renting to owning.
Condos make up a big share of what’s for sale, and Florida’s newer condo safety rules mean lenders look closely at a building’s inspections and reserves. Gillors compares loan options from multiple lenders and helps you spot financing issues before you make an offer.
Miami at a glance
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates.
Home purchase loans in Miami-Dade County, 2021–2025
Lenders made 17,929 home purchase loans in Miami-Dade County in 2025, about half as many as in 2021 and 8% fewer than in 2024. Higher rates and rising insurance costs have slowed sales, which can give buyers more time and room to negotiate.
Source: CFPB, Home Mortgage Disclosure Act (HMDA) data. Originated home purchase loans, Miami-Dade County, FL.
Average home purchase loan in Miami-Dade County
The average purchase loan in Miami-Dade grew from about $535,000 in 2021 to $673,000 in 2025, up roughly 26%.
Source: CFPB HMDA data. Average loan amount, originated home purchase loans, Miami-Dade County, FL.
How Miami-Dade borrowers financed their homes in 2025
Share of all home loans made in Miami-Dade County in 2025 (purchase and refinance), by loan type. Source: CFPB HMDA data.
Refinance loans in Miami-Dade County, 2021–2025
Refinancing dropped sharply after rates rose in 2022 and has been recovering since: lenders made 10,481 refinance loans in Miami-Dade in 2025, up 23% from 2024. If your rate is higher than today’s, it may be worth a look.
Source: CFPB HMDA data. Originated refinance and cash-out refinance loans, Miami-Dade County, FL.
What to know before buying in Miami
Condo financing
Since Florida’s 2022 condo safety law, buildings three stories and taller need milestone inspections and structural reserve studies. Lenders review these, along with the association’s budget and insurance, before approving a condo loan.
Florida homestead exemption
If it will be your main home, apply with the Miami-Dade Property Appraiser by March 1. The exemption can take up to $50,000 off the assessed value, and Save Our Homes limits yearly increases in assessed value to 3% or inflation, whichever is lower.
Closing costs in Florida
Buyers usually pay documentary stamp tax on the mortgage ($0.35 per $100 borrowed) and intangible tax (0.2% of the loan). In Miami-Dade, deed stamps for a single-family home are $0.60 per $100 and are often paid by the seller.
Insurance and flood zones
Lenders require homeowners insurance with wind coverage, plus flood insurance if the home is in a high-risk flood zone. Get quotes early, because premiums can change what you can afford.
Miami housing news
- Federal Plan to Elevate Miami Homes Meets SkepticismInside Climate News · Nov 4, 2026
- Ytech's 75 Broadway Tower Rises in Brickell, MiamiHoodline · Nov 4, 2026
- Miami Beach voters reject developer’s proposed $50M office expansionThe Business Journals · Nov 4, 2026
- Complimentary Resource for PROFILEMiami Readers: Is Your Insurance Broker Part of the Deal Team?PROFILEmiami · Nov 3, 2026
- Miami pre-construction in 2026: Why selectivity matters more than everSouth Florida Agent Magazine · Nov 3, 2026
Latest local headlines from Google News, updated automatically. Gillors is not affiliated with these publishers.
Questions about mortgages in Miami
How much do I need for a down payment in Miami?
It depends on the loan. Conventional loans can start at 3% down for qualified buyers, FHA loans at 3.5% and VA loans at 0% for eligible veterans. Condos can have extra requirements, so we check the building before you commit.
Can I get a loan on a condo that isn’t “warrantable”?
Often, yes, but it takes a different kind of loan. When a building doesn’t meet Fannie Mae or Freddie Mac rules, some lenders offer non-warrantable condo loans, usually with a larger down payment. We can check which lenders will finance a specific building.
Do you work with self-employed buyers?
Yes. Besides standard loans that use tax returns, some lenders offer bank-statement loans for self-employed borrowers. We compare what each lender requires so you can choose the best fit.
How long does it take to close on a home?
Most purchases close about 30 to 45 days after your offer is accepted. Condos can take a little longer while the lender reviews the building, so it helps to get pre-approved early.
Ready to buy or refinance in Miami?
Start with a few quick questions. There’s no credit check to start, and a real person follows up.
What homeowners say
Real reviews from homeowners who worked with Netta Li Fidderer, Senior Loan Officer at Gillors.
Highly recommend Netta Li! It was my first home and the first loan. Netta Li patiently and professionally guided me through the whole process, explaining every term, every detail. Netta Li is very good at communicating! She has always responded very quickly to my texts, emails and calls. …
This is our second deal with Netta Li and like last time she was great, patient and responsive every day, helped us go through the obstacles all the way to a successful deal. Thank you!
I highly recommend Netta Li Fidderer! She is extremely professional, patient, accommodating, and was able to explain the complicated details. I'm happy with the loan that I was able to get with good rates, thanks to her.
