Are you getting a good deal on your Mortgage?
Spend minutes, Save thousands!
ABOUT OUR COMPANY
Low Rates and Low Fees with Great Service
At PAX Mortgage, we're here to deliver your home loan on your terms with top-notch service and lower rates.
Get full approval in one business day
Enjoy rates and fees typically lower than other lenders
Faster than banks.
High tech and high touch process.
WHAT WE OFFER
Find your Loan Product
Getting the right loan should be easy. With great rates and personalized options, we ensure a seamless experience.
CONVENTIONAL LOANS
The most popular home loan in America. Get pre-Approved to purchase a home with as low as 3% for first time homebuyers and only 5% down for everyone else (Single Family).
AI-powered technology to speed up the process and reduce costs for you.
2025 Max Loan Amount Single Family $806,500 | Duplex $1,032,650 | Triplex $1,248,150 | Fourplex $1,551,250 (2-4 unit owner occupied 5% down).
Rates & fees typically lower than other lenders - close as soon as 10 days
VA LOANS
When we say "Thank you for Serving" we mean it, by offering lower rates and lower fees than the big VA lenders.
Get a quote from us, you won't be sorry.
Check your eligibility today
Fast VA loan Approval
Close in as little as 10 days.
DSCR RENTAL LOANS
Debt Service Coverage Ratio (DSCR) - Use your investment property's rental income
No tax returns or W2's needed
Financing on Rented or Vacant Investor 1-4 unit properties and condos
Financing on Short Term Rentals
Close in your name(s) or an Entity
Bank Statement Self Employed Business Owners
Purchase or Refinance your home based on your personal or business bank statements
No Tax Returns or W2's needed
Qualify for a higher loan amount
Easier qualification and very fast Approval
Close in as fast as 10 days
DIGITAL HOME EQUITY
Quickly turn your home equity into cash by tapping into your property's value.
Loan amounts from $50,000 to $500,000
10, 20 and 30 year term options.
Lower rates than most credit cards and personal loans
Complete process 100% online
BANK STATEMENT LOANS
Get approved for a home loan with bank statements - perfect for Self Employed Business Owners.
Purchase, refinance or take cash out.
No tax returns or W2s needed.
Use business or personal bank statements.
Easy to qualify.
Refinancing into a higher mortgage rate may make business sense for you if your total monthly payments decrease and you can pay down your mortgage faster.
Total household debt, blended rate analysis.
Self employed business owner options
More loan types to help you qualify.
Access your cash in as little as 10 days
Frequently Asked Questions
How to Maximize Mortgage Savings When Purchasing or Refinancing your Home?
Comparing mortgage deals is more than just looking at the interest rate. To get the best mortgage deal, you need to evaluate:
✅ The interest rate offered by each lender.
✅Discount points or lender credits tied to that rate.
✅Total origination charges for that rate.
It is much easier to just compare the same interest rate, so if one lender gives you 5.875% and one gives you 6.25% - you still need more info to see who is cheaper. Ask them to quote a specific percentage rate - then compare discount points and origination charges (and lender credits, if applicable).
How Much Can a Good Mortgage Deal Save You?
Thousands! Mortgage savings happen in two ways:
✅Upfront savings – Lower fees and origination costs at closing.
✅Long-term savings – Lower interest rates reduce monthly payments and increase equity paydown. Even a small difference in interest rate can add up to a lot of money over time.
Lender-Paid vs. Borrower-Paid Compensation: What’s the Difference?
When comparing mortgage and refinance loan offers, it's crucial to understand lender-paid vs. borrower-paid compensation, as it directly impacts your interest rate and closing costs.
✅ Lender-Paid Compensation – The loan officer’s fee is built into the interest rate and paid by the lender. This means you may have a slightly higher rate but avoid additional upfront fees.
✅ Borrower-Paid Compensation – The borrower pays the loan officer’s fee through an origination charge, often in exchange for a lower interest rate. However, this increases your closing costs or reduces your cash-out refinance proceeds.
While there are legitimate reasons to use borrower-paid compensation in structuring a loan – often times it is used just to compete and show a lower rate, but in reality, you’re paying for that lower rate upfront, similar to discount points.
Do You Need a Loan Estimate to Shop for the Best Mortgage or Refinance Deal?
No, lenders are only required to send a Loan Estimate after you’ve submitted a loan application for the initial underwriting Approval. However, you can still effectively shop for the best mortgage purchase or refinance deal without one.
What if I have a loan estimate?
The most important section to focus on pricing in the loan estimate is Section A. This will have loan origination costs including discount points and any borrower paid compensation. And any lender credits will be in Section J. You won't need a loan estimate from all lenders, just take the one you have and write in where the other lenders are on each line item in section A. You will make it much easier on yourself to shop if you compare the same percentage rates. If one lender quotes 5.875% and another lender quotes 6.125% - just ask them both for a quote on 5.875% for example.
How Does an Appraisal Transfer Work in the Mortgage Process?
An appraisal transfer allows you to switch mortgage lenders without ordering a new appraisal, helping you save time and avoid delays in your home purchase or refinance. Since appraisals typically take around 7 business days, they can be one of the longest parts of the mortgage underwriting process. If you find a significantly better mortgage deal while in process with your current lender, you can ask the new lender if they accept your appraisal. This allows you to move forward without the delay of waiting for a new appraisal, keeping your home purchase or refinance on track.
Will an APR quote simplify my mortgage shopping?
No, not really. APR will be useful when comparing the same percentage rate only, but this would be obvious to you just by looking at the competing origination charges. APR will not be effective at comparing a 5.5% rate to a 6.0% rate for example. And not all lenders even calculate APR with the same methodology. APR is designed to show you your costs over the entire term of the loan while you may sell or refinance well before then.
Who qualifies as a first time homebuyer (FTHB) and what are the benefits?
Anyone who has not owned a residential property in the previous 36 months qualifies. And many lenders only require that one of the buyers qualifies. The benefits vary by lenders and any special programs they may be running at the time. But one big benefit is that for a Conventional loan from Fannie Mae or Freddie Mac, the borrower can put down as little as 3% vs 5% minimum down payment for everyone else.
How does a Processing fee work and do all lenders charge one?
A processing fee is simply a fee to process the mortgage and ranges in costs from approximately $500 to $1,400 -and usually on the higher end of this range. Some mortgage brokers and loan officers "self process" and do not charge this fee but the vast majority of lenders do.
Can you save money on title insurance costs?
In Florida, title insurance premiums are regulated (and rates publicly available - promulgated) and will be the same at every title company. The closing costs a title insurance closing agent charges may vary by up to no more than a few hundred dollars. And if you are refinancing and you already paid for title insurance when you bought the house, you should receive a re-issue credit which is a discount of approximately 30%.
What is the most important factor in a pre-Approval?
Verifiable INCOME is the most important factor in a pre-Approval because the standard requirement is for 2 years of continuous income. And we have potential short term solutions for a FICO score boost to get better pricing or closing costs/down payment assistance programs.
How Do Discount Points Work in Mortgage Origination charges?
Discount points are an Optional upfront fee paid to lower your mortgage interest rate, helping you save on long-term interest costs. Each discount point costs 1%, or a fraction of 1% of your loan amount and reduces your interest rate, though the exact reduction varies by lender (shop and compare). Discount points work in a stack, for example, on a 500,000 loan amount:
RATE
5.875%
6.0%
6.125%
6.25%
6.375%
6.50%
6.625%
6.75%
POINTS
1.500%
1.000%
0.750%
0.375%
-0.250%
-0.625%
-0.750%
-1.125%
AMOUNT
$7,500 COST
$5,000 COST
$3,750 COST
$1,875 COST
<$1,250> CREDIT
<$3,125> CREDIT
<$3,750> CREDIT
<$5,625> CREDIT
Mortgage Assisstance Lender
People Are Saying
ERIC HUANG
Tampa, FL
Great rates!
We checked 3 lenders and PAX Mortgage was easily the best rate and with the lowest fees!
DONNEY JON
Pensacola, FL
New Construction
We used PAX Mortgage for our new home project - the process was simple and we saved a lot vs our banks offer.
H. BURNBAUM III
Miami Beach, FL
Highly Reccomend!
We bought the Condo we were renting and saved thousands versus the Realtors' lender.
NMLS 1848389
www.paxmortgage.com
