Available to residents nationwide, Raymond James Bank Mortgage, owned by Raymond James Financial., offers their customers a full complement of mortgages and lending products with a perfected process of delivering personal one-on-one services that are completely convenient for you. From a convenient application process, assistance in choosing which program is most suitable for you to client focused services and their ability to offer you viably low rates and fees, they promise their utmost efficiency with your mortgage banking experience.
| BONUS LINK | OFFER | REVIEW |
| Mortgage Rates | ||
| 30 Year Fixed Rate | ||
| Rate | APR | Points |
| 4.000% | 4.144% | 0.750% |
| 4.125% | 4.206% | 0.000% |
| 5 Yr. CMT ARM | ||
| Rate | APR | Points |
| 3.000% | 3.790% | 0.875% |
| 3.125% | 3.763% | 0.000% |
| 7/1 CMT ARM | ||
| Rate | APR | Points |
| 3.250% | 3.794% | 0.875% |
| 3.375% | 3.781% | 0.000% |
Raymond James Bank Mortgage Summary:
- Apply Now
- Account Type: Mortgage Loans
- Availability: Nationwide
- Expiration Date: None
- Additional Advise: Have the necessary documents and validation information ready to make your process as smooth as possible.
- Closing Loan: Standard lock period is 30 days
Raymond James Bank Mortgage Features:
- Exceptional Asset Quality.
- Loan underwriting and appraisal standards that differ from normal bank guidelines.
- Variety of loan types including conventional and government backed loans.
Raymond James Bank Mortgage Basic Requirements:
Below are examples of supporting documents which may be included in a loan file:
Income Documents:
- Pay Stubs covering the customer’s most recent two pay periods for each applicant.
- W-2 Forms for the previous two years.
- Two most recent years’ federal tax returns (e.g. for a loan in 2015, the customer need to submit the customer’s 2014 and 2013 federal tax returns). All the pages and all schedules.
- If the customer is self-employed, the two most recent years’ business tax returns are also needed.
- For self–employed or investment income, the two most recent years’ 1099’s and K-1 forms are also needed
- For self–employed business income,year-to-date profit and loss statement and balance sheet.
- For retired customers, copy of Social Security and/or Pension “award letters” detailing the amount of retirement income.
Asset Documents:
- Two most recent months’ bank statements. All of the pages.
Other Documents:
- Homeowner’s Insurance statement(s) for all properties owned showing the customer’s coverage and the annual premium.
- Mortgage statements for all properties owned that have liens.
- Copy of driver’s license or State I.D.card for all customers.
- If divorced, the customer’s fully executed divorce decree.
Conclusion:
Raymond James Bank Mortgage offers mortgage lending services that cater towards customer needs and satisfaction. With an exceptional array of loan programs and asset quality, they’re certainly a qualified nationwide lender. With reasonably low rates, and a mortgage process agenda that promises customer convenience, they fall into a 4 out of 5 star category. One thing I must note is that we don’t have much data points leaning towards their construction and commercial/industrial real-estate lending, however they do have the ability to offer such if deemed necessary. Also, be sure to check out our Best Mortgage Rates!
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