Lake City
Home Loans
Get The Lowest Interest Rate On
Lake City Home Loans.
Whether you are a first time home buyer or
trading up to a larger home in Lake City, we work to find the best home loan
solution in lake city for you. Constantly surveying the hundreds of mortgage
lenders as well as anonymously testing their staff, we are always aware of the
conditions of the home loan market as well as the lenders involved in it.
Best Lender For
Lake City Home Loans
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for a mortgage lender in Lake City, it is important to
find one that not only offers the lowest rates, but also has not
tightened lending standards to the point that only a tiny percentage of
applicants will qualify.
At the top of our list right now is your local credit union. They have the lowest rates, a free and easy
online application, and they have not been severely hurt by the subprime
mortgage crisis. They are still approving the majority of
applications.
Lake City Florida Overview
& Statistics
Lake City Overview
As of 2007, Lake City's population is 11,953 people. Since 2000, it has had a population growth of 19.77 percent.
The median home cost in Lake City is $218,100. Home appreciation the last year has been 1.42 percent.
Compared to the rest of the country, Lake City's cost of living is 13.91% Lower than the U.S. average.
Lake City public schools spend $5,009 per student. The average school expenditure in the U.S. is $6,058. There are about 15 students per teacher in Lake City.
The unemployment rate in Lake City is 2.80 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Lake City jobs have Increased by 4.00 percent.
Lake City Climate
Lake City, FL, gets 53 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 115.
On average, there are 222 sunny days per year in Lake City, FL. The July high is around 91 degrees. The January low is 42. Our comfort index, which is based on humidity during the hot months, is a 29 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
Lake City Housing
The median home value in Lake City, FL, is $218,100. Home appreciation is 1.42% over the last year. The median age of Lake City, FL, real estate is 36 years.
Lake City, FL Apartments and Rentals
Renters make up 39.97% of the Lake City, FL, population. 10.93% of houses and apartments in Lake City, FL, are unoccupied (vacancy rate).
Lake City Crime
Lake City, FL, violent crime, on a scale from 1 (low crime) to 10, is 5. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Lake City, FL, property crime, on a scale from 1 (low) to 10, is 5. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
For related resources see also:
www.lcfla.com
Lake City Real Estate Agents
Florida First
Time Home Buyers Grants
Florida First
Time Home Buyer Programs
Florida Home Loan
