Ocean Ridge, Florida First Time Homebuyer
Most people dream about owning a home for years before it becomes a reality. It can be scary to take that leap into home ownership, but it is a wonderful feeling to not be throwing money away on rent month after month. You also have the pride in knowing you own your own Ocean Ridge home, and can truly make it yours. Get started with a fast pre-approval (within minutes), we will supply you with Ocean Ridge home loan options that make sense. No application fees, free quotes, lower rates and of course more options. Smart Mortgage Centers is recognized for its awarding winning service since 1997 and 5.0 customer ratings in Florida with Google, the Better Business Bureau, Zillow, Yelp and Facebook.
First Time Homebuyer Programs in Ocean Ridge, FL
- Forgivable Grants for Down Payment and or Closing Costs
- HomeReady Buy with 3% Down
- HomePossible Buy with 3% Down
- FHA Loan Buy with 3.5% Down
- VA Loan Buy with No Money Down
- USDA Rural Home Loan, Buy with No Money Down
- Alternative Lending, Bank Statement Programs, ITIN, Foriegn National Programs
- Manufactured Home Financing
- Construction to Perminant Financing, Land Lot, Mortgage all in one.
- Bad Credit Home Loans, down to 500 scores
- Home Renovation Loans, Buy a Home and get extra funds to fix it up
Get pre-approved now and start shopping for your new Ocean Ridge home.
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A mid-ocean ridge (MOR) is an underwater mountain system formed by plate tectonics.[1] It consists of various mountains linked in chains, typically having a valley known as a rift running along its spine. This type of oceanic mountain ridge is characteristic of what is known as an ‘oceanic spreading center’, which is responsible for seafloor spreading.[2] The production of new seafloor results from mantle upwelling in response to plate spreading; this isentropic upwelling solid mantle material eventually exceeds the solidus and melts. The buoyant melt rises as magma at a linear weakness in the oceanic crust, and emerges as lava, creating new crust upon cooling. A mid-ocean ridge demarcates the boundary between two tectonic plates, and consequently is termed a divergent plate boundary.
Mid-ocean ridges are geologically active, with continuing volcanism and seismicity. New magma steadily emerges onto the ocean floor and intrudes into the ocean crust at and near rifts along the ridge axes. The crystallized magma forms new crust of basalt (known as MORB for mid-ocean ridge basalt) and below it (in the lower oceanic crust), gabbro.[3] MORs are formed by two oceanic plates moving away from each other. Hydrothermal vents are a common feature at oceanic spreading centers.[4]