New Planet Home Lending Team In Central FL

Planet Home Lending has a new team in Kissimmee, Florida, the company announced in a press release.

Ricardo Maldonado, retail branch manager, will lead a group of ten mortgage loan officers. The team includes several bilingual English/Spanish speakers to better serve the community.

Maldonado noted the burden of home prices on regular Floridians. The group will help potential buyers find down payment and closing cost opportunities from the Florida Housing Finance Commission that may help residents buy a home now, rather than saving for years to come.

They also offer seller-paid interest rate buydowns that can benefit buyers and homeowners who want to move their property quickly.

“Home listing prices had risen 15.6% at the end of 2022 and the median home price was $395,500, according to Osceola County Association of REALTORS® data,” Maldonado said. “And just like Planet, people here believe in the American dream of homeownership as a way to build generational wealth.”

Maldonado also said the group will work with people who have non-traditional credit, a second income from gig work, own their own business, or are buying in a group with multiple family families.

“Planet prides itself in its ability to bring together teams of experienced mortgage professionals who are dedicated to the communities they serve,” said Michael Dubeck, CEO and president of Planet Financial Group, parent of Planet Home Lending. 

“The Kissimmee team is deeply connected to the members of their community and bring a shared understanding to the homeownership journey.”

Planet Home Lending recently opened two other offices, one in Long Island and the other in Lehigh Valley, Pennsylvania.

Planet Financial Group LLC is based in Meriden, CT, and is the parent of Planet Home Lending LLC and Planet Management Group LLC.