Mortgage FAQ'S What is the LIBOR Index? LIBOR is an abbreviation for "London Interbank Offered Rate," and is the interest rate offered by a specific group of London banks for U.S. dollar deposits of a stated maturity. LIBOR is used as a base index for setting rates of some adjustable rate financial instruments, including Adjustable Rate Mortgages (ARMs)and other loans.

1444 First Street, Suite A, Sarasota, Florida, 34236  |  Toll-Free : (800) 377-8203  |  Tel : (941) 955-7115  |  Fax : (941) 957-0020 © Kroboth & Helm Mortgage Co., Inc.   All Rights Reserved.   Site Design by Professional Web Designs Kroboth & Helm Mortgage Co., Inc. is a South Florida Correspondent Mortgage Lender serving all of Florida. Located in Sarasota, Florida, we specialize in financing Florida Real Estate by offering residential loans up to $10 million and commercial loans up to $20 million.  We have over 100 years combined experience in financing Waterfront and beachfront properties, condominiums and new home construction and offer personalized & smooth mortgage closings.