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Ready to Buy a Home?

Know exactly what you can afford before you start searching for a home.

The Mortgage Firm Tampa offers a variety of home loan options for purchasing whether you are a first-time homebuyer or upgrading to buy your dream home. Our expertise will help make your mortgage experience the best possible!

Mortgage Home Purchase Loans without the Hassle!

Browse our loan types:

HOW DO I QUALIFY?

  • Initial loan consultation
  • Formal loan application
  • Processing
  • Order appraisal, title, inspections, verifications
  • Underwriting (Initial review)
  • Conditional approval
  • Conditional sent to underwriter
  • Final loan approval
QUALIFY ME NOW!

CONVENTIONAL

Conventional mortgages are the most common type of home loan.

A few of the benefits of a conventional mortgage are:

  • Loan amounts available up to $453,100
  • 10, 15, 20, 25, and 30 year terms available
  • Down payments as low as 3%
  • Rates can be fixed or Adjustable Rate Mortgages

FHA

Federal Housing Administration Loans (FHA) were created to assist borrowers who may need a low down payment and flexible mortgage guidelines.

  • Great for First Time Home Buyers!
  • 3.5% down payment required– Can be a gift!
  • Seller can contribute up to 6% of the borrower’s closing costs
  • Flexible mortgage guidelines

VA LOAN

An excellent loan exclusively available to those that are currently serving or who have previously served in the U.S. military. Surviving spouse may be eligible, as determined by VA.

  • Must be a Veteran, Active Duty Military, or member of the Reserves
  • No monthly mortgage insurance
  • Seller concessions up to 4% of the reasonable value of the property
  • Up to 100% financing available
  • Flexible mortgage guidelines

USDA/RURAL

USDA or rural development loan program provides low and moderate income borrowers with better affordable housing finance options with little or no down payment or out of pocket costs. The property must be located within a USDA designated area.

  • 100% financing available to qualified borrowers
  • Seller can contribute up to 6% of the borrowers closing costs

JUMBO

A jumbo loan, also known as a jumbo mortgage, is a form of home financing for whose amount exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA).

  • Loans over $453,100
  • Minimum 720 credit score
  • Minimum 10% down payment required

BOND PROGRAM

  • 640 minimum credit score
  • Income and purchase price limits vary per county
  • Debt to income restrictions
  • $7,500 loan applied to closing costs and/or down payment to be repaid when property is sold or refinanced