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Mortgage Tampa FL

Tampa is a United States city in Hillsborough County, on the west coast of the state of Florida. It serves as the county seat for Hillsborough County. The population of Tampa in 2000 was 303,447. According to the 2007 estimates, the city has a population of 382,060. Tampa is a part of the metropolitan area most commonly referred to as the Tampa Bay Area. For U.S. Census purposes, Tampa is part of the Tampa-St. Petersburg-Clearwater, Florida MSA. The four-county area is composed of roughly 3 million residents, making it the second largest metropolitan statistical area (MSA) in the state, and the fourth largest in the Southeastern United States, behind Miami, Washington, D.C., and Atlanta. The... [Read the full story]

FHA Loans

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Types of FHA Loans

Section 203(b) is the centerpiece of FHA’s single-family insurance programs-the successor of the program that helped save homeowners from default in the 1930s, that helped open the suburbs for returning veterans in the 1940s and 1950s, and that helped shape the modern mortgage finance system. Today, FHA One- to Four-Family Mortgage Insurance is still an important tool through which the Federal Government expands homeownership opportunities for first-time homebuyers and other borrowers who would not otherwise qualify for conventional loans on affordable terms, as well as for those who live... [Read the full story]

VA Loans

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VA Loan Checklist

Before starting the mortgage process, you’ll need to have documents that applies to all loan applicants: Social Security cards Residential history for the past two years Employment History for the past two years Last 2 LES (paystubs) or provide income sources Last 2 months of asset statements Credit report Information on all real estate owned properties  Estimated value of all personal assets  Certificate of Eligibility and DD214, (for veterans only) W2’s for the past two years  In addition, you may need to pay for a credit report and appraisal of the property.  Read More →

Jumbo Loans

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Jumbo Mortgage Options

Jumbo mortgage loan options are similar to traditional loan programs. They simply require a slightly higher down payment, usually of an additional 5% for similar program types. No-money-down programs are generally not available, but instead require a minimum of 5% down payment for a jumbo mortgage. Because the loans are large, jumbo lenders frequently offer variable loan programs to the jumbo client. The risk of an interest rate increase can result in a large dollar amount increase. It can be more expensive to refinance a jumbo loan due to the closing costs. Some lenders will offer the service... [Read the full story]

USDA Loans

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USDA Rural Housing Guaranteed Loan

Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities. Eligibility: Applicants for loans may have an income of up to 115% of the median income for the area. Area income limits for this program are here. Families must be without adequate housing, but be able to afford the mortgage payments, including taxes and insurance. In addition, applicants must have reasonable credit histories. Approved lenders... [Read the full story]

Credit Repair

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Credit Repair Video

Finding the right credit repair information is imperative to fixing your credit. We can offer you products that will help you restore, fix, or clean up your credit file. This video will shed light on how to fix your score, and suggest strategies in dealing with revolving credit. This coaching program will help you start to improve your credit score to obtain your mortgage loan!  Read More →

Credit Repair

Credit Repair Video

Credit Repair Video

Finding the right credit repair information is imperative to fixing your credit. We can offer you products that will help you restore, fix, or clean up your credit file. This video... [Read more]


FHA Loans

Types of FHA Loans

Types of FHA Loans

Section 203(b) is the centerpiece of FHA’s single-family insurance programs-the successor of the program that helped save homeowners from default in the 1930s, that helped... [Read more]