Tampa Mortgage Blog

In Hillsborough County and Tampa, Florida, many separated and divorced individuals are forced with the dilemma of how to keep the current home during settlement negotiations.Keeping the Home Without An Existing Mortgage:A quit-claim deed only transfers ownership of the property, which is the easi...

Hillsborough County Florida and the City of Tampa, both offer down payment and closing cost assistance programs for first time home buyers.  In determining the maximum amount of funds available to a buyer, the Hillsborough County non-profit determines what a borrower can comfortable put down vers...

It is an honor to be able to post my first Week in Review for my fellow Mortgage Experts here on Active Rain.  I have been given the opportunity this week from David Podgursky, the Mortgage Go To Guy.  I have read the past couple weeks compiled by David and Jason Sardi, the key point they made......

Many individuals, in Tampa Bay and throughout Florida,  going through a divorce or seperation find themselves faced with the task of qualifying for a mortgage loan with alimony and/or child support income.  In some circumstances, one spouse is to be awarded alimony and/or child support as part of...

A bank owned property in Tampa, Florida; Foreclosure sale in Clearwater, Florida; For Sale by Owner in St. Petersburg, Florida...what do they all have in common?  THEY NEED WORK!  If you are a buyer, a seller or a Realtor and are faced with a home that needs a little "TLC"...There's a solution!  ...

Are you thinking of buying an investment property in Clearwater, Florida?  Maybe you are interested in future planning for your retirement.  Or, maybe you are planning to take advantage of the market in Clearwater.  Whatever your long term goal for the property, there are some important guideline...

I want to share a story with you.  It fits in perfectly with the current market and the outrageous number of homeowners who are facing the reality of adjusting mortgage rates and increasing payment.Back in May 2005, I had a customer referred to me by another customer.  He was a first time homebuy...

Some mortgage notes contain a prepayment clause. What is it? This s a clause in the mortgage that requires that the borrower pay a prepayment penalty against the unearned portion of the interest for any payment made ahead of schedule.Lenders are forward thinkers. When a lender writes a loan, if t...

  Many people who are looking to invest in Tampa Bay real estate like to travel to the area to look at homes and check out the area.  But what about those people who travel with their pets?     Personally, we always travel with our dog Rocky (isn't he cute!) and we have ran into trouble finding a...

You are relocating to MacDill Air Force Base in Tampa are are looking at housing.  The biggest mortgage question you may have is:  Should I use my VA eligibility for a new loan?Here are a couple questions to consider:1.  Are you looking for a zero down mortgage or are you planning on a down payme...