.png)
Home of the ONE stop shop!
WHAT SETS US APART?
OUR Loan officers can also act as YOUR Real Estate Agent-
Why does this matter?
Simple-It streamlines the process and eliminates the back and forth between seeing homes you 'want' to buy and scheduling what you can 'actually afford' to buy. We are also uniquely aware of Home Buying Hacks like "loan assumptions" that may land you a low rate from 2022, or investor financing options for buyers that want to turn fix and flips into a profitable business.
As licensed Realtors and Mortgage Loan Officers our team offers a unique 1-stop service to our clients. Let us guide you through the entire process of FINDING and FINANCING your dream home today!
Real Estate & Mortgage SERVICES
Mortgage Programs
Tampa Bay Mortgages offers creative financing to help make your dreams a reality
Conventional
Your basic in the box kind of loan
If you fit in the FNMA/Freddie Mac box-credit over 620, at least 3-5% down and don't have excessive debt this could be a great fit. Terms range from 10-30 years. A conventional loan with less than 20% down requires Private Mortgage Insurance (PMI). PMI drops off automatically once the loan to value reaches below 80%. You do NOT pay an Upfront Mortgage Insurance Premium with a conventional loan.
VA
Veteran's Administration Loan
We love working with Military personnel and their families. A VA loan offers a 0% down option with No mortgage insurance and could be a great option for those that are or have served our country. The rates are typically lower than conventional loans however you are required to pay an upfront VA Funding Fee unless you are exempt. If you are unsure if you qualify or have entitlement left for a VA loan you can look at your Certificate of Eligibility (COE) or reach out to one of our advisors and we can request a COE on your behalf.
FHA
Federal Housing Authority
An FHA loan might be right for you if you don't have much saved up for a down payment or have a lower credit score. The standard down payment required is 3.5%. However, we have programs that will allow 0% down. FHA also allows higher debt to income ratios. You will pay an upfront Mortgage Insurance Premium with FHA but don't worry in can be rolled into the loan. You will also pay mortgage insurance in your payment but unlike a conventional loan where it is automatically removed this mortgage insurance is throughout the life of the loan
Outside the Box
Don't meet the standard qualifications-That's okay!
We have a variety of different loan options including 0% down, 1 day out of bankruptcy, 1099, bank statement, asset only, no income primary residence, Foreign national, rental income only investment option (DSCR), Build to Sell and Build to Rent loans, Doctor's no downpayment loans, loan assumptions and low credit score options
BLOG FEED
CLIENT TESTIMONIALS
Satisfied Clients Share Their Experience
Our experience with Tampa Bay Mortgages was exceptional. They provided us with personalized service and helped us secure the best financing option for our new home. Highly recommend their services!
Holli
Tampa Client
Working with Heidi and Tom made the home buying process smooth and stress-free. Their team was knowledgeable, responsive, and dedicated to finding the perfect mortgage solution for us.
Katy
St. Pete Client
I can't thank Heidi and Tom enough for their support in securing my dream home. They went above and beyond to ensure I got the best mortgage deal. Truly grateful for their expertise and professionalism.
Meghan
Bradenton Client
Heidi exceeded my expectations in every way. From start to finish, she provided excellent service and helped me navigate the complexities of the mortgage process. I couldn't have asked for a better team by my side.