Tampa Florida is home to many luxury homes. In addition, it is common for buyers to take out a mortgage for the purchase of their luxury homes. For many of these buyers, it is necessary to have a jumbo or super jumbo mortgage.The question has been raised before of when it is necessary to have m
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09/17/2007
A Tampa VA buyer in Clearwater recently worked with me in getting his VA approval for a home loan purchase in Clearwater, Florida. When he came to me, he was a bit concerned about qualifying for the VA mortgage because of his debt-to-income ratio. What this means is his total monthly debt compa
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09/10/2007
Troubled credit history, lack of income, no down payment...all reasons this Tampa lender has to flex my muscles. Oh yes, as this title states, I am dusting off my gloves and taken' em to the gun show!In today's market, as a loan officer, I have to fight even harder for my customers. Recently, I
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09/07/2007
Everyday I am surrounded with the issues of the current mortgage industry. From customers wanting explanations to Realtors wondering how this will affect their business. I took a moment this morning to explain my feelings on what is currently happening in the industry. Please take a moment and
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09/07/2007
In my South Tampa home, we have a new rule...no passing gas! The man of the house isn't too happy about it, but it is a must. He says..."it doesn't smell"...but that's the silent but deadly part. There is no smell. Guess what...It's carbon dioxide gas and I don't want it around me or ruining
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09/06/2007
For luxury buyers in South Tampaand throughout Hillsborough County, there is a bigger hurdle for financing the dream home...the Jumbo Mortgage.If you are not familiar with the term, "Jumbo Mortgage", it is a type of mortgage for individuals looking for a loan over the conforming loan limit. The
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09/05/2007
Being behind on mortgage payments can provide a huge hurdle for borrowers looking to refinance into a more affordable interest rate. HUD recently announced a new refinance program available through FHA called "FHASecure". The refinance program is for borrower who are feeling the effects of a su
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09/05/2007