What Are Discount Points?

Financing:, Mortgages:

  On the hunt for a home mortgage in the Tampa Bay area and curious about Discount Points? Discount points allow you to lower your interest rate. While this video simplifies things to help you remember, “points” are essentially prepaid interest with each point...

How Do I Choose The Right Lender For Me?

Buying, Financing:

  Are you looking for a lender in the Tampa Bay area? There are some great tips in this video. Choose your lender carefully. Look for financial stability and a reputation for customer satisfaction. Be sure to choose a company that gives helpful advice and that...

What Happens After I’ve Applied For My Loan?

Financing:

  Have you applied for a loan to purchase a home in the Tampa Bay area and now wondering what’s next? It usually takes a lender between 1-6 weeks to complete the evaluation of your application. Like the video shows, it’s not unusual for the lender to ask...

What Is The Debt-To-Income Ratio (DTI)?

Buying, Financing:, Mortgages:

  Starting the home buying process in the Tampa Bay area? One term you may hear your lender use is “DTI” or Debt-To-Income Ratio. Measuring your existing debts against your existing income is one part of a lender’s required assessment of your ability...

What Steps Need To Be Taken To Secure A Loan?

Financing:

  You’ll see some pictures in this video to help you remember later, but the first step in securing a loan is to complete a loan application. To do so, you’ll need the following information. Pay stubs for the past 2-3 months. W-2 forms for the past 2...