What Is A Loan Payoff Letter?

Closing Documents, Selling

Are you selling a home in the Tampa Bay area that has a mortgage on it?   You may end up hearing the terms “Payoff” or “Payoff Letter” in the sales process of your property. This letter, issued by the lender, states a precise payoff amount that...

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...

How Do School Zones Affect Home Buying?

Buying, School Zones

Curious to know how school zones may impact a buyer’s decision when purchasing a home in the Tampa Bay area? When reading home listings online, you often see mention of school zones and access to quality schools.  In general, parents want to live in...

What Is A Qualified Mortgage?

Mortgages:

  Do you know what a qualified mortgage means in the Tampa Bay area? As this video explains,  Federal laws put into effect in 2014 and  supervised by the Consumer Financial Protection Bureau define lending practices and loan terms for a new category called...

What Does Ability To Repay Mean?

Mortgages:

  Looking to secure a home loan in the Tampa Bay area and curious about the “Ability to Repay” rules? In a nutshell, as this video shows, new laws require lenders to make a good-faith assessment of a borrower’s capacity to pay back their loan over...