Community Home Buyer Programs
The community home buyer program is another way to help first time buyers in Tampa Bay, Florida get the loans they need for the home they want. These programs reduce the down payment to 3%, which must be the borrower's own funds. Closing costs can be gift funds, a grant, or seller assistance up to 3% of sale price. This loan requires the homebuyer to take a class on home ownership in Tampa Bay. Upon completion of the class, the homebuyer receives a certificate that reduces cash requirement and expands the qualification ratios. Our mortgage brokers at Creative Mortgage Solutions believe everyone in Florida who wants to own a home should be able to. Contact our Creative Mortgage Solutions brokers today to see if you qualify for the community home buyer program and how we can help you buy your first home.
Reduce your payments! -Consolidate your Debt
Unpaid or slowly paid debts can have a detrimental effect on your credit rating and therefore your ability to obtain a home loan in Tampa Bay. In some cases our mortgage specialists at Creative Mortgage Solutions recommend that borrowers consolidate or completely pay off their debt prior to applying for a Tampa Bay mortgage. Debt consolidation will lower your monthly payments and can simultaneously increase your credit rating. If you are able to pay off your debt without the assistance of consolidation, this is another great way to improve your chances of being approved for a Tampa Bay home loan. Refinancing your original Tampa Bay mortgage or obtaining a new home equity loan in Tampa Bay may also be a financially practical way to relieve the burden of high monthly payments. It is important to research all options with your Tampa Bay mortgage broker at Creative Mortgage Solutions, (813) 888-9253.
Tampa Bay Real Estate Information
At Creative Mortgage Solutions we offer real estate information in Tampa Bay and many nearby cities. Below is a brief list of some key areas where we offer our services, please browse through the information given about the areas to help guide you in finding a great location. If the area you are currently searching for is not listed below, then please contact one of our mortgage and real estate professionals today at 813.888.9253.
