THE MORTGAGE LENDER TAMPA TRUSTS FOR
Over 20 Years Experience of 5 Star Rated Service
Simple Process. Honest Communication. No Hidden Surprises.
No Hidden Surprises.
We are a hybrid lender with access to Wholesale rates. Unlike mortgage brokers, we keep everything in house from application to closing.
Our processors, underwriters and closers have a clean, efficient and reliable system to make sure your deal closes on time.
Standard down payment on a Jumbo loan is 20% which will give you access to the best possible market interest rates and closing costs.
If you are looking to put down less than 20% be prepared for more qualification requirements and higher rates.
What Others Are Saying
Most common questions about conventional jumbo loans
Required Documents For A Jumbo Loan
- Clear copy of your Driver’s License or Green Card if not US Citizen.
- Two or more current, consecutive pay stubs; to equal one full month of pay
- Last two years of W-2’s or 1099’s
- Last two years of complete tax returns with all schedules.
- Two current months of bank statements on all accounts, including pages intentionally left blank
*Each mortgage is unique and depending on your situation (bankruptcy, citizenship, etc), other documentation may be required. Please call for free consultation.
Understanding Jumbo Loans
Congratulations on earning the ability to buy one of the more expensive homes in Tampa Bay through the use of a jumbo loan. Now it’s time to get a good mortgage consultant who will make sure you even get the loan. Too often lenders fall apart under the pressure of a jumbo loan because the finances of higher net worth individuals become a daunting task for a loan officer who is used to the finances of a person who has had; 1 job for 10 years, punches a clock for a set salary, owns one property at a time and doesn’t carry debt that exceeds their monthly salary. If your finances don’t fit into these nice, neat confines you’ll need a lender who; has procured multiple loans in excess of $5,000,000.00, has helped people with credit liabilities in excess of $200,000.00 and has a habit of closing jumbo loans within 30 days. We put a lot of emphasis on understanding every aspect of your finances to be sure we are fully prepared for any curve balls that might be thrown our way. This attention to detail is the reason why our biggest referral source for business has always been Realtors and that’s because – we make sure closings happen.
Some good reasons for getting a jumbo loan are….
- You only need a 15-20% down payment to get a jumbo loan
- Finance a loan up to $5,000,000.00
- Many lenders will offer you financial incentives to choose them
- Available in Adjustable Rate Mortgage (ARM) or Fixed Rate options
- Use this type of loan for primary homes, vacations homes or investment properties
Jumbo loans have multiple variables including loan terms, proof of income requirements, interest rates, maximum loan amounts, intense disclosures and loan duration. Because of these variables it’s very important to choose the right mortgage professional the first time. We explain every aspect of the process and your loan options in terms you will understand. We make sure you’ll have the best possible outcome on one of the biggest purchases you will ever make. We simplify the home buying process and make sure you get the best terms, interest rate and possibly save you thousands of dollars. Once you’re a client our team will be available to you outside of normal business hours and on weekends when you need to ask questions throughout the process. Choosing Tampa One can be the difference in you getting the jumbo loan you’ve deserve or getting a much more economical house in a less spectacular area.
Integrity, Transparency, Knowledge and Availability are what makes Tampa One stand out – experience the difference
Tampa One can get you a jumbo loan with the best available interest rates and the lowest possible monthly payment. Many large mortgage companies and banks can only give you one interest rate option with a loan offer because they are forced to lend their own money. Some of the small local mortgage companies have the ability to shop for rates, but they’re stuck with whatever their lending partners have to offer. Tampa One has the ability to get you the best rates because we work closely with multiple A-rated mortgage companies and we are a direct lender. This means we can shop for the best rates nationwide and Tampa One also has the ability to directly loan you our money to buy your home. At Tampa One our process is built on integrity, knowledge, transparency and availability to ensure that you get the best possible outcome for yourself, your loved ones and your future.