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KellyBurnhart's Blog

By KellyBurnhart | Broker in Cape Coral, FL

TAMPA FHA MORTGAGE+TAMPA HARD MONEY LENDERS

TAMPA FLORIDA FHA MORTGAGE LENDERS

TAMPA FLORIDA FHA MORTGAGE OR PURCHASE OR REFINANCE

FHA MORTGAGE | FHA REFINANCE |  FHA NO CREDIT | BAD CREDIT | HARD MONEY | CONDOS | LIMITS

The FHA mortgage allows Tampa Florida GOOD or BAD CREDIT homebuyers to purchase home with less than 3.5% down payment. Or use FHA to refinance a Tampa Florida home up to 97.75% of the home value. Additional advantages of the FHA mortgage include:

FLORIDA MORTGAGE :: TAMPA FLORIDA FHA LOANS :: FLORIDA FHA REFINANCE :: FHA LOAN INFO ::FHA LOAN TAMPA FL :: HARD MONEY LOAN TAMPA FL :: BAD CREDIT MORTGAGE TAMPA FL

Florida Hard Money Loans are still available to purchase or FHA refinance Tampa Florida real estate. For purchases's the price is the guideline. Our Tampa FL hard money loans are based on the purchase price and NOT the appraised value.  The rule of thumb has always been, 55-65% LTV Based on purchase price or appraised value, the lower of the two.

TAMPA FL HARD MONEY LOANS AVAILABLE FOR THE FOLLOWING:

  • • Cash Out Refinance -OK
  • • Rehab Loan for Purchase or Refinance   
  • • Bad Credit Florida home loans - Not A Problem with compensating factors
  • • Bankruptcy-No Problem
  • • Foreclosure -No Problem 
  • • Hard Money LAND Loans –OK
  • • Seller Held Second Mortgage Loans  - OK
  • • Construction Loan -New & Existing   ( Run Out Of Funds? ) 
  • •  Fixed & Adjustable Interest Rates with Balloons 4,6,8,10 years
  • • No IRS 4506Ø Needed
  • • Loan Amount:   Up to Five Million Dollars.

We provide Florida hard money loans in every city and county in Florida.

APPLY NOW

 Tampa Florida Hard Money Lender   +   TAMPA FLORIDA BAD CREDIT LENDERS

HARD MONEY LENDERS MIAMI FLORIDA  :: HARD MONEY LENDERS BROWARD FLROIDA :: HARD MONEY LENDERS TAMPA FLORIDA

TAMPA FLORIDA HARD MONEY - PRIVATE HARD MONEY TAMPA FLORIDA MONEY 
We provide our Tampa, Florida loan applicants with access to every Hard money lending source available in the market today. One of the valuable resources is private mortgage lenders sometimes called hard money. Hard Money lenders. These private hard money lenders  provide a valuable niche in today's TAMPA Florida real estate market, filling the void left in the wake of the sub-prime mortgage crisis.

WHY TAMPA FLORIDA HARD MONEY LOANS ARE DIFFERENT-Hard Money or Private Equity is far different from other more traditional conventional or even sub prime mortgage sources. Tampa Florida Hard money lenders typically lend solely based on the equity or quick sale value of the real estate offered as collateral. Due to the extreme demand for Florida hard money lenders and their ability to pick and chose which loans they wish to provide... Most Florida hard money lenders pick the more promising properties in the most desirable areas with the lowest loan to value. This reduces the Hard money lenders risk. There are many advantages to the hard money loans and also some drawbacks detailed below:

FLORIDA HARD MONEY LOAN BENIFITS
1. SPEED- ability to close loans in 7-10 days
2. EQUITY = LOAN- If  can prove the ability to repay.

FLORIDA HARD MONEY LOAN DISADVANTAGES
1. Florida hard money lenders change 10-15% with balloons due in 2-10years.
2. Private hard money lenders change upfront points ranging from 3-5% and have prepayment penalties ranging from 1-3 years depending on the term of the loan.

NO SURPRISES WITH TAMPA FLORIDA HARD MONEY LOANS- As a Tampa, Florida hard money mortgage lender we have partnered with only the most ethical and professional private money sources available in Florida. As with any other Florida loan program we offer you will always be provided with detailed disclosures so you know exactly what the rate and terms will be no surprises. All  Hard money rates and fees will be discussed in advance and the agreed upon terms is what we deliver, so there are never any last minutes surprises.

HARD MONEY FLORIDA LOANS BASED ON PURCHASE PRICE NOT APPRIASED VALUE- Until recently, many Tampa Florida Hard Money lenders that we provided were willing to base their loan amounts on property appraised value, rather than the properties purchase price. As the Florida real estate market has continues to on its decline, the appraised value has become almost non-relevant. The explanation  behind this change from appraisal to purchase price is that properties being sold far below appraised value are typically foreclosure sales. If a private lender ends up foreclosing on a property, they need to sell the asset as soon as possible.  This means they will be in the same position as the bank who is selling the foreclosed property.  To a hard money lender, a property is only worth what they know they can liquidate it for.  If the bank is liquidating a property for $100,000, a hard money lender will have to sell at 65,000-75,0000 in order to quickly get their investment back.As Florida mortgage lenders we offers immediate approvals and fast closings. Our professional staff of experienced loan consultants in Hard Money loans will be happy to discuss any loan situation and will make every effort to make it work.

HARD MONEY LENDERS MIAMI FLORIDA  :: HARD MONEY LENDERS BROWARD FLROIDA :: HARD MONEY LENDERS TAMPA FLORIDA

Feel Free to Apply Now for a Florida Hard money mortgage or use our Quick Application to receive a no obligation consultation on your next Florida mortgage.

CLICK START NOW TO GET PRE APPROVED TODAY!

:: FHA LOAN TAMPA FL :: HARD MONEY LOAN TAMPA FL :: BAD CREDIT MORTGAGE TAMPA FL

SEARCH FLORIDA MLS LISTINGS AT WWW.FLORIDAMLSHUB.COM

Tampa Government Websites

Complete Listing in Alphabetical Order

Cities within Hillsborough County
City of Plant City, FL
City of Tampa, FL
City of Temple Terrace, FL

Nearby Cities
City of Clearwater, FL
City of St. Petersburg, FL

Nearby Counties
Manatee County, FL
Pasco County, FL
Pinellas County, FL
Polk County, FL

Children
The Children's Board
Guardian ad Litem

Constitutional Offices
Hillsborough County Clerk of the Circuit Court
Hillsborough County Supervisor of Elections
Hillsborough County Property Appraiser
Hillsborough County Tax Collector

Courts / Judicial
Hillsborough County Clerk of the Circuit Court
13th Judicial Circuit Public Defender
13th Judicial Court
Florida Courts Online
State Attorney's Office
U.S. District Court � Middle District of Florida

Counties
Florida Association of Counties

Domestic Violence
Family Justice Center of Hillsborough County
Children's Advocacy Center

Elections
Hillsborough County Supervisor of Elections

Environmental
Environmental Protection Commission
Florida Deparment of Environmental Protection
Southwest Florida Water Management District
Florida Fish & Wildlife Conservation Commission
Tampa Bay Water

Federal Government
The U.S. Government's Official Web Portal
THOMAS - Legislative Information on the Internet

Law Enforcement
Hillsborough County Sheriff's Office
Florida Sexual Offenders & Predators
Tampa Police Department

Libraries
Tampa-Hillsborough County Public Library System

Planning
Hillsborough County City-County Planning Commission
Hillsborough Metropolitan Planning Organization
Tampa Bay Regional Planning Council
Tampa Hillsborough Economic Development Council

Schools
School District of Hillsborough County
Hillsborough Community College
University of South Florida
University of Tampa 
University of Phoenix, Westshore Learning Center – Tampa
University of Phoenix, West Florida Campus – Temple Terrace

Traffic / Transportation
Florida 511 Traffic and Travel Information
Hillsborough Area Regional Transit (HARTLine)
Hillsborough County Public Transportation Commission
Tampa International Airport / Hillsborough Aviation Authority
Tampa Port Authority
Tampa Bay Area Regional Transit Authority (TBARTA)
Tampa Hillsborough Expressway Authority

State of Florida
State of Florida Main Page
Florida Attorney General's Office
Florida Department of Agriculture and Consumer Services
Florida Department of Environmental Protection
Florida Department of Financial Services
Florida Department of Highway Safety and Motor Vehicles
Florida Department of State
Florida Division of Licensing
Florida Government Information Locator
Florida Government in the Sunshine 
Florida Legislature
Florida State Statutes
Florida Sexual Offenders & Predators
State of Florida

  

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