fha conventional usda va guarantee financing low money down low interest rate tampa florida hillsborough pasco polk manatee sarasota: Buyer With A Prior Short Sale - Here are the waiting times - 12/13/13 03:33 AM
A very high percentage of Florida homeowners short sold a home in the past 5 years.
A common question I often get is ....how far removed from a short sale does someone have to be in order to quaify for home financing???
Here are some guidelines that can hopfully help buyer's agents qualify their buyers.
Conventional - 2 Years if you are putting 20% down - 4 Years between 80% and 90% Loan to Value, and 7 Years above 90% loan to value - or less than 10% dowm
FHA - 3 Years removed
USDA - 3 years removed
VA - 2 Years … (1 comments)

fha conventional usda va guarantee financing low money down low interest rate tampa florida hillsborough pasco polk manatee sarasota: Buyer has a short sale?? - 10/01/13 08:21 AM
A very high percentage of Florida homeowners short sold a home in the past 5 years.
A common question I often get is ....how far removed from a short sale does someone have to be in order to quaify for home financing???
Here are some guidelines that can hopfully help buyer's agents qualify their buyers.
Conventional - 2 Years if you are putting 20% down - 4 Years between 80% and 90% Loan to Value, and 7 Years above 90% loan to value - or less than 10% dowm
FHA - 3 Years removed
USDA - 3 years removed
VA - 2 Years … (0 comments)

fha conventional usda va guarantee financing low money down low interest rate tampa florida hillsborough pasco polk manatee sarasota: FHA Vs. PMI - Make Sure Your Clients Know - There's a Huge Difference - 09/24/13 01:15 AM
 
The demands on FHA spanning the past 5 years put into question the agency's sustainability of its loan program that insures mortgages.  To better its financial position the FHA increased its monthly mortgage insurance premium and then, as of this month, new FHA mortgagees will carry the monthly mortgage insurance premium for life.  Prior to this month FHA mortgagees could cancel their monthly MI once they had paid down below 78% of the original balance.  And it is costly to say the least.
On a $250,000 FHA loan, a borrower will pay $281.50 monthly, $3378 per year, or roughly $17,000 … (0 comments)

 
Tony Marra, Tony Marra (Bay to Bay Lending, LLC)

Tony Marra

Tony Marra

Tampa, FL

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Bay to Bay Lending, LLC

Address: 501 S Dakota Ave, Suite 2, Tampa, FL, 33606

Office: (813) 549-8737

Mobile: (813) 842-7999

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