Tampa Mortgage Update – 100% “Millenial” Conventional Financing, how to avoid PMI & escrow for taxes/insurance

There are many Tampa Bay area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here to learn about our “Your Home Sold Guaranteed in 29 Days” program or for a free property valuation so you know what your home can sell for in today’s market. You may also call me at (813) 359-8990 for a FREE home buying or selling consultation to answer any of your real estate questions.

Listen as Andrew Duncan, Tampa Bay's #1 Realtor and expert talk to David and Arnie Diaz of Waterstone Mortgage about the Mortgage market because this is the time of the year when people start looking into their finances and they start deciding whether they're going to buy a home in Spring or the Summer. In Tampa Bay, the majority of moves and relocation happen during the Summer.

David and Arnie talk about the things that people need to do to prepare for qualifying for a mortgage. They discuss what  the important steps they need to take if they plan to buy in June.

One of the issues is speed. Due to the lack of inventory right now, the homes that are on the market and are appropriately priced are getting multiple offers. If the buyer wants to get the home of their dreams, they have to move quickly. First step is getting pre-qualified.

They talk about the different down payment options and loan products. They also touch on private mortgage insurance (PMI) for loans, escrow for taxes. Bottom line is to talk to your local lender about what your goals are and know what options are available to you so you won't miss out in buying the home of your dreams.

To get more Tampa Bay Real Estate news and advice from Tampa Bay's #1 Realtor, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sundays at 10 am.

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