LOAN OPTIONS

Each individual might require a different type of loan. Here at Tampa Heights Mortgage, we can help you decide which loan option is the right fit for you.

Please navigate this page for free education about the various different loan options available to you.

Conventional Loan Loans with as low as a 3% down payment. Eligible for no required mortgage insurance, provided you make a 20% down payment.	Reverse Mortgage Loan Eligible to those who are 62 years or older. These are used primarily to convert a portion of the equity in your home to cash.
FHA Loan Great for first-time home buyers. They offer low down payments with loans up to $453,100 and are backed by the US government.	Jumbo Loan A loan that exceeds $453,100 and is not FHA compatible.
Portfolio Loan Designed for the investor looking to use a 'portfolio' of properties to increase their buying potential.	VA Loan VA loans offer up to 100% financing on the value of a home for those who qualify and are able to provide a certificate of eligibility.
Bank Statement Loan This type of loan uses your bank statements to qualify you. Frequently used by self-employed borrowers.

Tampa Heights Mortgage Inc.

813.307.0007

Loan Options

Conventional Loan

Loans with as low as a 3% down payment. Eligible for no required mortgage insurance, provided you make a 20% down payment.

Reverse Mortgage Loan

Eligible to those who are 62 years or older. These are used primarily to convert a portion of the equity in your home to cash.

FHA Loan

Great for first-time home buyers. They offer low down payments with loans up to $453,100 and are backed by the US government.

Jumbo Loan

A loan that exceeds $453,100 and is not FHA compatible.

Portfolio Loan

Designed for the investor looking to use a 'portfolio' of properties to increase their buying potential.

VA Loan

VA loans offer up to 100% financing on the value of a home for those who qualify and are able to provide a certificate of eligibility.

Bank Statement Loan

This type of loan uses your bank statements to qualify you. Frequently used by self-employed borrowers.