Download Your Real Estate Buyers Playbook! | The Hunter Home Loan Team

Learn about the latest strategic & powerful referral tool for real estate agents!

Would it be valuable for you to have a network of fisherman feeding you referrals? Are you distracted on the newest gadgets but have seen no results from your investments? Our team is about adding value and having an influence. Let’s have a meeting, and we guarantee we will add value to your business. This playbook is a 54-page step by step guide for buyers that walks them from preapproval to post-closing. Your clients will be more educated and share it with others. Your playbook is branded with your information along with your partners and vendors. Your Real Estate Buyers Playbook is a powerful tool to create fisherman for strategic referral partnerships. We look forward to helping you, help more people!

Schedule a Consultation with the Hunter Home Loan Team today, we can’t wait to meet you!

 

Best of the Best Mortgage Lender Winner 2019!

We are your 2019 Best of the Best Mortgage Lender in the Tampa Bay Area!

We are excited to announce that the Hunter Home Loan Team has won the Tampa Bay Times People’s Choice Best of the Best in the Mortgage Lender category #BOTB2019 This is an honor for our team and we want to thank our raving fans for the opportunity to serve and to share our mortgage process and experience. We would like to thank the Tamp Bay Times award and all that they do to add value to the community. Being Born and raised in the Tampa Bay Area this means a lot to me and my team. I’m grateful to be part of the growth and evolution of the Tamo Bay Area for the past 30 years. I want to thank my amazing team and all your hard work in putting our clients and partners first. It’s not easy but so worth it! There were over 85,000 entries from the people for the Best of the Bay with over 13,000 businesses nominated. That’s impressive Tampa Bay and thank you all!

For all your home loan and mortgage questions, please reach out to The Hunter Home Loan Team day or night (727) 315-1635 We can’t wait to meet you!

What is Loan to Value Ratio?!

All You Need To Know About Loan to Value Ratio (LTV)

Loan to Value ratio is the amount of money you’re borrowing for your home as a percentage of your home’s value. Let’s say, you’re going to buy a house for $200,000 with a $40,000 or 20% down payment. if your house is valued at $200,000 or higher, your LTV IS 80%. That’s because you divide your loan amount by the purchase price, not the appraisal price unless the appraisal comes in low.

Let’s say your house gets appraised, for lower than your purchase price, say $160,000 That means your LTV is 100% because your loan amount of $160,000 is the same as the value. In the lending world, a lender will go off the lesser of the two, the sales price or the 3rd party appraised value! In the event the appraisal comes in low you will want to talk with your agent and possibly renegotiate with the seller or you, the buyer, can choose to make up the difference if you want or need to stay at the initial loan to value!

Loan To Value is a key factor in your ability to get a loan, the lower the LTV, the less risky the lender sees the loan… but there are several high LTV programs available such as USDA, VA, FHA, Conventional, and a few other options! Let talk about the best mortgage plan for you!

Chat with The Hunter Home Loan Team Today!

For more details on how to prepare and what to expect at your first meeting with a mortgage professional or if you are interested in getting started on your loan approval process, please contact our Hunter Home Loan Team at 727-315-1635.

Those who are feeling overwhelmed, or are Interested in learning more about loans we offer or loans approved with conditions Check out our resources here for agents or clients…We are here for YOU!

What is APR?

The Annual Percentage Rate Explained!

Your Annual Percentage Rate is your Interest Rate + the Closing Costs + Fees averaged together over the first year of the loan. That determines the annual cost of taking out your mortgage.

Let’s talk about the fees that can be included in your APR. Origination fees, prepaid interests, underwriting fees, document prep fees, settlement fees, a few other 3rd party fees, and private mortgage insurance if you have it. All this to say that your APR will typically be higher than your interest rate. You receive an APR quote no more than 3 business days after you complete your loan application. Another thing to keep in mind with your APR, it can fluctuate in between your initial rate lock and the official closing of your loan. This is due to potential 3rd party fee fluctuations or market changes that can occur during that time frame. However, once your fixed rate loan is closed, your APR will not change. Keep in mind your Interest rate is the actual rate you are paying on the loan balance.

Chat with The Hunter Home Loan Team Today!

For more details on how to prepare and what to expect at your first meeting with a mortgage professional or if you are interested in getting started on your loan approval process, please contact our Hunter Home Loan Team at 727-315-1635.

Those who are feeling overwhelmed, or are Interested in learning more about loans we offer or loans approved with conditions Check out our resources here for agents or clients…We are here for YOU!

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Tampa Bay Times People's Choice 2019 Best of the Best award