813.910.8020 Apply Now

Mortgage Broker Tampa, FL | Mortgage Lender Tampa Florida | Marimark Mortgage

  • Home
  • Homebuyers
  • Homeowners
  • Realtors
  • Investors
  • About Marimark
  • Contact Us
  • Mortgages
  • Apply Now
  • Current Mortgage Rates
  • Calculators
  • Testimonials
  • Blog
  • Videos
  • Featured In
Home / Florida Mortgages / Tampa, FL / Tampa, Florida Mortgages

Tampa, Florida Mortgages

January 6, 2016 By Mary Catchur

Tampa, Florida MortgagesTampa, Florida is one of the five largest metro areas in the Southeastern United States, with a growing population close to three million people. As a result, the real estate industry in the Tampa Bay metro area is booming.

So here is a look at Tampa’s real estate market, and tips to get a mortgage in Tampa.

Tampa Real Estate

Tampa, Florida’s home prices haven’t rebounded fully from the 2007 recession and nationwide housing crisis, but the real estate market is doing very well and is expected to keep growing into the future.

Currently, Tampa’s median home value is $148,600, lower than both the Florida state average of $175,300 and U.S. national average of $188,900. But the lower than average home value doesn’t capture growth in home values occurring over recent years, or the projected growth in the future that will continue to boost home values throughout Tampa Bay.

Last year, Tampa home values increased 9.3%, more than triple the national average of 3.3% over the same period. This rise in prices represents thousands of dollars in increased home value for homeowners, and a great ROI for Tampa real estate investors.

In 2016, home prices are expect to keep rising, and Zillow projects that values will increase another 2.2%.

Desirability of Tampa, Florida Real Estate

As the economic center of West Florida, and one of the most important economic hubs both along the Gulf Coast and in the southern United States, Tampa offers exceptional economic opportunities for residents and businesses.

Compared to many major Florida cities that have seen economic growth primarily as the result of the tourist economy, Tampa has a widely diversified economy. It serves as transportation hub for the area, making it an important home for the citrus industry. And with large companies expanding their job offerings in Tampa, the economy is projected to continue improving, which is one of the biggest reasons for Tampa’s hot real estate market.

Of course, Tampa Bay also offers coastal Florida charms such as moderate weather, beautiful coastal scenery and beaches, and numerous recreational opportunities. All of this, with Tampa’s vibrant economy and picturesque beauty, means real estate in the greater Tampa Bay metro area is set to continue growing into the future.

Getting a Mortgage in Tampa, Florida

To get the best possible mortgage in Tampa, it’s important to learn about the process of getting a mortgage, and how to get the best mortgage rate.

With a little planning, you can save thousands of dollars on a mortgage over the course of the loan. So the sooner you start working with a Tampa mortgage loan originator the better.

When you meet with your mortgage originator, you should expect to learn about down payment options that are applicable to your specific needs, closing costs you can expect to pay, possible ways to lower your interest rate by raising your credit score, and possible challenges with certain situations such as condo mortgages.

Perhaps most importantly after your first meeting with a mortgage originator, you should know how much you can afford to pay for a home.

Mortgage Process

The first phase of the mortgage process takes just a few minutes, after which you can be pre-qualified for a mortgage and begin looking for a new home with a Realtor. Then as you look for a home, you can start the process of becoming pre-approved for a mortgage.

After you have a contract on a home, your loan originator will work to close on your mortgage as quickly as possible. At Marimark Mortgage, we usually close in 30 days or less.

Mortgage License and Reviews

When searching for a mortgage originator, whether you use a bank or mortgage broker, make sure the person and the company you are working with is licensed by the State of Florida by searching NMLS Consumer Access.

  • Here is the license information for Mary Catchur and Marimark Mortgage.

Also check online reviews to see how well the mortgage company and loan officer have performed. For your convenience, here are links to some of our reviews:

  • Marimark Mortgage Testimonials
  • Zillow
  • Trulia
  • BBB
  • LinkedIn
  • Facebook

Marimark Mortgage

Marimark Mortgage is a Tampa mortgage broker, serving the needs of borrowers in Florida, Pennsylvania, and Virginia.

As a mortgage originator, we specialize in conventional home mortgages, FHA, VA and USDA mortgage options, refinance loans, and reverse mortgages. We have worked extensively with a variety of refinancing options to help clients lower their payments on their home, even if their home is “underwater” and worth less than their mortgage value.

Some of the many mortgage services we provide borrowers include:

  • Down payment / program options.
  • Fast and thorough pre-approvals.
  • Timely communications with all parties including Realtors throughout the process.
  • Education on expected closing costs and which party is responsible for paying them.
  • Upfront planning before homebuyers start looking for a home to prepare them with credit and cash needs.
  • Upfront and early identification of unique issues such as property flips, unusual borrower employment situations, credit history, and determining appropriate lender placement based on those needs.
  • Fast closings, often in 30 days or less.

You can easily be pre-qualified and pre-approved to start the mortgage process by filling out our Quick Application, or contact us direct.

Opt In Image
Stay Informed, It's Your Money
Marimark Mortgage Newsletter

The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.

We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.

Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.

Thank you for signing up!

Filed Under: Tampa, FL Tagged With: Tampa Mortgages

Opinions, estimates, forecasts and other views contained in this page do not necessarily represent the views of Marimark Mortgage or its management and should not be construed as an offer to provide financing at the rates or terms mentioned. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval. Although Marimark Mortgage attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. Information from this page may be used with proper attribution.

Save with a Mortgage from Marimark

Whether you are buying a home or refinancing, you can save with a mortgage from Marimark Mortgage!

    Search

    Post Categories

    Testimonials

    Refinancing with Mary an absolute pleasure

     
    Refinancing with Mary has been an absolute pleasure. I have never been through the process before and she took the time to explain each step. She was prompt (had a rate locked in right away) and most importantly always answered the phone or emails almost immediately! The communication line alone made the refinancing process every bit worth it. Would recommend to anyone, and will be back for any future purchases! Bret Brennan, March 2021
    See More Reviews
    Marimark Mortgage LLC
    5327 Primrose Lake Circle
    Tampa, FL 33647-1328
    (813) 910-8020
    (866) 910-8020

    Accessibility
    Privacy Policy
    Terms of Service
    Sitemap

    Reviews

    Website Testimonials
    Google Reviews
    Zillow Reviews
    Trulia Reviews
    Facebook Reviews
    Yelp Reviews
    BBB A+ Rating

    FOLLOW US

    • ‎
    • ‎
    • ‎
    • ‎
    • ‎
    • ‎
    Marimark Mortgage is a BBB A+ Accredited Business

    Recent Posts

    • Top Home Loans for Single Moms
    • Documents Needed for a Pre-Approval Letter
    • FHA Announced a 30-Basis Point Reduction to Annual Mortgage Insurance Premiums
    • How Can You Improve Your Credit Score?
    • Historical Mortgage Rates From The 1970s

    © 2023 Marimark Mortgage, LLC All Rights Reserved. | Internet Marketing by Image Building Media. | RSS Feed

    Reviews / Recommendations: Google, Zillow, Trulia, LinkedIn, Facebook, Yelp, BBB

    Licensed in Florida by the Office of Financial Regulation, Mortgage Lender License #MLD77.
    Licensed in Virginia by the Virginia State Corporation Commission, License MC#4556.
    Licensed in Pennsylvania by the Department of Banking and Securities, License #40222.
    NMLS#248318 – www.nmlsconsumeraccess.org.