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Tampa Branch

With its perfect mix of historic architecture and modern landmarks, Cuban and Spanish culture-infused flavor, vibrant business districts, beautiful waterways and beaches, Tampa is a wonderful place to work, play and unwind.Land Home Financial Tampa

Its downtown has come alive in recent years with more urban parks, including the gorgeous Tampa Riverwalk, more hip bars and innovative restaurants and amazing restorations to turn-of-the-century buildings

Tampa is known for being a great city for all ages and tastes, offering hotel accommodations that fit any budget and catering to everyone from the families to outdoor adventure seekers to foodies and wine connoisseurs. Once known as a melting pot for all cultures and settlers, Tampa remains a welcoming place for those seeking fun, opportunity and a chance to try new things.

New Homes TampaFor its 2018 Housing Forecast, realtor.com rated the top 100 markets according to factors including employment growth, household growth and unemployment. In all categories, Tampa Bay fares considerably better than the national average. The biggest demand will continue to be for “moderately priced homes” under $300,000.00.

The one category in which the bay area especially shines is new-home starts, predicted to soar by more than 20 percent next year.

That would ease one of the biggest constraints on the local real estate market — a shortage of homes for sale.

This will help increase inventory because it creates new homes for existing homeowners to trade up to and frees up existing homes. Tampa is not expected to have brisk sales growth but 1.3 percent is a pretty healthy market from the sales side.


6 New Years Resolutions for Homeowners

For-Keeps New Years Resolutions for Homeowners

We all make New Year’s resolutions, but let’s be honest, most are wishful thinking. By February, that “lose 20 pounds” or “learn Spanish” resolution has gone right out the window.

But not for you, new homeowner. This year is different.

Your first 12 months of homeownership set the tone for the entire journey. With just a few smart decisions, you can save money now and get more out of your investment later.

So make room on that list between “run a 5K” and “travel more.” Here are essential New Year’s resolutions for new homeowners.

1. Start an emergency fund

Homeownership has a funny way of costing more than you think. An emergency savings fund provides a financial safety net, and your new home is the perfect reason to start one.

Remember, if the furnace quits on a cold night, there’s no landlord to call. Laid off unexpectedly or surprised by major car repairs? Mortgage payments are still expected on time and in full. Without an emergency fund, these expenses could force you into credit card debt or worse.

Ideally, your emergency fund should cover several months of expenses, but it’s OK to start small. Set aside a portion of every paycheck with the goal of saving $500 as quickly as possible, and then contribute as much as you can moving forward.

2. Take a closer look at your homeowners insurance

Just because a standard homeowners insurance policy satisfied your lender, it doesn’t mean you’re adequately covered.

“Homeowners insurance isn’t one-size-fits-all. There are unique coverage options and, more importantly, ‘exclusions’ that homeowners need to be aware of,” says Ryan Andrew, president of The Andrew Agency, an independent insurance agency in Richmond, Virginia.

Does your policy cover the full cost of your jewelry or other valuables? Are disasters like earthquakes and floods excluded? Will the policy pay if your dog bites the new mailman?

“Your home is usually your biggest asset,” Andrew says. “Spend a few minutes reviewing your coverage and exclusions, and ask questions so you understand your policy.”

3. Get an energy efficiency audit

Heating, cooling and powering a home isn’t cheap. Why be uncomfortable or spend more because your house wastes energy?

After the dust settles, you may notice more about your home, particularly if you bought new construction, says Jessie Ferguson, director of operations at Renewable, a home energy consulting company. Maybe the air smells funny or one bedroom is colder than the others. She recommends getting an energy-efficiency audit rather than guessing at the problem.

Using blower door tests and infrared cameras, energy audits measure air leaks and detect air infiltration or missing insulation. Audits are performed by utility companies, city governments and some contractors.

“An energy audit is an inexpensive way to get real information about your house. They’ll tell you which fixes will deliver the best bang for your buck,” Ferguson says.

In addition to lowering your utility bills and making you more comfortable, a more efficient home may end up putting free money in your pocket, thanks to local, state and federal rebates.

4. Consider a home warranty

If the appliances in your new home are near the end of their life cycles, a home warranty may help shield you from the cost of replacement.

Also called home service contracts, home warranties are annual agreements that offset the repair or replacement cost of major home components and appliances.

Approach home warranty companies with caution, however. Read customer reviews and avoid gimmicks that seem too good to be true. Like insurance policies, home warranties are full of fine print, and homeowners often fail to realize what’s excluded until they try to make a claim.

“They can be helpful in the first year of homeownership, when you have so many other things to think about and pay for,” Ferguson says of home warranties. “Just make sure you know exactly what you’re getting.”

5. Create a disaster kit with a home inventory

Your new home is your castle, but it’s not indestructible. A disaster kit that includes financial documents and a home inventory will speed up recovery if the unthinkable happens.

A home inventory can be as simple as snapping pictures of big-ticket items in your home, or you could record items, brands, original prices, ages and condition in a spreadsheet.

No matter which method you choose, a home inventory is the best way to make sure you have enough insurance coverage to replace your valuables, Andrew says.

Store the inventory, along with copies of your personal identification, credit card information, vehicle records and other important documents, in a fireproof safe or another place that’s easily accessible if you have to evacuate.

6. Make a plan to build equity

Unless you bought your home with cash, it will be many years until you own it outright. Make plans now to build equity faster, you can unlock more benefits of homeownership even sooner.

Equity is a fancy word for “how much of your house is paid off.” Home equity is a valuable asset; accrue enough and you can use it to finance major renovations or pay off student loans.

You can build equity slowly just by making your monthly mortgage payments, or you can find ways to speed up the process. For example, take on smart home improvements or switch to biweekly payments to get “equity rich” even faster.

We’re here to help and answer any questions – Click Here to get Connected


Your Preferred Community Lender

The Heart of a Community Based Lender

Core Values & Mission

The heartbeat of Land Home Financial is promote and live by a community-based philosophy with our external customers and our internal community. We’re committed to servicing our customers by providing home loan options that best fit their needs. Behind every loan is a person, a family, and a home within a community, which is why we all work so hard for those seeking real estate financing. Each customer is a member of the Land Home community.

Land Home Financial

When the transaction funds, the relationship continues because we retain almost 100% of our servicing. Land Home Financial is also committed to servicing its community of employees. Looking for ways to make our company excel is always a priority. Exceptional, stronger resources and new helpful tools are always on the agenda as Land Home Financial pursues ways to rise above competition. Suggestions and feedback provided by Land Home Financial employees is valued and helps in shaping the course for change when there is a benefit for all.

Plans for the Future

Maintaining a sustainable business plan for growth is always a main priority. Where many mortgage companies may retract their expansion goals or stop them altogether, Land Home Financial has positioned itself to stay on the course for opening branches in more markets across the country. Not only does the business plan contain new office expansion, but new division expansion as well. Doubling the footprint of the Land Home Financial brand nationally is a goal we plan to achieve. Land Home reinvests in the company, raising the quality of all facets of the enterprise to attract Loan Officers and Operational staff to help Land Home become an even stronger entity.

Land Home Invests in PeopleHaving been in the business for over 30 years has taught Land Home’s leadership how to be strategic in making business decisions that support the company business plan. Two key components that make Land Home a great place to join: Our company is fiscally secure, and our employee community is loyal and shares the same vision to accomplish goals together.

Who is Land Home Financial

Land Home is a privately-owned mortgage banker, opened in 1988. The leadership, together with employees (not a room full of shareholders), make the important lending decisions at Land Home. Our business decisions are rooted in common sense, experience, and knowledge. At Land Home we have a dedicated compliance team to offer guidance in the choices we make. We are a company that invests capital to fuel growth (rather than generate profit divided among a few).

Our customers and our employees are our greatest assets. Our common goal is to do what is in the best interest for every customer we have the opportunity to serve.

 


Have You Considered Refinancing?

A tight budget, an expensive home renovation and the desire to get your home paid off quicker are all good reasons to refinance your home. But what does refinancing your home mean and how can it help you achieve your financial goals? Take a look at the definition of home refinancing and what it can do for you:Refinance with land Home financial

What is Refinancing?

When a homeowner is refinancing, it means the homeowner is attempting to acquire a new mortgage for their home. The new mortgage pays off the original mortgage, usually giving the borrowers a better interest rate and/or a shorter term, or even cash.

Why Refinance?

  • To Lower the Interest Rate– Most mortgage lenders say that shaving even .50% off of a mortgage interest rate is a good enough incentive to consider refinancing. The long-term savings by getting a rate reduction can outweigh the cost of a mortgage refinance.
  • Shorten the Term of the Loan– The most common mortgage terms are 15-year and 30-year. In some cases, with a lower interest rate, getting a new 15-year can leave monthly payments very similar to what they were at the 30-year mortgage rate inevitably getting the home paid off much quicker. Changing from an ARM to a Fixed-Rate – Adjustable rate mortgages can offer lower interest rates at times. However, an arm isn’t for everyone. When homeowners need to control their monthly budgets with a more steady payment, changing to a fixed-rate mortgage when rates are low may be the best way to go.
  • Draw From the Equity– Sometimes homeowners need large sums of money to cover expenses such as a remodeling project, school tuition, or to consolidate other debts like credit cards and auto loans. It’s important to evaluate overall financial health and spending habits before tidying up other debts and expenses using your mortgage.
  • Eliminate PMI– Another possible benefit to refinancing is the elimination of private mortgage insurance. If the original down payment on the home was less than 20% PMI is usually required by the lender. A borrower may be able to refinance and if the value of the home has increased enough, thus eliminating PMI.

Points to Consider

  • Cost of the refinance– Application fees, title fees, lender closing fees, and loan origination fees are all costs to look into before deciding to refinance. Lenders, like Land Home Financial will help homeowners figure out when and if the costs would be recuperated.
  • Overall Financial Health– If the main goal of the refinance is to pay off the mortgage earlier, borrowers should also consider their other financial goals. The ability to save appropriately for retirement and pay off other higher interest loans should be factored into the decision to refinance. If refinancing doesn’t affect the monthly payment very much, refinancing could be just the ticket to achieving personal financial success.
  • Requirements– Contact Land Home Financial to find out the requirements for refinancing.

Final Words

By working with a trusted residential mortgage lender, homeowners can find a loan that is tailored to their specific financial situation, offering just the right term and interest rates. The refinancing process will operate quickly and smoothly, giving them true financial security and peace of mind.

Office Location: 5328 Primrose Lake Circle Tampa, FL 33647


6 Tips for Hosting Thanksgiving

Host Like a Champ!

FB_Thanksgiving_leaves_2018Whether it is your first time hosting or you are a Turkey-serving veteran, Land Home Tampa realizes hosting a Thanksgiving dinner can be a lot of work. However, if you keep organized, hosting Thanksgiving in your home can be a wonderful experience, full of happy memories.

1. Never turn down help.

Land Home can help you with home buyingThe beauty of Thanksgiving is friends and family coming together. There is no reason for you to be in the kitchen by yourself! Divide and conquer. Don’t be afraid to delegate those side dishes. It will make the day all the more memorable having everyone be a part of the process.

2. Prep!

Avoid those “When will the food be ready?” questions by planning your menu ahead of time. There may even be a few dishes you could make the night before. If not, look for ways to cut down on prep time early like peeling the potatoes, chopping the vegetables, or toasting the nuts.

And don’t forget the place settings! You can also prep the non-food tasks beforehand. Set your table the night before to eliminate one more task the day of.

3. Stick to what works.

Land Home First Time home buyer helpThanksgiving is all about the classics so it may not be the best time to experiment with a new recipe. If you want to spice up the menu, try a practice round a week or two before to work out the kinks.

4. Don’t stress over appetizers.

Fancy appetizers can be overkill—you don’t want your guests getting full before dinner!  Some crudités or store-bought cheese and crackers are perfect for your guests to nibble on before the main event.

5. Store bought is okay!

Making everything from scratch is a wonderful gesture but it is usually too much work for one person. If you haven’t delegated a few things to some guests, don’t be afraid to buy freshly baked rolls or a pie from your favorite bakery.

6. Enjoy the company of your family and friends!

Land Home Financial Helping families celebrateAt the end of the day, Thanksgiving is about being thankful. Be sure to take a moment to relax and enjoy sharing a meal with those you love. Down the road, your guests will remember the laughs and the stories much more than they will remember the meal.

We hope that our tips on hosting a memorable Thanksgiving in your home have helped you, Happy Thanksgiving from all of us here at Land Home Financial Services, Inc.


Choose Land Home Financial as Your Preferred Builder

Preferred Lender for All Builders

What we found working with many other builders is that they usually have their own lender and then a list of three preferred builder lenders to choose from if their in-house lender cannot approve them they select from the Alternative List.

preferred builder lender

As a builder you can’t afford to NOT have us as one of your Preferred Lenders and here’s why…

  • We’re a Direct Lender – servicing our own loans
  • 4% Grant for primary home buyers up to $454,100.00
  • We offer both state and local bond assistance programs
  • Our “Power Purchase” program with 1% down for frst time home buyers
  • USDA, FHA & Conventional Loans
  • VA loans with no lender fees
  • We have a Builder Processing Center specialized for builders providing status updates
  • We offer extended rate lock for 6-months during the building process

We Help with “Turn Downs”

Additionally, we have an about a 70% conversion rate on “turn downs” from already built homes from the following builders: Lennar, Pulti, Park Square, KB Homes, DR Horton, Snow Construction, Meritage, Minto & Toll Brothers and am very confident we can do the same with your organization.

*Please note all percentages and statements are subject to change based on regulations that may arise. The use of hypothetical, predictive, and current statements, by Land Home Financial Services, are meant to illustrate current operation standards.


Dollars & Sense Buying a New Home

Benefits Buying a New Home

The emotional appeal of a brand-new, never-been-lived-in home is undeniable, but did you know that buying a new home has a host of financial advantages? As long as you stick to the timeline and budget you’ve set, your home search should be just like anyone else’s. Throw yourself into the exciting process of finding your dream home!

Less Maintenance

Home Mortgage from Land Home Financial Tampa for Maintenance savings for New HomesThe cost of maintenance is something many homebuyers overlook. If you buy new, you likely won’t need to replace the furnace, windows and other essentials for years to come.

Energy efficiency

Home Mortgage from Land Home Financial Tampa for Energy Efficient New HomesWhen you buy an existing home, you run the risk of getting poor insulation, drafty windows and used appliances. Newer homes tend to have more energy efficient features, which could save you on energy costs in the long run.

Design Choices

When you buy new, you have the power to build your dream home to match your individual tastes and lifestyle. Why settle for someone else’s taste in bathroom tile when you can choose every detail for yourself? Bonus: the cost of upgrades can be rolled into a 
mortgage payment, allowing you to avoid expensive out-of-pocket renovations down the road.

Warranties

Land Home Financial Tampa While warranties are less common on existing homes, they are very common on new homes. This can be a huge benefit for buyers who don’t necessarily have money set aside for unplanned home repairs.

Insurance Premiums

Because new homes have modern plumbing, wiring and HVAC equipment, insurance companies tend to view them as a lower risk than older homes—a difference you could see in your premiums.

Whether you decide on a buying “New Home” or moving into a home built already, we can help provide the very best mortgage loan that fits your situation. Homeownership is a part—the essential part— of the American Dream. That’s a dream worth working toward.

Get Started on the application for Pre-Approval Amount: Click Here to Begin with Tommy

 


Deciding the Best Place to Live

How to Decide on the Best Place to Live

Home is where the heart is so here are the most important factors to help you find a home that suits the needs of you and your family.

If you’re single, living in a bustling city might be an ideal choice for your next home. If you have a family, on the other hand, a small town offers amenities that your kids will love.

1. Affordability

No matter what your pay grade is, living comfortably and within your means should be your first concern. Affordability includes more than just housing expenses; the prices for consumable goods, like groceries, vary greatly from town to town. The price of gasoline, utility services including electric and water, and taxes, also varies.

2. Taxes

There are 40 states provide property tax credits or homestead exemptions that can provide homeowners with some additional tax relief. Consider local sales tax, income tax, and tax credits and exemptions when you’re looking for the perfect place to live.

3. Employment Opportunities

Employment opportunities vary from state to state and city to city, so spend some time researching the job markets in different areas of the country. Start by analyzing quality employment opportunities within your industry, then determine where the highest concentration of these jobs are located. Income levels for jobs can vary greatly from state to state. Do your research before you move, and ideally, find a job before you relocate.

4. Real Estate Value

Since buying a home is the single largest investment you will probably ever make, you need to seriously consider this factor. With real estate in a constant state of flux, it’s important to research current home prices, the length of time homes are for sale, the resale values of homes, and probable long-term value estimates.

5. Crime Rates and Statistics

No one wants to live in a high-crime area, but that doesn’t mean that everyone can live in a Utopian society where crime never happens. By researching the crime rates and statistics for various areas, you can learn more about the safety of a town or neighborhood.

Keep in mind that just because an area is safe today does not guarantee that it will be safe in the future. The long-term stability for a neighborhood can be a determining factor in how safe your surroundings are. Also, consider the future development of a particular location as you narrow down your choices.

6. Proximity to Family and Friends

If extended family and friends are important to you, choose a place either within driving distance or within a reasonable distance by plane. Otherwise, you’ll constantly feel torn, and likely spend all of your vacation time and energy shuttling back and forth to visit friends and family.

7. Climate

The climate plays a large role in our lives as it impacts our hobbies, behavior, and sometimes even our jobs. Living in the climate in which you are most comfortable contributes to your mental health, so choose wisely!

8. Education System

A good education is essential to setting up children to better handle the rest of their lives, so the importance of good schools cannot be overstated.

9. Culture

If you crave constant cultural stimulation, you definitely want to choose a place that has a lot of cultural offerings. Many people need to be near their favorite team, or a vibrant music scene or the theater. If you have a favorite hobby or recreational activity, make sure that you can continue to pursue these interests in your new home. Finally, if you enjoy being around a specific religious or ethnic community with your same beliefs and interests, this should be a factor in where you choose to live.

10. Commute Time and Public Transportation Options

The explosive growth of the suburbs surrounding metropolitan areas have made commuting times in many areas unbearable. The length of time it takes to get to work can be a determining factor in the decision to move to a new locale. A good public transportation system is a major plus when choosing a place to live.

11. Food Options

If you’re a foodie, you may want to try to find a place to live near the ocean or near a metropolitan city center. Grocery store fare, while plentiful, doesn’t replace the quality of fresh food from the ocean or fresh produce from the farmers’ market. If eating locally and sustainably is important to you, consider whether you can pursue this lifestyle in your new home.

12. Town or City Size

If you enjoy a friendly wave from everyone you pass while driving to the post office, then a smaller town is definitely for you. If you wish to remain relatively anonymous, a larger town or a big city is better suited to your personality.

13. Healthcare Facilities

Healthcare facilities are important at any stage in life, but they are especially relevant if you have children or if you are nearing retirement age. Easy access to good healthcare can increase your quality of life exponentially, so be on the lookout for towns and cities with good hospitals and medical schools. Often, there will be a correlation between cities and the quality of the healthcare.

14. Proximity to an Airport

If you travel a lot, you may need to live within close proximity of an airport. If you live more than an hour away from the closest airport, traveling to and from the airport can become very time-consuming and expensive. If you spend a healthy amount of time traveling, definitely consider the distance to the airport.

In closing

The reality of choosing a new place to live encompasses an incredibly large series of factors, all competing for your attention. In order to be successful in your search, you must determine what is most important to you and your family, do your homework, and then continue to be vigilant in your search until you find the right place to live. It can be intimidating and frustrating at times, but all that effort is worth it in the end once you are settled in your ideal location. Happy hunting!


Down Payment Assistance Program for Heroes

House2Home Community Plus

Armed Forces Down Payment Assistance Home LoanHere at Land Home Financial Tampa, it’s our honor to offer up to 6% in down payment assistance on Conventional Loans in the form of an interest-free soft second forgiven over a 3-year period for our hometown heroes!

Who is eligible:

  • Peace Officers, Sheriff, Border Patrol Agents, Correctional Officer, others serving in a Law Enforcement capacity, including administrative staff
  • Firefighters, Cal Fire, paramedic, Emergency Medical Technicians (EMT), including administrative staff that supports firefighters
  • Current member of a State Teachers Retirement System or University Retirement Plan, employees of an accredited Private, Charter, or Public School district or State University, Junior College or Private College, including school administration and staff
  • Medical personnel including Doctors, Nurses, phlebotomist, health ambassador, hospital/clinic, American Red Cross employees
  • Civil Service (Federal, state, or local municipality) employees
  • Military Service, Air Force, Army, Coast Guard, Marine Corps, Navy employees (both active and retired)

Assistance Program for HEROES Benefits:

  • Can be used for down payment and/or closing costs
  • Not limited to first-time homebuyers
  • Types of properties allowed: single family, condo, and manufactured
  • No sales price limits

**Available for purchase of a primary residence. Subject to Income and Loan Amount limits. Other limitations and/or requirements may apply. Land Home Financial Services, Inc., NMLS #1796. www.nmlsconsumeraccess.org The rates and fees are subject to change without notice. This advertisement does not represent a commitment to lend.

Office Location: 5328 Primrose Lake Circle Tampa, FL 33647


20 Reasons to Join Land Home Financial

20 Reasons to join LHFS

Land Home is a privately-owned mortgage banker, opened in 1988. We strive to promote and live by a community-based philosophy with our external customers and internal LHFS community. Land Home Financial is committed to servicing its customers by providing home loan options that best fit their needs.

Does Your Company do the following:

  1. Service over 90% of your closed loans?
  2. Send monthly mortgage statements with your picture and contact information?
  3. Pay you a yearly Residual bonus on your serviced loan volume, year over year?
  4. Pay you same BPS on all funded loans including DPA’s and Bond Loans? With NO pay tiers!
  5. Have payroll cycles that DO NOT end on last day of the month? (This is huge)
  6. Offer a zero-employee cost health insurance plan for employee only coverage?
  7. Allow MANUAL U/W down to 580 on FHA & VA loans
  8. Have zero hits to price due to credit score or loan amount on FHA & USDA loans above 620?
  9. Have zero price hits due to credit score or loan amount on VA loans over a 600?
  10. Respect our Veterans by not charging any lender fees on VA Loans?
  11. Is the Master Servicer of their own Down Payment Assistance suite of products?
  12. Offer a 1% down Freddie loan with lender paid MI?
  13. Offer DPA products down to a 620 score?
  14. Offer a full suite of products for Manufactured Housing, including Construction to Perm?
  15. Have an internal appraisal desk, thus eliminating the need for an AMC?
  16. Has their own US based Contact Center that will call on behalf of your realtors to invite the public to their Open Houses?
  17. Have a Boarding Department resource that helps you navigate and get acclimated during your first 120 days.
  18. Has a one-page sheet of internal overlays? We U/W to the AUS Findings!!
  19. Have over 5 Billion dollars in their Servicing Portfolio? Significant monthly cash flow!!
  20. Locate your branch on “Main Street” in your community?

How many NO’s did you come up with? At Land Home Financial, we say YES to all of these and more.

With all these features, could you see yourself making more money? We would enjoy the opportunity to have a confidential conversation to see if Land Home Financial is a fit for you!

 

 


Experience the Difference

Experience the Difference

At Land Home Financial we pride ourselves on smart communication to our buyers and expediting the process as efficient as possible. Experience the Difference with Land Home Financial and allow us to find you the perfect home mortgage product.

Land Home Financial VA Loan

Meet Ms. Annie M.: A spouse of a veteran that used her deceased husband’s VA eligibility.

We were able to offer her our Amazing VA Loan Program and the mortgage transaction closed with no lender fees, no down payment, no PMI and no funding fee.

VA Loan Land Home Financial

 

Meet Nicholas K! Land Home Financial Down Payment AssistanceHe was able to take full advantage of an “exclusive” option to Land Home, our HOUSE2HOME mortgage product!

He was able to save thousands with this down payment assistance program. Feels great helping like we do!!

House2Home Land Home Financial

Before you get started, call us (813) 918-1620, we’ll do our diligence to get you pre-approved quickly and guide to the best home mortgage product for your situation. By being a Direct Community Lender, we simply provide programs that other lenders simply cannot offer!