If you want to get the best deal on your mortgage, we have the realtor secrets to obtaining the best financing rates in Tampa. In our exclusive special report titled “3 Tips to Obtain the Best Financing When Buying a Home” we divulge all the details you need to know when it comes time to shop for a mortgage.

In the meantime, here are 3 tips to get the best financing rates in Tampa:

1. Get pre approved for a mortgage before house hunting
2. Receive Preferred Access to special low financing
3. Use a house hunting service to beat out the competition

1. Get Pre-Approval for the Best Financing Rates in Tampa

There are definite benefits to getting preapproved for a mortgage before you ever start looking for a house:

• It will give you a competitive edge over other potential homebuyers
• You’ll have a form of insurance against rising interest rates

Mortgage pre-approval is fast, easy and free. You’re under no obligation when you get a pre approval.

You can go one step further and get a written pre approval which is as good as money in the bank. This certificate guarantees a mortgage for a specific amount once you find your ideal home. When all other things are equal in a situation with competing bids, having a written pre approval will give you a competitive edge over the other bidders potentially saving you thousands of dollars. 

Another benefit of getting a pre approval is that if rates continue to increase, you will get the pre-approved rate. However, if the financing rates go down, you will receive the lower rate. You win either way!

2. Receive Preferred Access to Special Low Financing

Because of the volume of transactions they complete, some realtors are able to garner favor with lending institutions to get you special low financing. Lending institutions are eager to work with realtors who have exceptional reputations, so they may be willing to offer better rates than what you would receive without a realtor’s help. 

Not only that, real estate is a business of connections. The more connected your realtor, the more options you’ll have. An experienced agent will also be able to walk you through the whole process.

If you’ve never gotten a home loan before, it’s good to talk to someone who knows what it’s like. Realtors work with homebuyers on a regular basis. And seasoned agents have seen just about everything.

3. Use a House Hunting Service to Beat Out The Competition

For the convenience of their clients, some realtors offer a house hunting service. This service determines which homes you may be interested in based on your specific criteria. Armed with that information, you can then drive by these homes without the assistance of a realtor. Then, let your realtor know afterwards which homes you would like to view. 

This is a convenient way to look at homes without wasting more time or energy than necessary. Especially if you’re pressed for time, have an unusual schedule, or don’t like having to talk to someone while you view a home.

Get the Best Financing Rates in Tampa

Your Home Sold Guaranteed Realty Group of Southwest Florida can help you get the best financing rates in Tampa.

Don’t wait to secure your financial future and your dream home. Our expert realtors are ready to help you now. Call us at 239-880-3563 or fill out the form below for more information.