11 Top-Notch Mortgage Brokers in Tampa

Tampa’s real estate market is hotter than ever, making it the perfect time to dive into property—whether you’re dreaming of a new home or looking to create a stream of passive income. Either way, financing property in the Sunshine State means finding the right support to guide you through the process. 

After some deep research, we’ve rounded up the top mortgage brokers in Tampa, Florida, each highly recommended to make your mortgage journey smoother and more successful. Read on to get all the necessary information.

Who Are the Best Mortgage Brokers in Tampa, Florida?

Our top choices have it all: experience, connections, licensing, and splendid customer service. Below you can check the table for more info.

If you're looking for more information about brokers in other cities across the state, we also offer comprehensive guides for Top 21 Licenced Mortgage Brokers in Florida - Kredium. Feel free to explore them for more insights.

1. Blue Grey Mortgage 

Blue Grey Mortgage is a well-regarded broker in Tampa known for its hands-on, personalized service that aligns with clients’ unique financial needs. They offer a wide variety of loan options, making it easy for homebuyers to find the right fit. With their experience and care, they streamline the process for first-time buyers and seasoned homeowners alike.

2. Kredium

Kredium is an international mortgage broker that focuses on providing solutions for expats, non-permanent residents, foreign nationals and citizens alike. If you’re looking to buy, refinance or release equity on a property in Florida, Kredium is the place to be. We offer various loan options and professional advice that will streamline the process and make sure that you get the best rates possible.

3. Bliss Mortgage

Bliss Mortgage has earned a stellar reputation in Tampa for its quick loan processing and attentive service. Their team is dedicated to simplifying the refinancing and home-buying experience, ensuring clients get the best options. With a client-focused approach, Bliss Mortgage makes complex financial decisions feel effortless.

4. The Orlicki Group

The Orlicki Group is a top choice for those seeking customized mortgage solutions that fit their specific needs. Known for their deep understanding of loan options, they are especially helpful for clients who need a personalized approach. Their friendly and knowledgeable team makes securing a mortgage stress-free.

5. Jen Martinez Mortgage

Jen Martinez Mortgage is popular in Tampa due to Jen’s approachable and supportive style, making her clients feel comfortable and informed. She combines market expertise with genuine care for each client’s journey. Her clients appreciate her commitment to finding the best solutions for their financial needs.

6. Marimark Mortgage

Marimark Mortgage is known for its transparent and trustworthy approach in Tampa's mortgage market. They emphasize clarity throughout the entire process, so clients feel informed every step of the way. Marimark’s support doesn’t end at closing, which clients find invaluable for long-term peace of mind.

7. Heckman Mortgage Group 

Heckman Mortgage Group is a standout in Tampa for offering an impressive array of loan products tailored to diverse financial situations. They prioritize client education, helping each borrower understand their options. With a knowledgeable team, Heckman Mortgage Group empowers clients to make confident decisions.

8. Jonathan F. Howard

Jonathan F. Howard is celebrated in Tampa for his highly personalized approach to securing mortgages. Known for finding competitive rates and terms, Jonathan takes the time to understand each client’s unique situation. His dedication to client satisfaction has made him a trusted name in the industry.

9. Mortgage Approval Group 

Mortgage Approval Group specializes in tackling even the most complex financial situations, earning a strong reputation in Tampa. Their responsive team provides seamless support, guiding clients through each stage of the approval process. They excel at making a complicated process simple and stress-free.

10. Bay to Bay Lending

Bay to Bay Lending’s straightforward approach has helped countless clients feel comfortable and informed in their mortgage decisions. Known for efficiency, Bay to Bay is a trusted choice among Tampa homebuyers.

11. PRMG

PRMG combines innovation with a broad range of mortgage products. They focus on leveraging technology to enhance client experience, providing a smooth and user-friendly process.

Benefits of Getting a Mortgage in Tampa, Florida

Tampa’s real estate market is booming; as of September 2024, the median home price in Tampa was $447,000, reflecting an 8.2% increase from the previous year. This upward trend shows that Tampa's real estate market is on the rise, hinting at even better resale value and future appreciation.

Plus, since Florida doesn’t have a state income tax, homeowners here get to keep a bit more in their pockets, making those monthly mortgage payments feel a little lighter. Not to mention that by getting a mortgage, you’re not just buying a home—you’re building equity, an investment you can tap into down the road. 

Tampa also has pretty competitive interest rates, thanks to a mix of both local and national lenders vying for business. Working with a local mortgage broker also means you can get loan options specifically tailored to the Florida market, making things simpler and often more affordable. All in all, buying a home here is not just about finding a place to live; it’s a chance to invest in something that could pay off in more ways than one.

RELATED: Top 10 Licensed Mortgage Brokers in Miami - Kredium

Types of Mortgages You Can Get in Tampa

There are different types of mortgages you can get in Tampa. Below are some of the types you’re most likely to encounter.

• Conventional Loans: These are not backed by the government and typically come with flexible terms and competitive rates, though they often require a higher credit score and a larger down payment.

• FHA Loans: FHA loans are insured by the Federal Housing Administration and are ideal for first-time buyers or those with lower credit scores. They offer smaller down payments, which can be helpful if you're just starting out.

• VA Loans: If you're a veteran or active-duty service member, VA loans are an excellent option. Backed by the Department of Veterans Affairs, they often come with zero down payment and lower interest rates, making homeownership more accessible for military members.

• USDA Loans: For those interested in buying a home in more rural or suburban areas around Tampa, USDA loans offer no down payment and low interest rates. These loans are backed by the U.S. Department of Agriculture and are designed to encourage homeownership in less densely populated areas.

• Jumbo Loans: If you’re eyeing a higher-end property that exceeds Tampa’s conventional loan limits, a jumbo loan could be the way to go. These loans come with stricter credit requirements but allow you to finance luxury properties that a standard mortgage wouldn’t cover.

Each of these options offers unique benefits, so it’s a good idea to talk with a local mortgage broker who can help identify the best loan for your needs and financial situation.

Steps to Getting a Mortgage in Tampa

Navigating the mortgage process in Tampa doesn’t have to be overwhelming. Here’s a simplified guide to help you get started:

Step 1: Check Your Credit Score and Determine Your Budget

Your credit score plays a big role in determining what kind of mortgage you’ll qualify for. Start by checking your score and addressing any issues. A higher score generally means better rates, so it’s worth looking into this early on.

Calculate how much home you can afford based on your monthly income, debts, and lifestyle. It’s smart to use a mortgage calculator to get a ballpark figure for what you can comfortably pay each month.

Step 2: Choose a Mortgage Broker 

Picking the right mortgage broker is a big step in buying a home since they’ll guide you through loan options and help you score the best rates. When comparing mortgage brokers, look for someone with great reviews, clear fees, and solid knowledge of the Tampa market so you know you’re getting a deal that fits just right. A good broker will keep things simple, answer your questions honestly, and make the whole process feel easy and stress-free.

Step 3: Gather Documentation and Get Pre-Approved

Pre-approval is essential before you start house hunting. Lenders will typically ask for documentation like your proof of income (pay stubs or tax returns), bank statements, and ID. Pre-approval gives you an idea of your loan amount and shows sellers you’re serious. Plus, it helps streamline the process later on.

Step 4: Factor in Fees and Choose the Right Mortgage

There are several fees involved in getting a mortgage, such as application fees and appraisal fees. Certain mortgage brokers like Kredium don’t charge any fees for their brokerage services, but others do, so make sure to take potential broker fees into account too.

Reviewing your options (like FHA, VA, and conventional loans) with your mortgage broker can help you find the best fit. A good broker will help you understand which fees apply to your situation and if there are any you can negotiate.

Step 5: Find a Home and Make an Offer

Once you’ve found your dream home, work with your real estate agent to put in a competitive offer. Your pre-approval letter strengthens your offer, showing the seller you’re ready to move forward.

Step 6: Complete the Loan Process

After your offer is accepted, it’s time to finalize the loan. Be prepared to provide additional documentation, undergo an appraisal, and possibly have the home inspected. Your broker can guide you through any last-minute paperwork and help with additional forms if needed.

Step 7: Close the Deal

This is the final stretch! At closing, you’ll review and sign the last documents and pay any closing costs, which typically include the appraisal fee, title insurance, and any remaining broker fees. After that, the keys to your new home are yours!

FAQ

What are the fees and costs associated with mortgage brokers in Tampa?

The fees for mortgage brokers in Tampa typically include an origination fee, which is usually 1-2% of the loan amount, along with possible appraisal, credit report, and application fees.

How do I choose a mortgage broker in Tampa?

Choosing a mortgage broker in Tampa involves researching brokers with strong local reviews, checking for licensing, and finding someone who offers clear communication and understands your financial goals.

Is it cheaper to get a mortgage through a broker or directly from a bank?

It can often be cheaper to go through a broker, as they shop around for competitive rates, but some banks may offer discounts to existing customers, so it’s worth comparing both options.

Conclusion

Getting a mortgage in Tampa, Florida, opens up a world of opportunities, whether you’re a first-time buyer or someone looking to invest in high-end properties. With a variety of mortgage types available and expert brokers ready to help, the process doesn’t have to be complicated. 

Kredium is there to help you finance your new home in Tampa. Our dedicated team of expert mortgage brokers has years of experience under its belt and is ready to fight hard to get you the best possible rates and terms. We offer you a streamlined mortgage process that takes stress out of the equation and introduces confidence, efficiency, and excellence. 

If you’re ready to kickstart your Tampa homeowner journey, let us be your first step. Contact Kredium to get more detailed info. Meanwhile you can take a look more subjects we covered:

• Top mortgage brokerage companies in the US

• Mortgages: all you need to know

• Mortgage loan origination systems

• Top 10 Licensed Mortgage Brokers in California
  

Photo credits | Pexels