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  Melbourne Mortgage Company offers the lowest rates on mortgage home loans, refinance, second mortgages, and debt consolidation for Tampa Residents
 
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Tampa Loan Programs - Introductory Rate ARMs

A widely chosen mortgage loan program for Tampa area residents is an adjustable rate mortgage loan or ARM. This loan program is chosen so much because it has an interest rate which is two or more percentage points lower than a comparable fixed rate loan. However, one thing to keep in mind is that this rate changes at specified intervals (for example, every 6-12 months) depending on market conditions. If interest rates have gone up then your monthly mortgage payment will too, but if interest rates have gone down then your monthly mortgage payment will fall as well. Most adjustable rate loans have a low introductory or start rate, sometimes up to 5% below the current market rate of a fixed loan. This start rate is usually good from 1 month to as long as 10 years depending on the loan program you set up with Melbourne Mortgage Company and the Tampa home you want. As a rule the lower the start rate the shorter the time before the loan makes its first adjustment. We also offer Tampa residents combination loans which make use of both adjustable and fixed rates throughout the loan period. To find out more about the different loan programs offered by Melbourne Mortgage Company for Tampa residents contact us today at 321.837.0902.

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Welcome to Melbourne Mortgage Company

Melbourne Mortgage Company offers all the information you need to help you in obtaining a home loan or mortgage in the state of Tampa. Melbourne Mortgage Company is locally owned and operated to ensure you a friendly and hospitable environment, therefore Melbourne Mortgage Company is Tampa's professional mortgage broker of choice. We are also licensed to provide Tampa mortgages and home loans, Tampa jumbo loans, stated income and self employed in Tampa second mortgages and Tampa refinance loans, Tampa fixed rate mortgages, Tampa Debt Consolidation loans, and home mortgage loans in Tampa.


Refinancing is Easy With US!

For Tampa residents thinking about refinancing one of the first things you should do is analyze your savings. Check the market closely to determine the available rates and the costs associated with refinancing. These costs can include items such as an appraisal and other various fees and points. Then contact Melbourne Mortgage Company and we can help you determine what your new payment would be if you refinanced. You can estimate how long it will take to recover the costs of refinancing by dividing your closing costs by the difference between your new and old payments (your monthly savings). However, the ultimate amount you may save depends on many factors, including your total refinancing costs, whether you sell your home in the near future, and the effects of refinancing on your taxes. For more information on analyzing your savings and refinance costs for Tampa homes contact a Melbourne Mortgage Company representative today at 321.837.0902.

Benton County Real Estate Additional Tampa Refinance Information



Tampa Real Estate Information

At Melbourne Mortgage Company we offer real estate information in Tampa and the cities within. Below is a brief list of some key areas where we offer our services, please browse through the information given about the areas to help guide you in finding a great location. If the area you are currently searching for is not listed below, then please contact one of our mortgage and real estate professionals today at 321.837.0902.

 
 

Spanish explorer Ponce de Leon first arrived in the Tampa Bay area in 1513, but the Spaniards focused their attention on settling eastern Florida and left the western areas alone. In 1824, only two months after the arrival of the first American settler, four companies of the U.S. Army established Fort Brooke to protect the strategic harbor at Tampa Bay.

Development of the Tampa Bay region began after the territory became part of the United States in 1845. In spite of the blockade and Federal occupation during the Civil War, the area grew steadily. Henry B. Plant's 1884 railroad extension to the Hillsborough River provided access to new areas, and he built lavish hotels along his rail line to attract visitors.

Tampa owes its commercial success to Tampa Bay and the Hillsborough River. When phosphates were discovered nearby in the late 1880s, the resulting mining and shipping industries prompted a boom of growth and wealth that lasted through the 1890s. Tampa's port is now the seventh largest in the nation; today phosphate shipping is supplemented by trade in shrimp. A pleasure cruise line operates as well.

In 1886 Vicente Martinez Ybor established a cigar factory in Tampa. From the steps of Ybor's factory, José Marti, sometimes called the George Washington of Cuba, exhorted the cigar workers to take up arms against Spain in the late 1800's. Hispanic culture enlivens Ybor City, which covers about 2 square miles between Nebraska Avenue, 22nd Street, Columbus Drive and East Broadway.

The military has also had an ongoing role in Tampa's development. The city was the primary outfitting and embarkation port for U.S. troops bound for Cuba during the Spanish-American War. Today the U.S. Operations Command is headquartered nearby at MacDill Air Force Base.

In 1914 Percival Ellicott Fansler introduced the world's first scheduled commercial airline service with the St. Petersburg-Tampa Airboat Line. Piloting the airline's Benoist "flying boat" was Tony Jannus, the namesake of the Tony Jannus Award presented each year by the Tampa Chamber of Commerce for achievement in commercial aviation.

The advent of the automobile soon clipped Jannus' wings but was responsible for a large settlement wave that occurred 1923-26. Many subdivisions were built during this era; one of the most notable was Davis Island, a man-made island created by D.P. Davis. The elegant homes Davis built remain some of Tampa's loveliest.

The main Tampa downtown business district has grown phenomenally since the 1960s. Major banks and an increasing number of other corporations occupy large glass, steel and concrete buildings that tower high above the bay. The Tampa Convention Center, overlooking the Hillsborough River, offers meeting facilities and features an erupting fire and water sculpture. Thus Tampa has evolved into a multi-cultural, diverse business center with sustainable communities for its citizens. People of all ages arrive here to escape the worries and winters of wherever they came from, and an increasing number of them stay.

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