Spring Hill, FL Mortgage Broker

What buyers like about Spring Hill

Spring Hill is one of the most populated communities in the Tampa Bay area, and it is a lot more affordable than much of Hillsborough and Pinellas. Many buyers commute into Tampa on the Suncoast Parkway, while others are retirees who want a quieter pace.

Older block homes

A large share of Spring Hill homes were built in the 1980s and 1990s. They are often solid concrete block homes, but age brings a few things to plan for:

• Roof age. Insurers pay close attention to it, and an older roof can make insurance expensive or hard to find.
• Four point inspections. Common on older homes before an insurer will write a policy.
• Wells and septic. Some homes in the area use a well or septic system. Certain loan programs have requirements for those, and I will tell you up front what applies.

Veterans in Hernando County

A lot of veterans call Hernando County home. A VA loan is often the best fit, and if you already have one, a VA IRRRL may lower your payment when rates drop.

First-time buyers and retirees

FHA and conventional loans are popular with first-time buyers here. If you are retired with strong savings, an asset depletion loan can help you qualify based on your assets.

Popular loans in Spring Hill

• VA LoansLittle or nothing down for eligible buyers, no monthly mortgage insurance, and the strongest benefit most buyers will ever have.
• FHA LoansLow down payment and flexible credit guidelines. A go-to option for first-time buyers.
• Conventional LoansCompetitive pricing for solid credit, with options for second homes and investment property.
• VA IRRRL (Streamline Refinance)Refinance an existing VA loan to a lower rate with less paperwork. Often no appraisal required.