- golf@lendworkz.com
- (813) 299-3320
Tampa Bay mortgage lender — get a real rate quote in 24 hours
HomeReady is Fannie Mae’s low-down-payment conventional program — 3% down for qualified buyers, with reduced mortgage insurance that can be removed once you reach 20% equity. For Tampa Bay buyers with decent credit and moderate income, it frequently costs less over time than FHA.
Conventional minimums generally start around 620, and pricing improves meaningfully as your score rises. Because it is conventional, credit matters more than it does on FHA.
Eligibility is based on area median income for the property’s census tract, so it varies block to block across Tampa Bay — and some tracts are exempt entirely. It has to be checked against the specific address.
No. HomeReady is for owner-occupied primary residences. For rentals, a DSCR or standard investment loan is the path.
Frequently, yes — mainly because the mortgage insurance is lower and can be removed. But if your credit score is low, FHA may price better. It depends on your file.
No. HomeReady is available to repeat buyers who meet the income and occupancy requirements.
Golf Phuphanich brings years of hands-on mortgage experience, honest advice, and a personal commitment to every client guiding you from the first call straight through to closing day.
Golf secures the most competitive mortgage rates available saving you money every month and over the full life of your loan.
Golf offers free, no-obligation consultations to every client so you can explore your options without any pressure or upfront cost.
Golf monitors your loan long after closing keeping you informed about refinancing opportunities and market changes that could benefit your financial future.
Golf is always available to answer your questions providing dedicated, around the clock support throughout every stage of your mortgage journey.
HomeReady mortgage insurance is reduced compared to standard conventional and can be cancelled at 20% equity. FHA mortgage insurance, in most cases, stays for the life of the loan. Over a long hold, that difference compounds.
Qualified buyers can purchase with as little as 3% down — less than FHA’s 3.5%.
HomeReady allows income from a boarder or a non-occupant co-borrower to help you qualify, which opens the door for multi-generational households.
Eligibility is tied to area median income for the property’s census tract, so limits vary across Hillsborough, Pasco, and Pinellas counties. Some Tampa Bay tracts have no income cap at all.
HomeReady is usually the better fit when your credit score is in reasonable shape and you plan to keep the home more than a few years. FHA is usually the better fit when credit or debt ratios are the binding constraint. Golf runs both, side by side, with your actual numbers.
Golf Phuphanich works with buyers and homeowners throughout Tampa Bay from the Lendworkz LLC office in Lutz, FL: Tampa, South Tampa, Lutz, Wesley Chapel, Land O’ Lakes, Carrollwood, Westchase, Brandon, Riverview, New Tampa, and the surrounding Hillsborough, Pasco, and Pinellas county communities.
Call or text Golf at (813) 299-3320, or email golf@lendworkz.com. Golf Phuphanich — Broker NMLS #291838 | Lendworkz LLC NMLS #2780991. Equal Housing Opportunity.
