Mortgage Broker in Largo, FL
247 Home Loans helps buyers and homeowners in Largo, in the heart of Pinellas County. Whether you're buying a ranch home near Largo Central Park, a villa in a 55+ community or a condo near the Intracoastal, we compare purchase and refinance options from more than 20 wholesale lenders.
Where we help in Largo
- Downtown Largo and West Bay Drive: established neighborhoods around Largo Central Park
- East Bay Drive and Ulmerton Road corridors: single-family homes, townhomes and villas
- Ridgecrest and unincorporated Largo: quieter residential streets near Taylor Lake
- West Largo near the Intracoastal: close to Belleair Bluffs, Indian Rocks Beach and the Gulf
What to plan for when buying in Largo
- Older homes: much of Largo was built from the 1950s through the 1980s, so insurers often ask for 4-point and wind mitigation inspections, and roof age can affect coverage.
- Villas, condos and 55+ communities: association budgets, reserves and Florida's condo safety rules affect which buildings lenders will finance, and HOA or condo dues count in your monthly housing cost.
- Manufactured homes: to qualify for most mortgage programs, a manufactured home generally needs to be on a permanent foundation and titled as real property with the land. Homes in land-lease parks are financed differently.
- Flood zones: low-lying areas toward the Intracoastal and along creeks can be in FEMA flood zones.
DSCR loans for Largo investors
A DSCR (debt-service coverage ratio) loan lets you qualify on the property's rental income instead of your personal income, which suits many real estate investors, including self-employed investors. DSCR loans are for investment properties only, not a home you'll live in, and the loan can often be held in an LLC, subject to lender guidelines. Largo's central location in Pinellas draws long-term renters, and DSCR loans can be used on single-family homes, townhomes and eligible condos. Rental rules vary by city, county, zoning and HOA or condo association, so confirm what's allowed for a specific property before counting on rental income.
Working with a Tampa Bay-based broker
247 Home Loans is a Florida-wide mortgage broker with its home base in Tampa Bay; our office is in Riverview. As an independent broker, we compare purchase and refinance options from more than 20 wholesale lenders. Most of the process happens by phone and online, and closings are coordinated with your title company.
Loan programs we offer
- Conventional and jumbo purchase and refinance
- FHA, VA and USDA (in eligible areas)
- Bank-statement and other non-QM loans
- DSCR loans for investors
- Construction loans
Your loan officers
- Chad Morris, Owner & Loan Officer, NMLS #352539
- Dave Rodgers, Loan Officer, NMLS #363840
Frequently asked questions
Can I finance a manufactured home in Largo?
Often, yes, if the home is on a permanent foundation and titled as real property together with the land. Homes in land-lease communities usually need different financing. Tell us about the property and we'll check which options fit.
Do condo or HOA fees affect how much I can borrow?
Yes. Lenders count condo and HOA dues as part of your monthly housing cost, along with taxes and insurance, so we include them when we estimate your price range.
Is flood insurance required in Largo?
It depends on the flood zone. If the home is in a FEMA special flood hazard area and you have a federally backed loan, flood insurance is required. We'll check the zone and help you get quotes early so insurance costs aren't a surprise.
Can I buy a Largo rental with a DSCR loan?
Yes. DSCR loans qualify on the property's rental income instead of your personal income, are for investment properties only, and can often be held in an LLC. Check association rental rules first.
Do I have to come to your Riverview office?
No. We handle the loan by phone and online, and closings are coordinated with a title company near you.
Other areas we serve
Florida-wide broker; home base Tampa Bay.
Talk with Chad about your Largo purchase
Call or text Chad at 813-495-9542, or apply online. Florida-wide broker; home base Tampa Bay. No obligation, and no credit check just to talk.