Conventional loans are the most common and widely available mortgage option. For borrowers with good credit, balanced income, debt and some down payment, they are often the least complicated way to get the most flexible mortgage options.
FHA Loans are insured by the Federal Housing Administration (FHA), a branch of the U.S. Department of Housing and Urban Development, or HUD. FHA is often the best option for people who need a little extra flexibility when qualifying for a new home mortgage. You do NOT need to be a first time buyer - anyone who is buying a new home to use as their Primary Residence, or Second Home is eligible.
The Department of Veterans Affairs (VA) offers financing on primary residences for Veterans. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.
The US Department of Agriculture USDA provides low down payment options to qualified borrowers, at very low interest rates, and with very low mortgage insurance premiums. If you are buying a home in an Rural Development -eligible area, and meet the program requirements, this loan is perfect for you.
Jumbo Loans exceed the maximum loan amounts established by conventional loan limits, currently $453,100. A Jumbo Loan is right for you if you are looking to buy a high priced or luxury home.
A Reverse Mortgage is a loan for those age 62 and older that allows homeowners to convert their home’s equity into cash with no monthly mortgage payments.
Our experience with Patrick Storch and his team at The Mortgage Firm was great! We received knowledgeable and accurate information and mortgage process was extremely timely, considering our time constrains. We received outstanding service and would use them again. We highly recommend him and his staff!
Christine went above and beyond to ensure that our home purchase went as smoothly as possible. She is a positive person and a consummate professional who quickly became as much of a friend as she was a realtor to us. Huge kudos to you, Christine for helping us make purchasing our dream home a reality!
I am a real estate investor and financed a home for the first time. Sarah and her staff were very helpful in the entire application process. I expected a long and tedious process and was pleasantly surprised that we didn't have to change the closing date because everything was expedited and done on time. I would highly recommend to anyone to call Sarah if they need to finance the purchase of a house.
The Mortgage Firm team - Jerry, Denise and Julie - were just great! Moving can be a stressful time so it was very comforting to have the mortgage process go so smoothly. We were kept informed on a daily basis and everything went according to plan. Thank you Jerry, Denise and Julie!
Clarissa was very helpful from the start. She was engaged throughout the process along with her associate Shannon. Together they made the experience, though quite invasive, much easier. I would use Clarissa again if the opportunity presents itself.
Without a doubt the best mortgage representative ever. Her office stepped in when we were denied by another lender after 5 months. Christine stepped in and completed all the paperwork within 2.5 weeks and we closed on time. Christene and her team are the best in Brevard county. I love these guys to death!!
Communication needs to be improved. After hours of downloading documents requested by the company and the underwriter I seems that they did not go through, they were not clear for them. Several meetings to get the documents on line and the list was always incomplete. Last meeting to review before closing was good and we were dismissed with the assurance that there will not be any problem the next day. Well next day closing appointment was at 10:30 got postponed many times to end up at 4:30 PM.
Patrick Storch and his team were transparent and forthcoming with any information we needed during our loan application process. Typically, this is a painful and drawn out process, but everyone at The Mortgage Firm did their best to make each step as easy as possible. Thank you!
Jerry and his team are simply AMAZING! They make you feel like family! They walked us through each step of the process and before we knew it, we were closing on our dream home! I work in Hospitality and I was afraid that getting a loan for a house was going to be difficult. Jerry, Denise, and Julie proved that was not the case at all! I am so grateful that we were referred to them. They are diligent, supportive, and took a genuine interest in my family's needs. THANK YOU! THANK YOU! THANK YOU!!!
This experience was better than great. Vicki and Erinn were phenomenal. Both were always available for questions but really there weren’t many questions. They were so clear and easy to follow up with that everything aligned with ease. Although I am not a first time home buyer it was the first time I did it by myself and I couldn’t have asked for a better experience . Thank you ladies.
What we loved about Vicki and Erinn was that they were warm and friendly - from the moment you begin talking with them you feel like family and are completely comfortable! Their friendliness never interfered with their professionalism, and whenever we came across a tough situation Vicki and Erinn made it easy to fix and made us at ease! They made purchasing our first home a breeze! We will always recommend them - there is no better choice than to work with these ladies!
My experience would have been better if I would’ve have gotten a more clear and consice picture of where we were at and what we needed throughout the process. There were a lot of unknowns and last minute items. The first time I bought a house it was very smooth and easy.