# Storch Mortgage Team Tampa | Home Loans & Refinancing Made Simple > Trusted mortgage professionals offering purchase, refinance, and home loan solutions. The Storch Mortgage Team delivers local expertise, in-house processing, and a simplified path to homeownership Key topics: Storch Mortgage Team Tampa, MortgageOne Tampa, Tampa home loans, Tampa mortgage refinancing, Patrick Storch NMLS ## Main ### HOME Source: [https://closemymortgagetampa.com/](https://closemymortgagetampa.com/) ![img](assets/images/thinking.png) THINKING LOCAL ![img](assets/images/growing.png) GROWING LOCAL ![img](assets/images/lending.png) LENDING LOCAL ### PURCHASE Source: [https://closemymortgagetampa.com/purchase](https://closemymortgagetampa.com/purchase) # Ready to Buy a Home? **Know exactly what you can afford before you start searching for a home.** The Storch Mortgage Team offers a variety of home loan options for purchasing whether you are a first-time homebuyer or upgrading to buy your dream home. Our expertise will help make your mortgage experience the best possible! # Mortgage Home Purchase Loans without the Hassle! ## Browse our loan types: [ CONVENTIONAL LOAN ](#loan1) [ FHA LOAN ](#loan2) [ VA LOAN LOAN ](#loan3) [ USDA/RURAL LOAN ](#loan4) [ JUMBO LOAN ](#loan5) [ BOND PROGRAM LOAN ](#loan6) ### HOW DO I QUALIFY? * Initial loan consultation * Formal loan application * Processing * Order appraisal, title, inspections, verifications * Underwriting (Initial review) * Conditional approval * Conditional sent to underwriter * Final loan approval [ QUALIFY ME NOW!](/apply-now) ## CONVENTIONAL Conventional mortgages are the most common type of home loan. A few of the benefits of a conventional mortgage are: * Loan amounts available up to $806,500 (varies by county) * 10, 15, 20, 25, and 30 year terms available * Down payments as low as 3% * Rates can be fixed or Adjustable Rate Mortgages [ APPLY NOW ](https://closemymortgagetampa.com/apply-now) ## FHA **Federal Housing Administration Loans (FHA)** were created to assist borrowers who may need a low down payment and flexible mortgage guidelines. * Great for First Time Home Buyers! * 3.5% down payment required– Can be a gift! * Loan amounts available up to $524,225 (may vary by county) * Seller can contribute up to 6% of the borrower’s closing costs * Flexible mortgage guidelines [ APPLY NOW ](https://closemymortgagetampa.com/apply-now) ## VA LOAN An excellent loan exclusively available to those that are currently serving or who have previously served in the U.S. military. Surviving spouse may be eligible, as determined by VA. * Must be a Veteran, Active Duty Military, or member of the Reserves * No monthly mortgage insurance * Seller concessions up to 4% of the reasonable value of the property * Up to 100% financing available * Flexible mortgage guidelines [ APPLY NOW ](https://closemymortgagetampa.com/apply-now) ## USDA/RURAL USDA or rural development loan program provides low and moderate income borrowers with better affordable housing finance options with little or no down payment or out of pocket costs. The property must be located within a USDA designated area. * 100% financing available to qualified borrowers * Seller can contribute up to 6% of the borrowers closing costs [ APPLY NOW ](https://closemymortgagetampa.com/apply-now) ## JUMBO A jumbo loan, also known as a jumbo mortgage, is a form of home financing for whose amount exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). * Loans over $806,500 (may vary by county) * Minimum 720 credit score * Minimum 10% down payment required [ APPLY NOW ](https://closemymortgagetampa.com/apply-now) ## BOND PROGRAM * 640 minimum credit score * Income and purchase price limits vary per county * Debt to income restrictions * $7,500 loan applied to closing costs and/or down payment to be repaid when property is sold or refinanced [ APPLY NOW ](https://closemymortgagetampa.com/apply-now) # Unlock Your Home’s Potential Are you paying too much on your current mortgage? Our refinance options are designed to help you secure a lower rate and save money over time. [Refinance Today](/apply-now) ### REFINANCE Source: [https://closemymortgagetampa.com/refinance](https://closemymortgagetampa.com/refinance) # Ready to Refinance? Whether you are an existing homeowner looking to tap into your home's equity or seeking to lower your interest rate and monthly payments, the Storch Mortgage Team provides a range of refinance options to suit your needs. Refinancing involves paying off your current mortgage, with a new one. It's important to consider that while refinancing can potentially reduce your interest rate and monthly payments or modify the mortgage term, it may also result in higher finance charges over the life of the loan. Additionally, you have the option to refinance and access cash from your home's equity. We'd love to invite you to explore our wide range of refinancing solutions and uncover the exciting possibilities that await you with the Storch Mortgage Team! ![hand](assets/images/tmf-hands.png) ## HOME REFINANCE LOANS WITHOUT THE HASSLE! WHY DO YOU WANT TO REFINANCE? * I have an existing mortgage, and would like to reduce my monthly payments OR * I want to obtain Cash-Out of my property to: * Pay off/consolidate debt * Make home improvements * For Cash ### [Conventional Home Loan](purchase##loan1) A fixed interest rate for the entire life of the loan. ### [FHA Home Loan](purchase#loan2) A great mortgage product that helps many people refinance. ### Streamline Refinance thru FHA Allows a Refinance of the existing loan as long as current Mortgage payments have been made on time and credit is sufficient. ### VA Veterans Affairs (VA) Home Loan An excellent loan that is exclusively available to those that are currently serving or who have previously served in the US military. ### [VA-IRRL (Interest Rate Reduction Loan)](purchase#loan3) A streamlined refinance of an existing VA loan with reduced documentation. ### HOW DO I QUALIFY? * Initial loan consultation * Formal loan application * Processing * Order appraisal, title, inspections, verifications * Underwriting (Initial review) * Conditional approval * Conditional sent to underwriter * Final loan approval [ QUALIFY ME NOW!](/apply-now) # Unlock Your Home’s Potential Are you paying too much on your current mortgage? Our refinance options are designed to help you secure a lower rate and save money over time. [Refinance Today](/apply-now) ### APPLICATION CHECKLIST Source: [https://closemymortgagetampa.com/application-checklist](https://closemymortgagetampa.com/application-checklist) # Application Checklist ## **All Files** --- * Copy of driver's license * Paystubs covering most recent 30 day time-frame * All 2024 and 2023 W2s (and/or 1099's) * 2024 and 2023 Federal, full tax returns including all schedules (all pages) * Most recent two-month checking and savings account statements (all pages; include blank pages) * Copy of earnest money check (purchases only), and proof it cleared account ## **If Applicable** --- * 2022 and 2021 Business tax returns including all schedules * Profit and Loss statement through most recently ended quarter **\*for self-employed borrowers only\*** * Most recent social security/pension income awards letter * Bankruptcy papers, evidence of discharge * Full divorce decree, the final judgment, and marital settlement agreement * Most recent mortgage statement (for any financed properties) * Copy of HOA dues statement on all properties owned * Current statement for any investment accounts; 401k's (with terms of withdraw), stocks, bonds, and/or IRA accounts * Documentation of any large deposits appearing on bank statements (copies of canceled checks) * Copy of signed contract (if selling current residence) * Copy of US Green card or other official documentation (non U.S. citizen) * Copy of survey, homeowner's insurance declaration pages, owner's title policy, and flood insurance (for refinances) * Statement of Service Letter and Certificate of Eligibility (for VA Loan active duty) * Copy of DD214 and Certificate of Eligibility (for VA Loan non-active duty) # Unlock Your Home’s Potential Are you paying too much on your current mortgage? Our refinance options are designed to help you secure a lower rate and save money over time. [Refinance Today](/apply-now) ### DO’S AND DON’TS Source: [https://closemymortgagetampa.com/do-dont](https://closemymortgagetampa.com/do-dont) # Do's & Dont's ## **Applicant Do's** --- * Do make all payments on time. * Do tell us about all the property you own (house, condo, land). * Do tell us right away if your employment and pay status changes. * Do tell us about all of your income and debts (child support, alimony, debts not on credit report, side business) * Do keep all your paystubs, bank statements, and tax returns. * Do be upfront about your credit (good or bad) * Do continue to use your credit card as you normally would. * Do make your spouse available to sign at closing if purchasing a primary residence. * Do call us if you have any questions or want to change your finances in any way! ## **Applicant Dont's** --- * Don't change or quit your job. * Don't apply for any new credit or loans of any kind. * Don't pay off debts, collections, or charge-offs. * Don't move. * Don't co-sign or become a co-borrower on any other loan. * Don't make major changes to your asset structure. * Don't make cash deposits into your bank accounts. ## # Unlock Your Home’s Potential Are you paying too much on your current mortgage? Our refinance options are designed to help you secure a lower rate and save money over time. [Refinance Today](/apply-now) *3 more main links available on the website* ## Optional ### Our Blog Source: [https://closemymortgagetampa.com/blog](https://closemymortgagetampa.com/blog) - Latest articles and updates *Additional content available at [https://closemymortgagetampa.com/blog](https://closemymortgagetampa.com/blog)* ### CONTACT Source: [https://closemymortgagetampa.com/contact](https://closemymortgagetampa.com/contact) - Contact information *Additional content available at [https://closemymortgagetampa.com/contact](https://closemymortgagetampa.com/contact)*