Mortgage Information
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If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing. There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price.
The following are some Mortgage Lenders that several of our clients have used here in Northern Virginia that you might wish to consider -- any one of them can assist in getting you pre-approved for a mortgage loan, can review a number of loan options available to you and can help you to secure the best possible rate for your home purchase:
*Bank of America, Greg Mullan, T: 703-813-5159, Cel: 703-282-5497 (gregory.mullan@bankofamerica.com) or Robert Martinson, T: 703-813-5158, Cel: 703-606-2445 (robert.a.martinson@bankofamerica.com) via the RE/MAX Premier offices (Fairfax and Dulles locations)
*Chevy Chase Bank, Mortgage Division, 2335 Woodland Crossing Drive, Suite # B, Herndon, VA 20171, Ms. Barbara Roubo, Vice President/ Branch Manager, T: 703-668-8545, Fax: 703-435-6425, Pager: 202-592-8211, Toll Free: 800-970-4531 (bbroubo@chevychasebank.net) (Other Team member: Jocelyn Lasher, T: 703-668-8548)
*First Meridian Mortgage, Kevin Retcher, 8305 Richmond Hwy, Alex, VA 22309, T: 703-333-2700, F: 703-333-2929, Cel: 703-201-6138 (kevin@firstmeridianmortgage.com)
*First Savings Mortgage Corp/ Herndon, Ms. Pam Nonemaker, T: 703-827-4648, F: 703-564-4748 (pnonemaker@firstsavings.com)
*Primary Residential Mortgage, Inc., 1934 Old Gallows Rd., Suite 350, Vienna, VA 22182, Ms. Charlotte Quinn, O/T: 703-752-6700, Direct (24/7): 202-298-9346 (cquinn@primeres.com)
*SunTrust Mortgage, Ginger Robinson, O/T: 703-279-6061, Cel: 703-629-5686, Fax: 703-783-8702 (ginger.robinson@suntrust.com) |
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Use the Mortgage Calculators below to assist you in making some decisions around financing your new home:
Mortgage Qualification Calculator
This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.
Mortgage Payment Calculator & Amortization Table
This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.