Represented by VanDyk Mortgage

HOME   |   ABOUT US   |   CONTACT US   |   APPLY ONLINE   |   866-742-8400

A Better Mortgage Process:

We have streamlined the lending process by keeping each loan in-house. You save time — and money.

In addition, because we're backed by VanDyk Mortgage Corporation, one of the largest privately held direct lenders in the country, we are able to offer very competitive rates and low closing costs.

A Better Mortgage Process:

We have streamlined the lending process by keeping each loan in-house. You save time -- and money.
In addition, because we're backed by VanDyk Mortgage Corporation, one of the largest privately held direct lenders in the country, we are able to offer very competitive rates and low closing costs.

Mortgage Loan Process

We offer a variety of residential home loans for both Purchase and Refinance transactions:

  • FHA Purchase & Streamline Refinances
  • VA Purchase and IRRL Refinances
  • USDA 100% Rural Development Loans
  • Jumbo loans up to $3,000,000

We offer a variety of residential home loans for both Purchase and Refinance transactions:

  • FHA Purchase & Streamline Refinances
  • VA Purchase and IRRL Refinances
  • USDA 100% Rural Development Loans
  • Jumbo loans up to $3,000,000
Mortgage Loan Programs

Tools and Resources:    

We offer all the goodies you need to help you choose the
right loan. Payment Calculators, Mortgage Glossary, Real
Estate Newsletters, and free downloads to help you make
educated, well informed, decisions.

Tools and Resources:     

We offer all the goodies you need to help you choose the
right loan. Payment Calculators, Mortgage Glossary, Real
Estate Newsletters, and free downloads to help you make
educated, well informed, decisions.

Mortgage Loan Tools

What people are saying…

Reviews on Zillow
LR-QTZSZVB
"Excellent service, very responsible. Great team, always. Very attentive and very diligent. Smooth process. You don't waste time, all documents are electronic and easy process."
5.0/5.0
by Jose Cornier
"We needed a fast loan commitment and could not afford any delays because our seller was very difficult, and if we couldn’t provide a commitment letter on time..."more
5.0/5.0
by kathi75
"Working with VanDyke is always pleasant and informative. They keep you on the same page and answer any questions you may have. They are very concerned about your..."more
5.0/5.0
by KevinJ Brooks
Kudzu Best Of

Mortgage Advice Column

VANDYK MORTGAGE & KELLER WILLIAMS REALTY

VanDyk Mortgage Corp is currently one of the top Keller Williams Realty lenders in the Southeast. We have worked hard to earn their trust with a commitment of service to their customers that is unequalled in the mortgage industry. Please click the "Read More..." link and watch this short video of Nikki Ubaldini, owner of 3 Keller Williams Realty offices as she describes the value and importance of teaming up with VanDyk Mortgage.



Your Mortgage Survival Guide


Are you a first-time homebuyer? Obtaining your first mortgage can be scary and confusing. We outlined the entire process for you to help set your mind at ease!




Step 1: You will need to get pre-approved (or at least pre-qualified).

It is important to know what loan amount you are approved for so that you can start looking for houses within your price range. For a pre-approval, you will need to provide us, your lender, with your driver’s license, social security number, marital status, contact information, most recent bank statements for all accounts, employment information, most recent 30 days paystubs, most recent 2 years of W2(s), and most recent 2 years tax returns. We will also need to pull a tri-merge credit report. Once we have all of the necessary information, we will provide you with a written commitment of the maximum amount that we can lend you.

Pre-approval only requires a few minutes over the phone to ask about your credit score, your current salary, the amount of your down payment, and what your monthly debts are. We don’t require any documents for pre-qualification, which is why it is much more accurate to get pre-approved. You can get pre-approved by filling out a loan application here: http://po.st/VDLoanApplication

Once you are approved for a loan amount, you can start to look for houses that you know you can afford. Real estate agents also prefer working with buyers who are pre-approved. Pre-approvals can also help you identify any potential credit issues you may be unaware of and will give you time to resolve these issues before you find your dream home. Lastly, sellers are more likely to accept your offer over others if they know that you can definitely afford the house.

Step 2: You found your dream house and the contract has been signed!

Congratulations! The next few steps before you decide on a lender will go as follows:

1.       Your escrow or earnest money deposit check will be cashed. This is generally non-refundable, but there may be some contingencies built in. Make sure to check with your realtor about that.

2.       Schedule a home inspection. Don’t be afraid to ask questions, this is one of the biggest purchases of your life! Also, remember that you will be responsible for the cost of the inspection.

3.       Review the seller disclosures from your real estate agent. Review the listed improvements or renovations and make sure permits were obtained when necessary. These documents will also disclose pest infestations, water intrusions, sinkholes, HOAs, environmental hazards, property line disputes, etc. Review them all and get any additional inspections as needed.

Step 3: The loan process.

If you chose to get pre-qualified before you found your house, then you will need to fill out your loan application now. If you already filled one out, then congrats! You are on your way! The process will play out as followed:

1.       Preparing Your Loan. We, your lender, will gather all the necessary documentation. These documents will be reviewed and submitted to processing. Also, loan disclosures will be sent to you to review and sign. The processor will contact you for any additional needs.

2.       Appraisal.The appraisal will be ordered within 24 hours of the formal loan application. Expect processing to make their introductory call if they did not contact you previously for any additional info.

3.       Underwriting.Your loan will be submitted to underwriting within 5 calendar days and is typically underwritten within 1-2 days.

4.       Conditional Approval. The underwriter will conditionally approve your loan. The processor will request any additional items needed for closing and they will continue to send weekly updates.

5.       Get Homeowner’s Insurance. Obtain your insurance within 24 hours of conditional approval so that you don’t delay your closing.

6.       Final Approval. Your processor will submit conditions to the underwriter and then final approval will be issued.

7.       Clear To Close. Your loan is clear to close and the closing disclosure will be sent to you 3 days prior to closing.

8.       Closing Day.Documents are signed, loan is recorded and keys are exchanged. Congratulations, you are officially a homeowner!

Some do’s and don’ts for your credit score during the mortgage process.

Don’t:

1.       Don’t apply for new credit cards. This includes general credit cards (visa, mastercard, etc.), credit cards for retail stores, etc. Each of these companies will pull your credit to approve you for their card, which will cause your credit score to drop. You could lose 2-50 points for each hard inquiry.

2.       Don’t pay off collections or charge-offs. This will decrease your credit score immediately because it will change your last activity date. If you decide you want to pay off your old accounts, make sure to do it through escrow. Also, before you go to escrow, make sure that you validate that the debt is yours and that the creditor agrees to give you a letter of deletion.

3.       Don’t close credit card accounts. If you do, your debt ratio will go up. This can also affect other credit score factors, such as length of credit history.

4.       Don’t max out or over charge your credit cards. This will bring your credit score down 50-100 points. The ideal scenario is to keep your balances below 30%. If you decide to pay off your credit card, make sure you do so for all accounts.

5.       Don’t consolidate your debt onto 1 or 2 credit cards. If you do this, it will appear that you are maxed out on that card.

6.       Don’t do anything that will cause a red flag to be raised by the scoring system. This includes adding new accounts, co-signing on a loan or changing your name or address with the bureaus. The less activity on your credit reports the better.

Do:

1.       Do join a credit watch program. You can check your reports weekly, or sometimes even daily depending on which program you choose. That way, if something does show up on your report that could cause your score to go down, you will know immediately and can resolve the issue.

2.       Do stay current on existing accounts. This includes anything from mortgage payments to car payments. One late payment can cost you 30-75 points.

3.       Do continue to use your credit card as normal. It is important to keep up your pattern, otherwise, your score could go down.

4.       Do call your lender if you receive anything from a creditor or collection agency that can affect your score. They may be able to help you to stop any derogatory reporting to the bureaus.

For our full loan survival kit, give us a call today: 770-309-0939. We are happy to help!

Tips To Sell Your Home For Top Dollar


There are some things that you should consider if you're about to list your home for sale, especially if you're trying to find the most accurate price possible.





You have to think of your home as a product when you sell it, so you have to figure out how to attract these buyers to your product.



A lot of people think they can overprice their home and then come back down on the price if they don't get any offers, but this is a risky move. You run the risk of alienating yourself from buyers because they simply don't respond well to overpriced homes.



You need to price your home at market value, and to do so, you need to look at area comparable sales. Take a look at pending sales and see what homes are selling for. A real estate agent can help you with this as well.



Remember the three P's of selling: promotion, position, and pricing. When you price your home correctly, you put yourself in a good position to get multiple buyers interested, which can result in a very high selling price.



There are a number of different things you can do to price your home attractively in order to bring in the largest amount of buyers possible. It’s important to work with your real estate agent to determine the best price for your home.



If you need recommendations for appraisals, home inspections, etc., give us a call. We’re happy to help!
See Older Posts...

National Rate Trends

Mortgage Rate Quote

Stephen Katz on Zillow

Free Mobile App:


Mortgage Mobile App

Download my App for Free and you will have instant access to some really helpful tools!

Free Mobile App:

Mortgage Mobile App

Download my App for Free and you will have instant access to some really helpful tools!

Follow Us:
facebook
linkedin
Call Us:
NMLS Consumer Access
Stacks Image p3287_n19
US Department of Housing & Urban Development
Equal Housing Lender
Mortgage Bankers Association

VanDyk Mortgage Atlanta Branch: 800 Johnson Ferry Road, NE, Atlanta, GA 30342 | Phone (770) 552-1000 | Privacy Policy | All Rights Reserved
VanDyk Licenses | Fair Lending Policy | Security Policy | Complaint Resolution | General Disclosure | Terms and Conditions 
VanDyk Mortgage Corporate Address: 2449 Camelot Ct. SE, Grand Rapids, MI 49546 | (888) 482-6395
We Lend in: FL, GA, NC, SC, TN, & VA – Corporate NMLS #3035 – Georgia Residential Mortgage Licensee #22013 | Virginia State Corporation Commission MC-5511.
Texas disclosure | This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located
in the state of New York will be accepted through this site.