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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

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Mortgage Advice Column

6 Terms First-Time Homebuyers Must Know



Your story starts with dreaming, as many do, then searching for your perfect home. You started to have lots of conversations about the kind of house you wanted to shop for. You started to casually shop online. One day, you stopped by just in time to see this one house for sale. So, you called an agent about buying a home and suddenly in blink in the eye you find yourself at closing in a matter of weeks, wondering how everything happened so quickly. Questioning yourself, “Did I pick the right mortgage loan?”

Too often, first time homebuyers rush into homeownership because it’s a sign of independence and adulthood. When truthfully, you don’t know the steps to buying a house or the type of mortgage you need. Whether it’s choosing the wrong location or buying an overpriced home, buying a home is a major part of your life.

Before you allow yourself to search for homes, check out these 5 terms you must know. Especially if this is your first time making one of the biggest purchases of your life.

Fixed-Rate Mortgage
This means the interest rate is set when you take out the loan and will not change. So, your monthly mortgage payment won’t change much over the years.

Adjustable-Rate Mortgage
With an adjustable rate mortgage, the interest rate may go up or down. Many ARMs will start at a lower interest rate than fixed rate mortgages. This initial rate may stay the same for months, or a few years, however, as the interest rate index climbs, so will your own interest rate and monthly payments.
Pre-Qualified
When searching for a home, your first step is to get pre-qualified. This can be confusing because Homebuyers tend to mix it up with pre-approved.

The pre-qualification step allows you to discuss any goals you need to regarding your mortgage with a lender.  It’s based only on the information you provide to the lender where it sums up the amount for which you might expect to be approved.

It certainly helps if you want to start the process of looking for a house.
Preapprovals are much bigger deals. A preapproval is a document that verifies the information during the pre-qualification. If pre-approved, you’ve basically been told that the bank will lend you money for a house.

Conventional
A conventional loan is a mortgage that is not backed or insured by the government, such as Department of Veterans Affairs, or Federal Housing Administration.

Conventional mortgages are ideal for borrowers with good or excellent credit. People with credit problems might qualify for conventional loan depending on the financial institution. 

Appraisal
Let’s say you found a home you are interested in. The asking price is $400,000. It’s the amount you’ve already been approved for by your bank. But is the home worth $400,000?
An appraisal will determine what your property is worth.

Since your dream is $400,000, but the appraisal shows that it’s worth $300,000, then the home is overpriced.

An appraisal also protects the bank from getting stuck with properties that are worth less than they’ve invested. And it protects you from paying too much for a house simply because it’s your dream house.

Escrow
The word can be used in different meanings, but when you think Escrow, think of a third, neutral party. According to Zillow, when you make an offer on a home, you will write an earnest money check that will be placed in escrow. It is being held by the third, neutral party probably set up by your real estate agent. Until you and the seller negotiate a contract and close the deal.

However, if the seller decides to sell the house to somebody else, you would get your deposit back. Overall, it protects both parties.

If you want a full team of Mortgage Professionals to help your decision on what is the best loan option for you, we’re happy to help! Please don’t hesitate to reach out to us at 770-552-1000. We look forward to hearing from you!




Is Buying a Home Your New Year Resolution?



The holiday season is all about traditions, and one of the biggest traditions is making a New Year’s resolution. It’s time for many of you to start thinking about your New Year’s resolution. What if your resolution is owning a home? After all, it’s a new year and a new you.

As we head into 2019, more millennials are aging into their early or mid-thirties and are interested in homeownership. They continue to be the primary drivers of homeownership demand.  

According to Keeping Current Matters, more than half of the purchased mortgages originated by Fannie Mae and Freddie Mac in 2018 were to first-time homebuyers.

So, what is Fannie Mae and Freddie Mae?

Fannie Mae and Freddie Mac are two big reasons we have 30-year fixed home loans in the US. Fannie Mae loans offer down payments as low as 3 percent. While Freddie Mac Loans offer down payments as low as 3 to 5 percent.

Did you know:


Most millennials feel that the economy’s holding steady, and the time could be right to buy. If that sounds like you, make your new year resolution come true.  Feel free to start the process off right by talking to us. We can answer your questions and help you get pre-qualified.




Tips on How Millennials Can Build Their Credit Scores




Millennials are becoming more and more in touch with their credit scores. This is partly because many of them are coming to the age where they tend to be more interested in buying homes and having low insurance rates. Building credit at a young age can be beneficial down the road when it comes time for some of life’s big moments.

However, there’s so much misinformation about how to deal with credit. Believe it or not, more than 1 in 5 credit card users have wrongly carried a balance to help improve their credit scores. So, getting the right information about good credit management is key.

How can millennials build their credit score? See below for some helpful tips!

Keep Balances Low
When opening their first credit card, Millennials must make sure to only charge an amount they can afford to pay off every month. To avoid higher fees and big credit issues, try to pay it on time and continue to have a low balance.

Having lower credit card balances compared to your credit card limits will reward you with higher credit scores. If you want to improve and maintain a good credit score, it’s important to keep your balance at or below 30% of your credit limit.

Set up Automatic Payment
Missing a credit card payment will affect your credit score immensely. Unfortunately, missed credit card payments are one of the most common things Millennials tend to do because they seem to forget about them.

To avoid getting a red mark on your credit report, set up automatic payment on credit card accounts. This will help ensure that the bills don’t slip by.

Follow up
Millennials tend to forget that they had bills to pay in the first place. To avoid any conflict, try to follow up about bills and check to see if any debt is owed. Another way is to request a credit report from a national credit reporting company such as Equifax or Credit Karma. This can be done for free every 12 months to see where you stand on your balance.

In any case, do more research on credit scores before you purchase a home. It’s important to have some knowledge about what goes into your credit score, how to improve them, and news on changes to the credit scoring and reporting industry.

If you want a full team of Mortgage Professionals, we’re happy to help. Acting now is a wise way to achieve your goals for tomorrow!

Please don’t hesitate to reach out to us, we look forward to hearing from you!




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