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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

How to make an offer on a House





Finding your dream home might take a while, so when you find the one, the next move is to make an offer.  Unfortunately, buying a house isn’t a handshake deal nor a verbal agreement, but with the right tools and a good offer, you can end up receiving the keys to your new house.
Check out these negotiations tactics to make the process smooth.

Make an offer
It’s all about supply and demand. You will want to look around the houses in the area that are similar and up for sale or recently sold. When you do, check to see how long the houses stayed on the market. If it’s more than average, then you are in a buyer’s market.

For example, just because a house is listed at $400,000 does not mean the house is worth that exact amount. This may mean that the seller has overpriced the home. If the house is sitting unsold for few months, don’t be afraid to negotiate at a better price.

Write a Letter
Believe it or not, you can boost yourself by writing a personal letter to the seller.

If by any chance you’re in a tight market and happen to find your dream home, a letter can sway them toward you. You want to write about what’s important to the sellers. For instance, you’ve notice they are a dog lover and you own pets as well. Write about how the backyard would be great for your Labrador retriever. If they’re runners, they’ll love that you’re excited about the nearby trails, too. Most importantly, if they’re parent’s as well then they will appreciate your intentions to do the same.

Keep your emotions in check
House haunting can be dreadful, especially if it takes quite a while for you. When you find the perfect home, try not to get emotionally attached.  Even an excellent offer may not be accepted, but if your offer is accepted, you should get down to the serious business of closing the sale. Just remember, it’s not a done deal until both parties sign the offer agreement.


Bottomline, when you shop for a home, make sure you do your homework. Having enough information will help you submit an offer that meets the market value.

If you have any questions for us, don’t hesitate to give us at 770-552-1000 or send us an email at skatz@vandykmortgage.com. We look forward to hearing from you soon!


How to Save Money for a House




Many people like yourself are looking for ways to save money for a new home. Sometimes, it can start to feel like you don’t have enough money for a down payment.

If you are concerned about saving up money, you aren’t alone. Coming up with the money for a down payment can be one of the most intimidating parts of the process for anyone who hopes to become a homeowner. However, it can be done when the right tools and strategies are in place.

So, what is a down payment? A down payment is the cash you bring to the closing table when buying a house. The payment typically represents the percentage of the full house purchase price. For example, homebuyers typically put down payments from 5% to 20% of the total value of the home, while the rest is often financed through a loan.

The key to save money for a down payment is being strategic with your goals and cutting back your expenses. Here are 3 ways you can begin saving for your dream house today.

Track your spending and expenses
It’s all about lifestyle changes! It’s easier to spend money on specific items you purchase and, over time, it can really add up. The first step is figuring out where your money goes and how to keep more of it in the bank. 

·         Start a coin jar. Saving all your loose change can have a big impact.
·         Packing your lunch can save you about $60 a month. By the end of the year, you’ll save $720.
·         Replace your $100 monthly cable service with a $12 Netflix standard streaming account. You’ll save $1,056 a year.
·         Replace your $150 lavish gym membership, such as Lifetime with a $10 Planet Fitness gym. You’ll save $1,680 a year.
·         Going out for dinner and drinks can add up. If you typically spend $30 three times a week, try to reduce to once a week. You’ll save up to $720.
If you’re with a significant other and wanting to move in together, try to team up! With all of the above, you and your significant other would be able to save up to $9,152.

Open and automate your savings account
When you open a savings account, some bank account can offer 1.65% APY or higher. This is a great opportunity to get your savings started.

Once you set up your savings account, make sure to automate it monthly. This way part of your paycheck will automatically go into your savings account before you are tempted to spend on unnecessary things.  This small step will make a huge difference in your savings!

Look for ways to boost your income
If you already have a typical 9 to 5 job, we suggest starting a side hustle. There’s few examples of ways to earn money such:

·         Babysitting
·         Dog walking
·         Selling artwork
·         Freelance writing
·         Freelance photography
·         Driving Uber/Lyft
·         Serving
·         Tutoring

If you decide to branch out and a find a new job altogether, think about the skills or talents that you could parlay into freelance income. You may be surprised by what your talents are.

Once you saved up money for your dream house, don’t hesitate to reach out to a mortgage professional! We’ll happy to help you make the right decision. We look forward to hearing from you!




Should You Buy or Build a House?




As you start to search for your dream home, you may be open to the range of options. One of those choices you may face is deciding on whether to buy or build your own. Each option has its pros and cons. For instance, building a home gives you the opportunity to customize a floor plan, however it will take months to construct. If you buy a home, you will have to compromise on the floor plan, but you might be able to move in quicker.

Before you decide on your dream home, let’s compare the two.

Building a House


What are some advantages of building a home?

·         Discounts on materials
Believe it or not, building a home can come with many benefits and opportunities to save money. When working with the suppliers, some suppliers will offer higher discounts the more you’re willing to buy.

·         Everything is new
All the technology is up to date and you hopefully won’t have to worry about repairs right away. Overall, everything in the house is in good working order.

·         Design control
Everything is what you want from the start.

Disadvantage of building a home:

·         Time
The time it takes to build a house takes an average of seven months. This means you will be staying at your old home for quite some time or at a temporary place until its finished.

·         Limitations
Although you can customize your home details to suit your taste of style, upgrades can be a bit pricey.  

Buying a House


What are some advantages of buying a home?

·         Opportunity to flip a home
If you bought a home that needs some renovation, you have the potential to flip the home.

·         Upgrade costs can be delayed
After purchasing a home, you have the time to upgrade your home, allowing you to better budget for the expenses.

·         Easy to visualize
It’s easier to visualize your pre-existing floor plan.

Disadvantages of buying a house:

·         Upgrade costs:
Having the chance to move in your home is great but even the simplest home improvement, such as a kitchen, can be a major time and money investment. 

·         Higher home insurance:
There’s a possibility your home insurance will be higher compared to a new home.

·         Decorating cost:
Besides paying your closing cost, there are other upfront cost you should be worried about. You might have to invest some time to upgrade your home like wallpapers, changing paint colors, or updating floors.

When it comes to building or buying a home, it really depends on the buyer’s goals. I believe it comes down to personal preference. Once you are ready to house hunt, you will know exactly what you’re looking for. Owning a home is a great thing that can happen. What is the right choice, for you?
 
Additionally, if you want a full team of mortgage professionals, we’re happy to help you make the right decision. Please don’t hesitate to reach out to us for more details: 770-552-1000.


We look forward to hearing from you!  
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