Lake Ridge Virginia Real Estate Help For Sellers and Buyers

 A Local Lender You Can Trust in Woodbridge, Virginia

As a Realtor people ask me all the time. "where should I get my mortgage?" There are many places to consider getting a home loan. However, my knee jerk reaction is always consult a Mortgage Loan Officer with experience.

A good solid recommendation in the Woodbridge Virginia  area is  Tom Halfpap of  SunTrust Mortgage. His office is centerally located at the Potomac Mills Shopping Area. You truly cannot go wrong with Tom, he has been doing business in the area for a very long time. He has never let me or my clients down. 

You can get Approved right online. Just CLICK HERE to be directed to his website. Or if you are not comfortable with doing it Online, you can contact Tom by calling his office. Information is provided below. No matter whether you are looking for a No Money Down VA Loan, a Low Down Payment FHA  or Conventional Loan for a Luxury Home, Tom can help. Give him a call today . 

Tom Halfpap
(703) 492-5055 Office
(866) 487-8569 Ext 5055 Toll Free Office
(703) 494-1484 Fax
(202) 716-6052 Cell
14560 Potomac Mills Road
Woodbridge, VA 22192
E-Mail:  thomas.halfpap@suntrust.com 
                   

Then when you've  got your financing in order, let's talk. That's when the fun part happens.Having a pre-approved loan gives you real buying power.

Give me a call when your ready! 

                                                                                       703-851-3085

                                                             or contact me by email 

 Peggy James or Erick Blackwelder  of Erick and Company of Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's 
      
                
                
         

Put Your Hands Together For Bank of America....

Two weeks ago I learned Bank of America was offering to modify homeowners loans that were previously originated by Countrywide Home Loans especially those who have a Pay Option Loans.  My husband and I have one of these loans...so I was pleased to hear the news." According to the to the representative I talked with,the homeowner does not have to qualify, this is not a refinance." Just by having a  Pay Option Loan originated by Countrywide Home Loans makes you eligible for this no cost restructure of your loan.

How does the program work? It's Pretty Simple ...
  

• No Appraisal     
• No Fee's     
• No Closing Costs     
• The Negative Amortization Feature is Removed From The Loan     
• Note:They Do Not Offer To Lower The Loan Balance   (unless you have a hardship)  
• Some  Homeowner Will  Most Likely Still Be Upside Down On The Home Value     
• The Homeowner is then offered several options depending on situation and ratio's       
  • 10/1 Yr Arm- Interest Only Loan( taxes and insurance included in loan)         
  • 40 Year Amortized Loans Available         
  • 30 Year Fixed Loan Available      
  • Principal balance reductions and lower rates for homeowners facing hardships      
  • So pick up the phone and call them!    

So it's official, I'm proof they did what they said they would do.  Bank Of America restructured our  loan to a 10/1 Arm -Interest Only Loan fixed for ten years with an interest rate under five percent  for a Jumbo Loan!

In our case we had excellent credit and no significant hardship so our principal balance was not reduced and we're ok with that we have no intention of moving anytime soon. However for homeowners who are facing challenges, I was told Bank of America will help you.

For more information go to the Bank Of America website.

Note: I was getting form letters in the mail. I thought they were junk mail. Since we were never late... It wasn't junk mail at all! All Pay Option Loans will be modified by Bank Of America, The process was painless process and one I'm glad we called about.

            The process from start to finish took two weeks! 

                        Have a question call me- Peggy James my direct line 703-851-3085

                                                                      or contact me by email 

Contact Peggy James or Erick Blackwelder  of Erick and Company of Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's 

I thought I would share with readers today a great video clip that I recently viewed that shows exactly how a Realtors day goes almost everyday when we are dealing with short sales. It's nice to know someone "Gets It!"

If you need help selling your home by short sale...just call.

Selling by Short Sale In Lake Ridge Virginia

I Can't Promise You'll Get Congressional Help, However I Will Promise I Won't Give Up On Your Situation!"

703-590-2252