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.
I would be happy to refer you to some very good mortgage contacts I have in Virginia Beach, or to help you in any other way I can to secure the best possible rate for your home purchase.
PREFERRED LENDERS:
Val Parnell, Vice President
TowneBank Mortgage
4525 South Blvd. Suite 100
Virginia Beach, VA 23452
(757) 687-5000 Office
(757) 749-2181 Cell
(888) 637-1321 Toll Free
1 (866) 678-3237 Fax
val.parnell@townebankmortgage.com
www.townebankmortgage.com/ValParnell
Jim Bucher, Vice President
Executive Home Mortgage, LLC
"an Affiliate of National City Mortgage"
316 Office Square Lane Suite 100
Virginia Beach, VA 23462
Office: (757) 497-4887
Fax: (757) 497-1750
Cell: (757) 287-1332
Jim.bucher@executive-homemortgage.com
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www.HUD.gov
www.FHA.gov
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.
Dept. of Veteran Affairs
VHDA
FHA
1031 Starker Exchange
