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Pen Pals with Your Mortgage Lender?
Pen Pals with Your Mortgage Lender? 628 419 carloslarrazabal

According to a piece in the Wall Street Journal, it is a common practice for underwriters to reach out to borrowers asking for letters of explanation sometimes referred to as “comfort letters” to firm up…

To Do After Closing On Your Home
To Do After Closing On Your Home 1024 768 carloslarrazabal

After you finish signing at the closing of your new home, you’re handed the keys and the house is officially yours! But, there some things you should do to make sure the transition from your…

New Mortgage Startup, Vellum Mortgage, Hires Top-Producing Originators
New Mortgage Startup, Vellum Mortgage, Hires Top-Producing Originators 1024 480 carloslarrazabal

FOR IMMEDIATE RELEASEDecember 6, 2018 Centreville, VA. – Vellum Mortgage announced the hiring of Greg Kingsbury and the Kingsbury Mortgage Team, extending their reach into the Maryland market. This follows recent additions, Carlos Larrazabal and…

Paying Extra Toward Mortgage Principal Pays Off
Paying Extra Toward Mortgage Principal Pays Off 1024 536 carloslarrazabal

Prepaying your mortgage: How reducing your loan principal can lead to big savings. When you prepay your mortgage, it means that you make extra payments on your principal loan balance. Paying additional principal on your…

Private Mortgage Insurance
Private Mortgage Insurance 1024 778 carloslarrazabal

PMI, aka private mortgage insurance, is a type of mortgage insurance from private insurance companies used with conventional loans. Similar to other kinds of mortgage insurance policies, PMI protects the lender if you stop making…

Apps for Finding a Great Neighborhood
Apps for Finding a Great Neighborhood 1024 576 carloslarrazabal

A large part of a successful move is finding a good neighborhood. Here’s a few ways to find what pretty much everyone agrees makes up a good ‘hood: Schools: You can view demographics and stats…

Residential Mortgage Loan Underwriter
Residential Mortgage Loan Underwriter 628 419 carloslarrazabal

Job Summary: The Underwriter is responsible for mortgage loans originated by correspondents according to guidelines set by Vellum Mortgage, FNMA, FHLMC, FHA, and VA, for underwriting loans and ensuring compliance with department guidelines, state and…

Not Ready to Buy a Home? You Should Still Talk to a Lender.
Not Ready to Buy a Home? You Should Still Talk to a Lender. 1024 683 carloslarrazabal

If you’re a first-time home buyer, you might think you’re not ready to purchase a house. Perhaps you’re concerned about your job situation, your previous credit history, or your high monthly expenses. Whatever the circumstances,…

Loan Manager: Position Overview
Loan Manager: Position Overview 1024 536 Vellum Mortgage

The Loan Manager works directly with their loan officer(s) to assist in the day-to-day responsibilities of originating residential mortgage loans.  The Loan Manager works directly with borrower to complete loan applications, request loan documents, fulfill…

Thinking About Buying a Home?
Thinking About Buying a Home? 628 419 carloslarrazabal

One of the first steps in the homebuying process is fully understanding your finances. Here is a checklist to help you prepare. Avoid making changes to your financial story that could hurt you ability to…

6 Tips for Selling Your Home Faster
6 Tips for Selling Your Home Faster 1024 536 carloslarrazabal

If you’re ready to sell your house, then it’s time to get to work! Putting your house on the market takes a lot more than just sticking a “For Sale” sign in the front yard…

Getting Pre-Approved Should Be Your First Step
Getting Pre-Approved Should Be Your First Step 1024 536 carloslarrazabal

Many potential homebuyers underestimate their purchasing power and overestimate the down payment and credit scores needed to qualify for a mortgage today. Completing a quick and easy pre-approval is the first step in determining all…

Let’s Get Started Financing Your Home

You’re so close to being a homeowner or refinancing to meet your¬†financial goals.

Have Questions or Want to Discuss Your Options?

Carlos Larrazabal

Senior Vice President
NMLS ID #: 476370

M: (703) 930-8038

5860 Trinity Parkway, Suite 110
Centreville, VA 20120

Carlos Larrazabal

Senior Vice President
NMLS ID #: 476370

M: (703) 930-8038

5860 Trinity Parkway, Suite 110
Centreville, VA 20120