Carlos Larrazabal at Vellum Mortgage
So you’ve decided it’s time to purchase a home – how exciting! Whether you’re purchasing your first home or you’ve had some experience with this before, the purchase of a home can be a little daunting. Lucky for you Vellum Mortgage has taken the extra steps to make this process a lot easier. Thanks to Vellum’s redesigned home loan process and our ElevateTM Loan Dashboard the entire journey from application to closing is super easy, and fast.
Because purchasing a home is such an important transaction, we not only have unparalleled technology to assist with the process but, amazing loan officers who will be by your side the entire time. They will work with you to provide you with the right loan for your financial story, lifestyle and goals. And of course, they’ll be available to answer any questions you may have along the way.
We’re so glad you chose to work with us. Here’s a glimpse at our process and how we work to understand your story.
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 mortgage options available.
You’re so close to being a homeowner. Let’s do this!
Real estate markets ebb and flow just like the seasons. The spring market starts hopping when the sun comes out, flowers bloom and winter is over. Conversely, fall signals the beginning of a slower market,…
Now is a Great Time: Interest Rates are Still Low Current interest rates are still low, so if you are thinking of remodeling, buying a new home or investment property or refinancing your current mortgage,…
The FHA Streamline Refinance program is a special refinance program for people who have a Federal Housing Administration (FHA) loan. It is the simplest and easiest way to refinance an FHA loan. Unlike a traditional…
New homebuyers often choose to take out longer term mortgages such as a 30 year term mortgage on their new homes due to the security and peace of mind that a consistent monthly mortgage payment…
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…
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…
Not all home loans are the same. Three key choices are the loan term, or length of the loan, the interest rate type and the loan type. Knowing what kind of loan is most appropriate…
Mortgage guidelines for first-time homebuyers have changed over recent years. In order to ensure loan approval, you need to have everything in order before your application. Credit Credit is very important for the first-time homebuyer.…
Two often confused terms in the home buying process are a mortgage loan pre-qualification and a home loan pre-approval. Here’s what you really need to know about each one. Pre-Qualification A mortgage pre-qualification is simply…
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…
