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Grants & Down Payment Assistance Programs
Grants & Down Payment Assistance Programs 1024 536 Vellum Mortgage

A 2017 Zillow survey of 10,000 American adults found that two-in-three people who were then renting identified saving for a down payment as their biggest obstacle to homeownership. If you want to become a homeowner,…

Understanding Cash-Out Refinances
Understanding Cash-Out Refinances 1024 536 Vellum Mortgage

If you’ve built up significant equity through your monthly payments and your home’s appreciation, a cash-out refinance may make sense to improve your general financial situation or the value of your home. With a cash-out…

Moving Checklist & Planner
Moving Checklist & Planner 1024 536 Vellum Mortgage

Let’s face it, moving is stressful. Moving all your belongings from one place to another is hard, and so is relocating your life in general. But, let’s not forget that moving to a new place…

Pre-Qualification vs. Pre-approval
Pre-Qualification vs. Pre-approval 1024 536 Vellum Mortgage

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…

101% Financing, No Mortgage Insurance
101% Financing, No Mortgage Insurance 1024 536 Vellum Mortgage

101% Yours. Owning a home is the American Dream! Whether you are a first-time buyer or moving up, we’ve made it easier than ever to get into a new home…even helping with closing costs. We…

7 Reasons You Need a Real Estate Agent
7 Reasons You Need a Real Estate Agent
7 Reasons You Need a Real Estate Agent 1024 536 Vellum Mortgage

The road to homeownership can be bumpy, and it’s often filled with unexpected turns and detours. That’s why it makes sense to have a real estate pro help guide the way. While real estate websites…

Home Equity: What It Is and Why It Matters
Home Equity: What It Is and Why It Matters 1024 536 Vellum Mortgage

It is often said that homeownership builds wealth. So, what is home equity, and how can it enhance your net worth? What is home equity? Home equity is the current market value of your home,…

What is mortgage insurance and how does it work?
What is mortgage insurance and how does it work? 1024 536 Vellum Mortgage

Mortgage insurance lowers the risk to the lender of making a loan to you, so you can qualify for a loan that you might not otherwise be able to get.  Typically, borrowers making a down…

5 Reasons to Buy a Home This Fall
5 Reasons to Buy a Home This Fall 1024 536 Vellum Mortgage

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,…

Vellum Mortgage Teams with Finicity and Freddie Mac to Release Fully Digital Verification of Income and Employment Solution
Vellum Mortgage Teams with Finicity and Freddie Mac to Release Fully Digital Verification of Income and Employment Solution 1024 536 Vellum Mortgage

Centreville, Va., Sept 18, 2019 – Vellum Mortgage announced today, through their partnership with Finicity and Freddie Mac, the October 1 implementation of Finicity’s new Verification of Income and Employment (VOIE) solution, creating a significant…

How a 20-year home mortgage can save you money
How a 20-year home mortgage can save you money 1024 536 Vellum Mortgage

The 30-year fixed-rate home mortgage dominates the housing market, particularly for first-time buyers who appreciate the ability to extend their home loan payments for the longest possible term. The second most common fixed-rate loan term…

Ready to Remodel: What You Need to Know
Ready to Remodel: What You Need to Know 1024 536 Vellum Mortgage

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,…

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?

Patrick Norman

Senior Loan Officer
NMLS ID #: 303097

12700 Fair Lakes Circle, Suite 400
Fairfax, VA 22033

M: (571) 249-3530

Patrick Norman

Senior Loan Officer
NMLS ID #: 303097

12700 Fair Lakes Circle, Suite 400
Fairfax, VA 22033

M: (571) 249-3530