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Knowledge Base

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How Do Interest Rates Affect My Purchase Power?
How Do Interest Rates Affect My Purchase Power? 1024 536 shannonleydig

Nothing affects a home’s affordability more than interest rates. After all, we live with the monthly payment, not the amount of the loan. The higher your mortgage rate is, the higher your monthly payments are…

Is a Mortgage Pre-Approval Necessary?
Is a Mortgage Pre-Approval Necessary? 1024 536 shannonleydig

Do you need a mortgage pre-approval letter to make an offer on a house? You know you need to get your ducks in a row before looking at homes, but does that include securing a…

Things to Remember
Things to Remember 1024 536 shannonleydig

  The are many factors that can change your ability to qualify for a mortgage. It’s important to follow these guidelines until your loan is closed. Do Pay all your monthly bills on time Keep…

The Factors That Determine Your Mortgage Interest Rate
The Factors That Determine Your Mortgage Interest Rate 1024 536 shannonleydig

When you take out a mortgage to buy a home, you pay interest over the years. So what determines that rate? Obviously, your credit history probably plays the biggest role, but there are other factors…

Conforming & VA Loan Limit Changes for 2020
Conforming & VA Loan Limit Changes for 2020 1024 536 shannonleydig

FHFA Announced Increase in Conforming Loan Limits for 2020 The Federal Housing Finance Agency announced that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than $510,000. In most…

Top Tax Benefits of Owning a Home
Top Tax Benefits of Owning a Home 1024 536 shannonleydig

Owning a home will often be the most expensive and important purchase you will make in your life. To encourage home ownership, the IRS has provided several tax breaks for owning a home. Deductions lower…

Credit Tips for First-Time Homebuyers
Credit Tips for First-Time Homebuyers 1024 536 shannonleydig

When applying for a mortgage loan, your credit will be one of the key factors in whether you’re approved, and it will help determine your interest rate and possibly the loan terms. It’s a good…

Happy Veterans Day
Happy Veterans Day. Thank You for Your Service.
Happy Veterans Day. Thank You for Your Service. 1024 536 shannonleydig

$500.00 Lender Credit for Veterans1 You served our country. Now it’s time for us to serve you. We are proud to offer a $500.00 lender credit at settlement to any qualified Veteran, active duty U.S.…

Grants & Down Payment Assistance Programs
Grants & Down Payment Assistance Programs 1024 536 shannonleydig

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,…

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

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…

What to do after closing on your home.
To Do After Closing On Your Home
To Do After Closing On Your Home 1024 536 shannonleydig

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…

Home Equity: What It Is and Why It Matters
Home Equity: What It Is and Why It Matters 1024 536 shannonleydig

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,…

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?

Shannon Leydig

VP, Senior Loan Officer
NMLS ID #: 197958

M: (703) 675-9942
O: (571) 830-2814

12700 Fair Lakes Circle, Suite 400
Fairfax, VA 22033

Shannon Leydig

VP, Senior Loan Officer
NMLS ID #: 197958

M: (703) 675-9942
O: (571) 830-2814

12700 Fair Lakes Circle, Suite 400
Fairfax, VA 22033