Wallick And Volk

read moreOur Mortgage Professionals manage their business portfolios with candor and integrity to ensure that your specific needs are understood and addressed with a comprehensive and personal home buying solution. We enthusiastically deliver home buying options customized to your individual objectives and expectations. Wallick & Volk is dedicated to serving new and existing home owners in utilizing mortgage management tools in a way that will maximize their financial investments for a lifetime. Wallick & Volk has numerous loan programs to help ensure that you are placed in the right loan program, based specifically upon your individual needs.

read moreThinking of buying a home? Here are som mission-critical steps to take before you begin your search. Save for Your Down Payment Contrary to common belief, your down payment could be substantially less that 20 %. Start saving now - you might be. Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put. According to many experts, the real estate market is expected to continue growing in 2021, and it's largely driven by the lasting impact the pandemic is having on our lifestyles.

read moreThe term "refinance" refers to the process of securing a new loan to pay off an existing lender. You may be considering a refinance to change your current loan program or enhance your financial position. Just as with a home purchase, you and your home must both qualify for the new loan, and your ability to refinance may depend on the amount of equity in your home. Withdraw equity from the home to remodel, fund college expenses, or purchase another property. We can't emphasize enough how important it is to work with a knowledgeable Mortgage Professional.

read moreA conventional mortgage loan is a conforming mortgage that is eligible for purchase by Fannie Mae (FNMA) or Freddie Mac (FHLMC). Fannie Mae and Freddie Mac are Government Sponsored Enterprises (GSEs), whose sole purpose is to provide affordable lending and liquidity to the mortgage market. Conventional Mortgages are not insured or guaranteed by the federal government. GSEs only buy loans such as fixed-rate and ARM mortgages that "conform" to their established loan guidelines. In general, the credit, income, down payment and loan amounts of these conforming loans comply with certain pre-determined standards.