Business Details
23 Years
experience
Your Trusted Mortgage Partner in Roanoke, VA
Founded in 2003 by childhood friends Bobby Nicely, Billy Siple, and Rob Lindstrom, Alcova Mortgage was born from a shared vision to simplify the homebuying process. Inspired by their roots in Alleghany County, Virginia, the company was built on principles of friendship, service, and innovation. Our mission focuses on demystifying mortgages through personalized guidance, free initial consultations, and flexible communication optionswhether in-person, over the phone, or online.We offer diverse loan programs, including Conventional, FHA, USDA, VA, and Jumbo Loans, alongside unique solutions like the Trade-In Mortgage and Job Gap Protection. Recognized on the Inc. 5000 list in 2012, we remain committed to community impact through initiatives like our Hometown Heroes program and employee volunteer support. Our core valuesCourage, Agility, Sincerity, and Tenacitydrive our dedication to making homeownership accessible and stress-free.
Services
Conventional Loans
FHA Loans
USDA Loans
VA Loans
Jumbo Loans
Reverse Mortgages
Refinance Options
HomeReady Loans
DSCR Loans
Bank Statement Loans
Details
- Year established: 2003
Highlights and features
- We offer 20+ years of expertise in mortgage lending.
- Our personalized approach includes free initial consultations.
- We provide diverse loan programs for all financial situations.
- Our team prioritizes community impact through volunteer initiatives.
- We feature innovative solutions like Job Gap Protection and Trade-In Mortgages.
Associations and certifications
- Inc. 5000
What people say
Outstanding service
Friendly smiles
Seamless experience
Community focus
Innovative programs
Services
Conventional Loans
Conventional loans suit borrowers with strong credit and down payments. These fixed-rate or adjustable-rate mortgages offer flexibility for primary residences, investment properties, or second homes. ALCOVA provides competitive rates and streamlined underwriting for qualified applicants.
FHA Loans
FHA loans assist first-time buyers with low down payments and lenient credit requirements. Backed by the Federal Housing Administration, these loans enable homeownership for those with limited savings or imperfect credit histories through ALCOVA's expert guidance.
USDA Loans
USDA loans provide zero-down payment options for rural homebuyers. ALCOVA helps applicants in eligible areas access these government-backed mortgages with competitive rates and reduced mortgage insurance requirements for qualified borrowers.
VA Loans
VA loans offer exclusive benefits to veterans, active-duty service members, and spouses. ALCOVA specializes in no-down payment options, waived mortgage insurance, and streamlined processes for those who have served our country.
Reverse Mortgages
Reverse mortgages enable homeowners aged 62+ to convert home equity into tax-free income. ALCOVA provides HECM-certified counseling and personalized plans to help seniors supplement retirement funds while maintaining home ownership.
People
Bobby Nicely
Owner
Co-founder with 20+ years in mortgage innovation, Bobby prioritizes simplifying homebuying through customer-centric solutions and community impact initiatives.
Billy Siple
Owner
Billy fosters ALCOVA's collaborative culture, focusing on team development and maintaining the company's founding values of friendship and service excellence.
Rob Lindstrom
Owner
Rob champions ALCOVA's 'work hard, play hard' ethos, balancing operational innovation with community engagement programs across service areas.
Amy Smith
Chief Lending Officer
Amy leads lending strategy with a passion for community-focused finance, ensuring ALCOVA's loan products align with diverse homeowner needs and market trends.
Darren Bridgers
Executive Vice President
Darren drives process innovation, implementing technology solutions to enhance mortgage efficiency while maintaining ALCOVA's personalized service standards.
Questions
What mortgage options do you offer first-time homebuyers?
We provide FHA loans with low down payments, Conventional 97 programs, and down payment assistance options tailored for first-time buyers.
Can I apply for a mortgage online?
Yes, our digital application process allows complete online submissions with real-time status tracking and secure document uploads.
Do you offer jumbo loans for high-value properties?
We provide jumbo loans up to $3 million with competitive rates for luxury homes in high-cost areas.
How does your Trade-In Mortgage work?
This exclusive program lets you leverage equity in your current home toward purchasing a new one without traditional sale contingencies.
What support exists for borrowers facing job loss?
Our Job Gap Protection program offers up to $6,000 in financial assistance during qualifying employment transitions.
Are you licensed in all 50 states?
We operate in 25+ states across the Southeast, Midwest, and West, with expanding branch locations and remote servicing capabilities.
