• Home
  • Buying
    • The Process
    • Mortgages
    • Buyer Consult
    • Search
  • Selling
    • Selling with Laura
    • Marketing Plan
    • Staging and Photography
    • What’s Your Home Worth?
    • Sellers Consult
  • Meet Laura
  • Vendor Guide
  • Let’s Talk

Call 703.283.6120 to discuss your real estate needs

Laura@GuidingYourMove.com
Laura Schwartz, RealtorLaura Schwartz, Realtor
  • Home
  • Buying
    • The Process
    • Mortgages
    • Buyer Consult
    • Search
  • Selling
    • Selling with Laura
    • Marketing Plan
    • Staging and Photography
    • What’s Your Home Worth?
    • Sellers Consult
  • Meet Laura
  • Vendor Guide
  • Let’s Talk

Mortgages

It’s important to get your financing in order prior to looking at homes. You’ll have a better handle on the costs and expenses associated with buying a home, both upfront and over the life of your loan. In this market, we cannot submit an offer on a home until you have been pre-approved by a lender.

Here is the list of documents a lender will need to begin your pre-approval:

  • Most recent 2 years W-2s for each applicant.
  • Most recent 2 consecutive official pay stubs with year to date income, name of company, and your name on them for each applicant.
  • Most recent monthly statements for ALL checking, savings, retirement accounts. Please include all pages to each statement. Please make sure your name and account number is on them, as well as the bank logo. If using an investment account for funds for down payment, please include that statement as well.
  • Most recent 2 years of tax returns with ALL schedules. You should have pages 1 and 2 of 1040s, Schedule A and/or Schedule C or E.
  • A copy of your recent mortgage statement for any property you currently own (if appl).
  • A copy of applicant(s) driver’s license(s).

10 Commandments When Applying for a Mortgage

  1. Thou shalt not change jobs, become self-employed or quit your job.
  2. Thou shalt not buy a car, truck or van (or you may be living in it)!
  3. Thou shalt not use credit cards excessively or let your accounts fall behind.
  4. Thou shalt not spend money you have set aside for closing.
  5. Thou shalt not omit debts or liabilities from your loan application.
  6. Thou shalt not buy furniture on credit.
  7. Thou shalt not originate any inquiries into your credit.
  8. Thou shalt not make large deposits without first checking with your loan officer.
  9. Thou shalt not change bank accounts.
  10. Thou shalt not co-sign a loan for anyone.

Recommended Lenders

gina
Gina Myers
CrossCountry Mortgage
571.655.3324
Gina.Myers@MyCCMortgage.com
www.ginamyersteam.com

Jon Okun
Prosperity Mortgage
443.610.8371
Jonathan.Okun@phmloans.com
jonathanokun.phmloans.com

  • Laura Schwartz
  • McEnearney Associates
  • 374 E Maple Ave, Suite 202, Vienna, VA 22180
  • 703.283.6120
  • laura@guidingyourmove.com

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While it might be rainy outside, summer concert se While it might be rainy outside, summer concert season is right around the corner and tickets are already on sale for Wolf Trap  shows! Some are sold out, some have ticket sales beginning in February. Either way, here are my best tips for attending a concert! Shoutout to Molly Peng and Katie Fry Charnoff  for their contributions! Link in bio for my @ffxnow and @tysonsreporter #neighborhoodexpert column.

#viennava #viennavaoutdoors #outdoorconcerts #WolfTrap #realtormom
Just here to say - Go Birds! 🦅🏈 Just here to say - Go Birds! 🦅🏈
Offer deadlines are back. Not sticking to your wor Offer deadlines are back. Not sticking to your word is back. Cool ✌🏻

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Today's small business is inspired by spring train Today's small business is inspired by spring training around the corner! You know him, you love him, and if you have a kid who plays baseball or softball, you might need him...Mr. @wflancman, the man behind @viennaprimebaseball He offers private and semi-private lessons for pitching and hitting. He can do coaching clinics and team practices. He's worked with my own son and he's so good with the kids both at developing their skills but also their attitudes.  We're still working on that last one 🤠.

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Let's talk a loan recast. What is it? A way to red Let's talk a loan recast.
What is it? A way to reduce your principal balance of your mortgage, and in turn reduce your monthly payment.
How do you do it? Contact your loan servicer and find out the details, which includes any minimum payments at the current loan, minimum lump sump payment, and any associated fees.
Who should do it? Anyone with excess cash or sudden influx of cash who might want to reduce their monthly payments
Why you should care: When you go to buy or sell a house, there's no one size fits all approach. You need someone who can educate you and think creatively on how to get you from point A to point B

#whoyouhirematters #viennva #viennavarealtor #realtorsofinstagram #strategymatters
Holy moly, what a difference a few weeks makes. L Holy moly, what a difference a few weeks makes. 
Last month we were talking 2-1 rate buy downs and seller credits. 
This week we are back to pre offer inspections and multiple offers everywhere. From Arlington to Woodbridge (and I’ve heard the same nationally). 
The market is back 🔥 
*SELLERS* don’t wait for April if you don’t have to! There will be more inventory to compete with. ☎️ me.
January Raffle Time!! Enter by Friday at Noon for January Raffle Time!! Enter by Friday at Noon for a $25 gift card! Enter at www.SchwartzRaffle.com. If you're not a coffee drinker, they have amazing muffins and hot chocolate too!
Sometimes the market even surprises me. the spring Sometimes the market even surprises me. the spring market is here! 🚨
This week @fairfaxcountypublicschools has a 2-hour This week @fairfaxcountypublicschools has a 2-hour early release on Wednesday, followed by 2 days off. So if you have kids who need to occupied, let me share some ideas with you! First: @hammerzonesports and Nothing But Net LLC are having camps with details on my @tysonsreporter post today (Link in bio under neighborhood expert). The other idea we recently did with my own kids was to watch the movie National Treasure and then go to the @usnatarchives Museum, where you can see the Bill of Rights, Constitution, and Declaration of Independence, BUT you can also see the NFL super bowl trophy from the @chiefs, a whole exhibit on Title IX, and learn more sport facts and traditions if your kids aren't totally into history. Read my article for a pro tip to save time!

#viennva #dcmuseums #dcmuseumswithkids #schoolholidays #fcpsschools #baseballcamp #baseball #baseballmom #realtormom #daycamps
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