Wealth n. abundance of valuable resources
Catalyst n. an agent that provokes/speeds significant change/action
4445 Corporation Lane
Virginia Beach, VA 23462
757-285-7272
757-687-0702 fax
dscolamiero@hotmail.com
David Scolamiero
Certified Public Accountant
and
Consultant
Mortgage
Since 1987 David Scolamiero, CPA has been assisting individuals and organizations obtain economical mortgage financing.
As a licensed Virginia mortgage broker (NMLS #201901,www. nmlsconsumeraccess.org) we have relationships with numerous lending sources. We provide our clients with the best rate possible from a network of wholesale mortgage lenders, charge a fixed reasonable origination fee, and pass the savings on to our borrower clients. Does your mortgage professional work in your best interest or the financial institution?
We take the time to carefully listen to you and understand your goals, and then provide a consultative approach to helping you find the right loan. We offer a variety of home loan solutions including first time homebuyer purchase, refinance, FHA/VA, conventional, jumbo, reverse mortgages and more!
Please call for a mortgage loan program best suited to your unique needs.
Why Use a Broker?
Independent mortgage brokers have had a significant positive impact on the lending industry. Today, the use of a professional mortgage broker is one of the key strategies used by sophisticated borrowers.
What is a Mortgage Broker?
A mortgage broker is an independent real-estate financing professional who specializes in the origination of residential and commercial mortgage loans. Mortgage brokers normally pass the actual funding and servicing of loans on to wholesale lending sources. A mortgage broker is also an independent contractor working many lenders at any one time. By combining professional expertise with direct access to hundreds of loan products, your broker provides the most efficient way to obtain financing tailored to your specific financial goals.
What Do Mortgage Brokers Do?
In the volatile home-lending market, mortgage brokers can serve as safeguards, offering their clients security, safety, and peace of mind. One of the broker's most important functions is escorting your loan application through the entire process, constantly patrolling the component transactions for possible breakdowns. A professional mortgage broker can wade through the mountains of rate data and program options, researching current market conditions to find the most accurate and up-to-date information about cost-effective loan options.
Brokers Handle the Details!
There are literally thousands of variables that can affect the outcome of your mortgage transaction. That's why you need a mortgage broker to act as a liaison between the title and escrow company, real estate agent, lender, appraiser, credit agency, the underwriters, the processors, attorneys, and any other services which may affect your transaction.
A mortgage broker also:
Discusses and explains financing program options
Informs you, in writing, of lock-in options
Explains all documents of the loan application
Explains all associated costs of the loan application
Explains the disbursement of all loan applications
Explains the loan process, from application to closing
Provides you with a good faith estimate of cost and fees
Communicates with you throughout the loan process in a timely manner
Coordinates the final closing of your transaction
