resources

Unlock the power to stop credit bureaus, your choice, your shield.

Guard your personal information, reclaim your privacy, and halt the unauthorized sharing of your data by credit bureaus. Gain the ultimate control over your information, ensuring that it remains confidential and secure. No more involuntary disclosures or unwanted exposure. Save yourself from having to throw away all of those credit card offers. Take charge of your data destiny and shield yourself from unwarranted intrusions. It's time to exercise your rights and preserve your privacy in a digital world that values your consent above all else. Say goodbye to unwanted data sharing and embrace a future where your personal information is truly yours to protect.

Unlock Your Financial Potential: Let Us Guide You to a Stellar Credit Score!

Are you ready to take control of your financial future? We're here to help you pave the way towards a stellar credit score! A great credit score opens doors to favorable interest rates, loan approvals, and financial opportunities you've always dreamt of. Our team is dedicated to providing you with the guidance and knowledge you need to navigate the intricacies of credit building and get you into your dream home or just put you in a better position for financial opportunities. From understanding credit utilization to managing debt responsibly, we've got you covered. Give us a call if you'd like to take a look and plan for your future!

Unlock Your Financial Potential: Let Us Guide You to a Stellar Credit Score!

Building A Custom Home: Setting Expectations And Setting A Budget

Building a custom home is an exciting and rewarding experience, but it also requires a lot of hard work and planning. Before you start, it's important to set expectations and to set a budget. Your expectations should include what kind of house you want, how much you want to spend, and how long it should take to complete. Be realistic when setting these expectations. It's also important to consider your family's needs, such as whether you need a home office or an in-law suite. When setting a budget, make sure to include the cost of the land, building materials, labor, and any additional features you want. Don't forget to factor in hidden costs, such as permits, inspection fees, and closing costs. You should also consider the ongoing costs associated with owning a home, such as taxes and insurance. Once you have your expectations and budget set, it's time to start building your dream home. Having a reliable team on your side will help make sure your home build is a success. Check out the resources we've put together to help make this amazing experience easier for you.

Modernizing Your Open House

Hello, Modernizing your open house will be critical to running and pushing excellent content to potential consumers and buyers as the market shifts, and inventory builds. Each Property has its own story, from needing some " TLC " or help increasing the affordability to potential buyers in today's expensive housing market. I have combined a sample of technology I use in Lender Launchpad and mixed it with content & strategies from my financing background. That enables me to help get valuable information to more buyers or agents who might be passing or thinking about stopping by your open house. ..................................................................... 4-Step Process For Your Next Open House. Step 1: Input property into Listings at Lender Launchpad (Scott is happy to do this for you) Step 2: Add specific content to help educate potential buyers. ( like Total Cost Analysis videos, Virtual Tours, Agent Video with property details, Loan Program PDFs to download, Matterport Videos, etc. ) Step 3: Publish the listing, which generates its unique property site, which can be used for active listing, coming soon, FSBO, etc. Step 4: An Open House Flyer is automatically generated to support your next open house. ( the QR code points to your unique property site and pushes content to the potential buyers or agent's phone when scanned )

Welcome to your Buyers Tool Box!

Hello! Welcome to the your Buyer's Tool Box! There is a lot of information on this page to help you navigate this market. Come back at any time and watch a new video or revisit an old one. I have made some videos to go over questions I am hearing a lot these days, and provide clarity to the complex world of mortgages. With inflation, higher rates and low inventory many will say "It is not time to buy", HOWEVER in this market we are able to fully negotiate with sellers which benefits you, the buyer. We can create affordability and increase your buying power, which makes it a very good time to buy! This tool box is designed to help answer questions, provide insight, give tools, and explain topics to arm you with the education necessary to confidently buy a home. Please watch the video above, and take a look around. Once you are ready to start the pre-approval process simply click "Schedule a Call" so that we can go over any additional questions or concerns you may have OR You can click on the "Apply" button at the top and that will take you to my online Application Portal. The system will walk you through completing the application. Once completed I will reach out to go over any additional items needed or questions. I will work closely with you and your agent to provide the best possible strategies and get the offer you want accepted. Please reach out at any time with questions

Expect More Ups And Downs Before We Are Fully In The Fours

We don't need a lot of runway to get into the fours. However, there's still a lot of volatility in the market, so expect to see some more ups and downs. A trusted advisor can help you navigate these ups and downs. Give me a call and I will be happy to go over your goals and help you plan for a successful purchase

Marketing Your Properties! – How we can help our partners

As a realtor, do you have anything new on the market, something you need help pushing, an open house you need help putting together? My team and I work diligently towards being able to help you market your business and market for your clients. We want to be here for you along the way and help grow your business weather it be with an open house, to boost your listings, create custom listings with your branding, amenities and custom videos of you, custom flyers for you, advertising, co-hosted homebuyer seminars, email blasts, buyer dashboard presentations and anything else you could think of. We are here for you! If you need help, give us a call.

Don’t Miss Our Back To School Event!

Ross Mortgage Corporation will be hosting its 2nd annual Back to School event for Culpeper, Charlottesville, Fredericksburg and surrounding areas. We are looking for sponsors for our upcoming back to school event! Our event is a great opportunity for businesses to reach out to the local community and show their support. We will be providing students with the supplies and resources necessary to start off the school year on the right foot. In exchange for your sponsorship, we would be happy to advertise your business to our attendees, provide a link to your website, or offer other promotional opportunities. If you are interested in sponsoring our event, please contact us at [tpayne@rossmortgage.com]. Thank you for your consideration and we look forward to working with you! If you have decided to sponsor, we have made it easy for you! Click the below link to make your payment via credit card. Your loan number is: Back To School Event https://rossmortgage.com/pages/pay-online

A 203K Option Can Help You Buy A Foreclosed Home And Make Improvements

Foreclosures, even in small numbers, create opportunities for people willing to go in and look at a 203k option, where they can take occupancy of the property and make improvements. Our team has the tools to help you do this.

Top 5 Reasons Why You Should Purchase Today!

Hello, Are you a buyer that has gone to the sideline to wait to purchase a new home or has been delayed from entering the real estate market? If so, I'm sure your reasons could be valid, but I wanted to ensure you have all the information on whether this is a wise choice. The main issue, I assume, would be " affordability " from the significant rise in rates that has lowered your buying power or knocked you out of qualification. You might think this is a negative, but I wanted to highlight this exact issue and show you that it is an excellent thing for you as a potential home buyer. In the video above, I've laid out the domino effect of the increase in the rates market, which allows you opportunities that have not been present in the last few years for home buyers. The lack of affordability and inventory is an exciting and challenging dynamic in this market, making it completely different. What I mean by that is that usually, these two forces don't line out together in this magnitude. For example, when affordability issues last crept into the market, the housing supply spikes with the pullback of buyers, which we experienced recently in 2018/19. The main issue that has caused a much-needed pause in our housing market has been the spike in rates, which caused our affordability issues. So we should focus on the opportunities that present you as a home buyer now vs. just six months. ........................................... Six Months Ago vs. Today Six Months Ago: Buyers competed against 10+ offers per property. Buyers had to release all loan, inspection, and appraisal contingencies. Buyers had to convert their loans into " cash offers " to compete. Buyers had to overbid on their offers to compete. Buyers had to settle on whatever home came on the market. Buyers are being delayed in converting their " cash overs " into loans in this high-rate environment. Today: Few Buyers, which means less competition. Buyers can write offers with and maintain their contingencies. Buyers with minimum down payments can purchase again. Buyers can get fair value or even undervalued properties with their offers. Buyers have more choices of homes than buying whatever comes to market. With help from lenders like myself, we can structure much better terms, like buying down the rate.

Your Guide To Help You Select The Correct Buydown Program

Hello, If you're a buyer trying to purchase in today's market, you might have heard of a "rate buydown." But, you might be like most consumers with how they work, which one to select and why it would benefit you and your family. What Is a Buydown? A buydown is a mortgage financing technique with which the buyer attempts to obtain a lower interest rate for at least the first few years of the mortgage or possibly its entire life. 1 A 2-1 buydown, for example, is a specific type of mortgage buydown that allows homebuyers to save on their interest rate for the first two years of the loan. Buydowns can also use a 3-2-1 structure as well. 3-2-1 Buydown? In a 3-2-1 buydown, the buyer pays lower payments on the loan for the first three years. For each of the first three years of the mortgage, the buyer's interest rate would increase incrementally by 1% annually. The total interest rate would apply beginning with the fourth year of the mortgage loan. While the buyer received savings from the lower interest rate in the first three years, the difference in the payments would have been made by the seller to the lender as a subsidy. 2-1 Buydown? A 2-1 buydown is structured the same as a 3-2-1 buydown; however, its discount is only available for the first two years. So you would have a 2% interest rate reduction for the first year of the mortgage, then a 1% discount for the second year. Your interest rate and monthly payments would increase until your loan reaches its actual percentage rate. This happens in year three of the loan. At this point, your monthly mortgage payment would reflect the real loan rate. You would pay upfront for the 2-1 buydown at closing; theoretically, the money you save over the first two years would cancel that payment. Temp Buydown Pros and Cons Whether it makes sense to use a buydown to purchase a home can depend on several things, including the amount of the mortgage, your initial interest rate, the amount you could save in interest over the initial loan term, and your estimated future income. How long you plan to stay in the home also can come into play in determining your break-even point. Pros * A buydown temporarily reduces your interest rate, saving money and lowering your monthly payments during the initial loan term. * Choosing a buydown may allow you to pay less for the home than the seller's listing price. * It could make sense for homebuyers whose income will increase in the years to come. Cons * Once the buydown rate ends, your monthly payment could be higher than expected. * You could struggle with monthly mortgage payments if your income doesn't increase.