Day 1 Mortgage

We had a great time this year at the loanDepot 2023 Joint Venture Annual Meeting. It was great getting to refocus our goals and collaborate with our fellow Joint Ventures!

APR stands for Annual Percentage Rate, and it refers to the yearly interest charged on a loan. In the mortgage industry specifically, it's a broad measure of the cost of borrowing money; not only does it reflect the interest rate, but also points, fees and other charges that someone pays when they get a loan. Any other mortgage terms that need deciphering? Reach out!

The truth is, while income is an important factor when deciding how much can be borrowed, other factors such as debt, credit scores and down payment percentage play a big role in loan amount as well. Want to know what you qualify for? Reach out!

The Federal Housing Agency (FHFA) announced an increase in conforming loan limits starting January 1st, 2023! The conforming loan limit for most 1-unit properties has increased to $726,200, up from $647,200. Reach out to us to learn more and see if you can take advantage of this limit increase!

Wishing you and your families a Happy New Year from Day 1 Mortgage!

While a down payment is typically the largest payment you'll make when purchasing a home, you have to consider closing costs as well -- these cover expenses like the appraisal and title insurance. Reach out to learn more about preparing for a mortgage and options to bring homeownership closer to you!

Protecting your identity in a data-driven world is important, especially when purchasing a home. Our Digital Mortgage Application is a secure way to protect your personal information when shopping for a mortgage. To learn more about our virtual loan experience, contact us today!

Welcome Susan Soh to the extraordinary team of loan consultants at Day 1 Mortgage! We are are excited to have you.

Ahead of the upcoming official loan limit change to be announced by the Federal Housing Finance Authority, Day 1 Mortgage is honoring the increase to $715,000 for conforming loan limits!

Please join us in welcoming our newest loan officer, Mirna Mercado to the Day 1 Mortgage team!

Not in love with the place you live? Let's change that! Reach out to us today so we can help you finance your

Please welcome Thomas Elwood to the Day 1 Mortgage team!

(1) Don't fixate on one neighborhood (2) Explore low down-payment financing and local assistance programs (3) Downsize your lifestyle (4) Consider a renovation (5) Maximize your credit score. Reach out today so we can get the process started toward your dream of homeownership!

In general, here’s an idea of the documents you’ll need: (1) Tax returns for the past two years (2) W-2 forms for the past two years (3) Paycheck stubs from the past few months (4) Proof of previous mortgage or rent payments for the past year (5) List of all your debts, including credit cards, student loans, auto loans and alimony (6) List of all your assets, including bank statements, auto titles, real estate, and any investment accounts.

To potentially get a lower rate, you could: (1) Buy discount points (2) Improve your credit score (3) Lock in a rate (4) Make a larger down payment. Contact us today to learn more!

Answers: Down Payment Assistance, Loan-to-Value (Ratio), Debt-to-Income (Ratio), Private Mortgage Insurance

Want to know how these tie into a mortgage? Reach out to us today!

We are excited to welcome our newest member of the Day 1 Mortgage team, Tyler Hupka!

We are proud to have detail oriented loan consultants like Marla Mikhail!

Leverage our digital platform and skilled team to make more competitive offers and win the contract to your next home! Reach out to learn more.

Loan consultants like Steve Salvatore make us proud of the team we have! Great job Steve.

We are proud to offer a variety of loan options including VA loans to help support our veterans. Contact us today to learn more!

With our Digital Mortgage Application, you can apply for a mortgage from just about anywhere. Don't sift through piles of bank statements, W2s, or paystubs — we make it simple. Reach out to us to get started!

If you are considering our Jumbo Advantage loan, you now have the option to lock your rate up to 180 days! Contact us to discuss how our extended rate lock option can help you stay protected from the interest rate volatility.

Did you know that your first mortgage payment isn't due until the beginning of the first full month after closing? This means that if you closed escrow on May 15th, your first mortgage payment will be due on July 1st. For answers to all your mortgage-related questions, contact us today!

We take pride in keeping our customers happy. If you don't believe us, check out this great testimonial for our very own Steve Salvatore!

Protecting your identity in a data-driven world is important, especially when purchasing a home. Our Digital Mortgage Application is a secure way to protect your personal information when shopping for a mortgage. To learn more about our virtual loan experience, contact us today!

Knowing what you can afford upfront can save you a ton of time and stress! Get your pre-approval today and start your home search with confidence.

Whether you're looking to upsize or downsize, we're here to support your goals virtually! Our fully digital mortgage can help you close on a home quickly and securely.

Great Job, Marla Mikhail, on exemplifying our commitment to providing exceptional customer service!