Your Local Mortgage Lender
Located in Fairfax, Virginia
Personalized Mortgage Experience
Andrea Kling offers personalized service and loan options you'll love. We shop multiple lenders to find the best rate and product for you, getting you into your dream home faster.
With wholesale interest rates and cutting-edge technology, we make the mortgage process seamless. Trust the experts who focus solely on mortgages. Support your local community and experience elite client service.
Let us help you achieve your homeownership dreams!
The Home Loan Process
Mortgage Pre-Approval
Get pre-approved from one of our Loan Officers to see how much you can afford.
House Shopping
Work with a trusted Real Estate Agent to find a home you would like to move into.
Loan Application
Complete your home loan application to get the lending process started.
Don't take my word for it
Mortgage Programs
Experience the best mortgage experience located in Fairfax, Virginia.
Home Loan Options
Our experienced mortgage advisors will walk you through the best mortgage loan program that will fit your specific scenario.
Conventional Home Loans.
FHA Home Loans.
USDA Home Loans.
VA Home Loans.
Frequently Asked Questions
How often can I refinance my mortgage?
There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.
Can I buy a home if I do not have money for a down payment?
Yes! There are a number of bond programs that offer low or no down payment financing options.
How do I know which mortgage is right for me?
The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.
How long will the loan process take?
The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.
Will I qualify for a home loan?
The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.
Why do people refinance their mortgages?
Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.
How much money will I have to pay upfront to buy a home?
This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.
Can I get a mortgage after bankruptcy?
You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.
Should I lock my interest rate now, or wait until we are closer to our closing?
Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.
Most Recent Blog Updates
MÉTODO BRRRR: CÓMO LOS INVERSIONISTAS PUEDEN REUTILIZAR SU CAPITAL
El método BRRRR es una estrategia de inversión inmobiliaria basada en una idea sencilla: comprar una propiedad, mejorarla, generar ingresos por alquiler, refinanciarla y utilizar el capital recuperado para buscar otra inversión.
BRRRR significa Buy, Rehab, Rent, Refinance y Repeat.
Puede ser una estrategia interesante para inversionistas que quieren construir un portafolio de propiedades con el tiempo, pero también tiene riesgos. Los números deben funcionar en cada etapa.
1. BUY — COMPRAR
El primer paso es encontrar y comprar una propiedad con potencial de inversión.
Los inversionistas que utilizan BRRRR suelen buscar propiedades que necesitan mejoras, pero que tienen potencial para aumentar de valor después de las renovaciones.
Por ejemplo:
Precio de compra: $150,000
La idea no es simplemente comprar una propiedad barata. Antes de comprar, el inversionista debe calcular los costos de renovación, el valor potencial después de las mejoras, los ingresos por alquiler, los costos de financiamiento y otros gastos.
2. REHAB — RENOVAR
El siguiente paso es mejorar la propiedad.
Esto puede incluir renovaciones como actualizar la cocina o los baños, reparar el techo, cambiar los pisos u otras mejoras que aumenten el valor de la propiedad o la hagan más atractiva para los posibles inquilinos.
Por ejemplo:
Compra: $150,000
Renovaciones: $30,000
Total invertido: $180,000
Uno de los principales riesgos de esta estrategia es calcular por debajo de lo real los costos de renovación. Reparaciones inesperadas pueden cambiar rápidamente los números.
3. RENT — ALQUILAR
Una vez renovada, el inversionista alquila la propiedad.
Ahora la propiedad puede generar ingresos por alquiler que pueden ayudar a cubrir gastos como:
Mortgage
Property taxes
Insurance
Mantenimiento
Property management
Períodos sin inquilinos
El objetivo es que la propiedad tenga sentido financieramente como rental property, no solamente que se vea mejor después de las renovaciones.
4. REFINANCE — REFINANCIAR
Después de mejorar la propiedad y establecerla como rental, el inversionista puede explorar un refinance.
Si la propiedad aumentó de valor, un refinance podría permitirle acceder a parte de la equity, dependiendo del programa de préstamo, appraisal, requisitos de LTV, ingresos, crédito y otras condiciones.
Por ejemplo:
Total invertido: $180,000
Nuevo valor de appraisal: $220,000
El inversionista pudo haber creado equity adicional mediante la compra y las mejoras.
Sin embargo, refinanciar no significa automáticamente que podrá recuperar toda esa equity. La cantidad disponible dependerá de las guidelines del lender y de las condiciones del nuevo préstamo.
5. REPEAT — REPETIR
Aquí es donde el método recibe su nombre.
Si el inversionista logra recuperar parte del capital que utilizó en la primera propiedad, ese dinero podría potencialmente utilizarse para realizar otra inversión.
La idea es reutilizar el capital en lugar de comenzar desde cero cada vez.
Con el tiempo, un inversionista podría utilizar esta estrategia para construir un portafolio más grande de propiedades de alquiler.
¿CUÁLES SON LOS RIESGOS?
El BRRRR puede ser una estrategia interesante, pero no está garantizado que funcione.
El inversionista debe considerar:
Que las renovaciones cuesten más de lo esperado
Que el appraisal sea menor de lo esperado
Cambios en las tasas de interés
Costos de financiamiento más altos
Problemas con inquilinos o períodos sin alquiler
Gastos de mantenimiento y property management
No poder refinanciar bajo las condiciones esperadas
La estrategia funciona mejor cuando el inversionista entiende los números antes de comprar la propiedad, en lugar de esperar que los números funcionen después.
EN RESUMEN
El método BRRRR es más que simplemente comprar una propiedad y renovarla.
Es una estrategia basada en crear valor, generar ingresos por alquiler, construir equity y potencialmente reutilizar el capital para realizar nuevas inversiones.
Buy. Rehab. Rent. Refinance. Repeat.
El objetivo no es simplemente tener una buena propiedad. Es desarrollar una estrategia que pueda repetirse para construir un portafolio de bienes raíces a lo largo del tiempo.
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