Are you looking for a mortgage in Virginia Beach? Are you looking for answers to all of your questions on the home buying process?
New American Mortgage is located in Virginia Beach and our full support staff of processors, underwriters, closers and decision makers are here locally. Wouldn’t you rather work with a company you will get personal attention to your loan and your needs?
At New American Mortgage we specialize in FHA, Conventional, VA, VHDA, and Reverse Mortgages for refinancing and purchasing your home.
Contact me today to get started!
Naoma Doriguzzi
(757) 971-2876
naoma.doriguzzi@newamerican.com
Posted in Conventional, FHA, First Time Homebuyers, Purchase, Refinance, Reverse Mortgage, VA, VHDA.
Tagged with mortgage in virginia beach, New American Mortgage.
By Naoma
– January 12, 2010
If you are getting approved for a FHA mortgage be aware of the FHA Property Flipping guidelines. In today’s market property flipping and foreclosures are occuring more often. A property flip is when you purchase a home from the current owner less than 90 days of them purchasing it. If this is the case you are not eligible for FHA financing until the 91st day.
How can you tell? Usually it will be in an LLC on the contract. Also you can ask your realtor - they should know how long they have owned the property.
This is why you must work with an experienced real estate team to ensure a smooth transaction! If you are looking to get qualified for a mortgage in virginia beach, chesapeake, norfolk, suffolk, portsmouth or the rest of Hampton Roads, VA contact us and we can also refer you to an experienced realtor to help you find your home!
New American Mortgage
Naoma Doriguzzi
naoma.doriguzzi@newamerican.com
(757) 971-2876
Posted in FHA, First Time Homebuyers, Purchase.
Tagged with FHA, mortgage in virginia beach.
By Naoma
– August 2, 2009
New American Mortgage is now offering FHA Jumbo Purchase and Refinance Mortgages to our product line. Here is a brief outline of the basic guidelines.
Purchase and Rate/Term Refinance
- 660 Minimum Fico ( all borrowers)
- Max DTI: 31/43 %
- 2 Appraisals required for purchase transactions, regardless of LTV
- Gift funds are not permitted, however, gifts of equity from family members only are acceptable for LTV’s under 80%
- Max LTV of 94.99% for purchase and rate/term refinance
Cash Out Refinance
- 680 Minimum FICO ( all borrowers)
- Maximum cash-out is limited to $100,000 or the lesser of 20% of the loan amount
- The borrower may not have any other financed properties other than the subject property
- 2 Appraisals required for cash-out transactions, regardless of LTV
- Max DTI: 31/43%
- Max LTV of 85% for cash out refinance
For more information on qualifying for a FHA Jumbo mortgage please contact us today!
Posted in Events, FHA, Purchase, Refinance, VHDA.
Tagged with fha jumbo purchase, fha jumbo refinance, New American Mortgage, virginia mortgage.
By Naoma
– July 12, 2009
Virginia Mortgage Information will be sponsoring the New Media Conventions coming September 18, 2009. We are excited to be a part of this event in Hampton Roads. The purpose of organizing this event is to share with business professionals the new ways to grow your business online. Today’s consumers are finding us online now more than ever and we need to stay on top of the growing trends!
I am excited about the speakers and topics we have for the 1st of a series of New Media Conventions coming to Hampton Roads.
Social Media Yesterday, Today & Tomorrow
Keith Parnell, CEO, JASE Group Marketing & Advertising
The Role of Public Relations in Social Media
Michelle Rogerson, Owner, Reina Communications
Successfully Monetizing Your Blog
Julie Maloney, Owner, Momspective
How to Benefit from the Power of Google
Kurt Noer, Owner, Customer Magnetism
Successful Social Media Marketing Campaign, 140 Characters at a Time
Renee Alexander Hamilton, Social Media Strategist, Operation Smile
Make sure you register online at New Media Conventions!
We will see you in September!
Posted in Events.
Tagged with new media conventions, social media.
By Naoma
– July 6, 2009
100% Financing is still available for first time homebuyers through VHDA ( Virginia Housing Development Authority) and New American Mortgage. It is actually 101.5% financing.
96.5% - on the 1st Mortgage
5% - 2nd mortgage
Both are same interest rate with different 4 different options to choose from.
Qualifications for VHDA FHA Plus :
New American Mortgage in Virginia Beach, VA offers VHDA mortgage programs and Naoma Doriguzzi is a certified Homebuyers Certification Trainer.
Now is a great time to buy if you are a first time homebuyer because you may also qualify for the $8,000 tax credit that is only available until November 30, 2009.
Posted in FHA, First Time Homebuyers, VHDA.
Tagged with 8000 tax credit, First Time Homebuyers, New American Mortgage, VHDA.
By Naoma
– June 3, 2009
Recently announced this Sunday New American Mortgage was voted “Best of the Beach” for Mortgages and Reverse Mortgages. This is a great award to win for the local businesses because it was voted on by the local residents.
New American Mortgage offers a wide variety of loan products.
- FHA
- VA
- Conventional
- VHDA
- Reverse Mortgages
- First Time Homebuyers
The reason why I enjoy working here is because we have the local processing and underwriting team here in Virginia Beach and we work together to make sure that the loans close smoothly and quickly for our borrowers.
The New American Mortgage Team is
Naoma Doriguzzi (757) 971-2876 naoma.doriguzzi@newamerican.com
Charlie Doriguzzi (757) 739-7012 cdoriguzzi@gmail.com
Paul Murdock (757) 971-2244 paul.murdock@newamerican.com
Posted in Purchase, Refinance.
Tagged with New American Mortgage, Virginia Beach, Virginia Mortgage Team.
By Naoma
– May 27, 2009
