HOME BUYING 101

If you’re new to the Home Buying process – you’ve never bought a home before – you’re in the right place! We’ve put together many of the questions we commonly hear to help you will learn about the entire process.

  • Do I get a Realtor first or a Mortgage Broker?
  • Should I get my mortgage from my bank or credit union?
  • What is a mortgage? What is a Deed of Trust?
  • What does a Realtor do for me?
  • Should I use the Realtor who is listing the house I
    want?
  • How do I get pre-qualified for a mortgage?
  • What is a mortgage pre-approval?
  • Once I am pre-qualified, then what?
  • What is a “Buyer’s Agent?” Do I want one?
  • I found the house I want, now what?
  • What is a “ratified contract?”
  • What is a home inspection? How does it affect my loan?
  • What is an appraisal? Do I have to find an appraiser?
  • What is “hazard insurance” and who does it protect?
  • What is a termite inspection? Why is it needed?
  • What is mortgage Underwriting?
  • What is Clear to Close?
  • What are Escrow vs settlement vs closing?

We’ve helped hundreds of First Time Buyers get a mortgage to buy their first home!

Do any of these questions sound familiar? If so, and if you’re looking for direct, honest answers, we’d love to help.
Please take a moment and fill out the quick contact form below. Someone from our office will be touch in with you as soon as possible to help you get started!

Commitment, Accountability & Training

At Archwood Mortgage, our deep experience helps you beat the Big Banks every day. Nimble. Attentive. No Surprises. That’s us.

BETTER RATES - We scour the country every day to find the best rates available from sources across the country. Compare our rates to Big Banks and even Military Credit Unions - we win almost every time.

BETTER SERVICE - Our Loan Officers are available 7 days a week to ensure your questions get answered, your loan gets properly documented, and you close on time.

Experience - Our team has collectively originated over 10,000 mortgage loans throughout the country. We routinely help borrowers with difficult situations successfully obtain mortgages when others could not.

Patience - We know the mortgage process can seem daunting. We originate loans every day, so we know all of the ins and outs. We are happy to spend as much time as is needed helping you understand the process - and how we add value to you - along the way.

Value - We offer Conventional and Jumbo mortgages, FHA & VA. Fixed rates, ARMs, Interest Only - We have access to literally thousands of mortgage loan programs from most of the biggest mortgage sources nationally. Because we shop our loans with investors from across the country, we are able to get you the right loan at the most competitive rates.

Client Testimonials

  • "Sincere thanks to the entire Archwood team." - CS, Alexandria, VA
  • "We can't thank you enough for all you and your staff did for us." - JC, Arlington, VA
  • "I couldn't have done it without you." - MT, Mount Airy, MD
  • "Worked hard and fast to help me get what I needed." - JW, Springfield, VA
  • "Outstanding and top of the line service." - MM, Vienna, VA
  • "Had our best interests in mind." - DG, Centreville, VA
  • "Even the settlement company was impressed!" - NC, Oak Hill, VA
  • "Thank you for making our buying process a success!" - BC, Virginia Beach, VA