Your Local Mortgage Lender
Located in Tysons, Virginia
Personalized Mortgage Experience
Jose Burgos 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 Tysons, 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
What If Waiting for Lower Rates Before Buying a Home Is Actually the Riskier Move
The Assumption Behind the Waiting Strategy That Deserves a Closer Look
Jose Burgos talks to buyers every week who are holding off until rates improve. He gets it. The logic is straightforward. Wait for a lower rate, get a lower payment, buy from a stronger position. It sounds like patience. It sounds like discipline.
What it does not always account for is what the market looks like when that lower rate arrives.
The Sequence Nobody Thinks Through
When rates fall enough to feel meaningfully different buyers who have been sitting on the sidelines do not stay there. They all receive the same signal at the same time and they move together. The buyer pool that was thin during the higher-rate period suddenly expands and that expansion runs directly into the same inventory those buyers were waiting to afford.
More buyers competing for available homes pushes prices higher. The savings from the lower rate get partially or fully absorbed by the higher purchase price required to win in a market where sellers no longer need to negotiate. The financial improvement that waiting was supposed to produce does not materialize the way the strategy implied because the rate and the price do not move independently. They move together and not always in the buyer's favor.
What Exists Right Now That Will Not Exist Then
The current market has produced something buyers should recognize as genuinely valuable while it lasts. Fewer competing buyers means sellers are motivated to work with the buyers who show up. Price negotiations are happening. Sellers are contributing toward closing costs more frequently than they were during the peak of the seller's market. Seller-funded rate buydowns that accomplish exactly what a lower rate would accomplish in terms of monthly payment are being built into offers and accepted.
That leverage belongs to today's buyer. It does not follow anyone into the lower-rate market they are waiting for. When competition returns sellers get their leverage back and the concession conversation changes immediately.
The refinance option is also available today and will be available after the purchase if rates improve. Buying at today's price with today's negotiating power and refinancing later when rates are better is a sequence that produces a strong long-term outcome. Waiting for the rate while the price climbs and the leverage disappears is a different sequence with a less certain result.
The Question Worth Asking Instead
Nobody knows when rates will fall. Jose Burgos does not. Economists do not. The confident voices on social media making predictions do not have information that the bond market does not already reflect in current pricing. A purchasing strategy built on that prediction is not conservative. It is a bet.
The question with a real answer is whether today's payment fits comfortably within today's budget at today's rate. If the answer is yes the case for moving now rather than waiting is worth examining seriously.
Send Jose Burgos a message and he will build both scenarios in real numbers. Buying now versus waiting a year, side by side, so the decision is grounded in actual figures rather than assumptions about which path produces the better outcome.
Sources
NAR.realtor
MortgageNewsDaily.com
FederalReserve.gov
ConsumerFinancialProtectionBureau.gov
Investopedia.com
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