Buying a home or considering a refinance? Let’s look at your options, compare the costs, and find financing that fits your goals.
I’m Jonathan “JP” Pocock. Through Virtua Funding, LLC, I provide mortgage guidance with a flat-fee approach and a straightforward explanation of the numbers.
A mortgage is more than an interest rate.
We’ll compare your loan options with attention to:
I’ll explain our fee and how it fits into your overall loan costs. A flat fee does not mean there are no other costs: lender charges, appraisal, title and escrow, prepaid taxes and insurance, and other applicable expenses may also apply.
The goal is to help you understand what you’re paying for and make a sound decision.
Start With a Budget That Works for You
Whether you’re buying your first home, moving, or purchasing a second home or investment property, I’ll help you explore available financing.
We’ll review your down payment, estimated payment, closing costs, and qualification requirements. Low-down-payment and eligible zero-down-payment programs may be available, depending on your circumstances and program requirements.
Start the conversation early—even if you’re still planning.
Whether you’re buying your first home, moving, or purchasing a second home or investment property, I’ll help you explore available financing.
We’ll review your down payment, estimated payment, closing costs, and qualification requirements. Low-down-payment and eligible zero-down-payment programs may be available, depending on your circumstances and program requirements.
Start the conversation early—even if you’re still planning.
Make Sure the Change Is Worth the Cost
A refinance may help you change your interest rate, loan term, or mortgage structure. But a lower payment alone doesn’t tell you whether it’s a better deal.
We’ll compare your current loan with the proposed financing, including closing costs, the time needed to recover those costs, and the effect on your remaining repayment period.
Sometimes refinancing makes sense. Sometimes keeping your current mortgage is the better choice.
Understand the Tradeoffs Before You Borrow
A cash-out refinance replaces your existing mortgage with a larger loan and provides a portion of your equity as cash, subject to qualification and loan limits.
It may help fund home improvements or other financial needs. It also reduces your equity and may change your rate, payment, and repayment timeline.
If you’re considering using home equity to consolidate debt, we’ll look beyond the monthly payment. Moving debt into a mortgage can extend repayment and places your home behind that borrowing.
Explore Your Options for Retirement
For eligible homeowners, a reverse mortgage may provide access to home equity without required monthly principal-and-interest payments.
The most common type, a Home Equity Conversion Mortgage (HECM), is generally available to homeowners age 62 or older and requires HUD-approved counseling.
Depending on eligibility and the loan structure, proceeds may be available through a line of credit, scheduled payments, or a lump sum. A HECM may also be used to purchase an eligible primary residence with a substantial cash contribution.
A reverse mortgage is a loan. Interest and fees can increase the balance over time. Borrowers must continue meeting obligations such as paying property taxes and homeowners insurance, maintaining the property, and meeting occupancy requirements.
We’ll discuss the costs, responsibilities, and alternatives so you can evaluate whether it fits your circumstances.
Your rate and loan options depend on factors such as credit, loan amount, down payment or equity, property type, occupancy, and current market conditions.
For a useful comparison, let’s look at your specific situation.
Call or text JP: (801) 448-3800
Ready to Get Started?
Have questions first? Call or text me.
Ready to apply? Complete the secure mortgage application, and we’ll review your information and discuss the next steps.
Mortgage services provided by Virtua Funding, LLC
Company NMLS: 1015993
Jonathan Pocock | NMLS: 35933
Equal Housing Opportunity
Loan availability and terms are subject to borrower qualification, program requirements, and lender approval. Rates and pricing may change until locked.