Joe Bydzovsky
Branch Manager
As an experienced loan officer, my goal is to provide you with individual solutions tailored to your specific needs. I review all the details and objectives with you to ensure that everyone is on the same page. I want my customers to remember the smooth process long after the closing is completed. I have access to a large variety of financing options designed to meet the needs of the first-time homebuyer as well as the experienced owner. By providing in-house origination, processing, underwriting and funding services, I can ensure that your loan will be completed accurately, smoothly and in the loan that best meets your needs. This positive experience is why past customers, real estate and financial professionals continue to refer me to friends, family, clients and co-workers. I believe you will too!
Marketplace Approved
There’s a difference between getting pre-approved & getting Marketplace Approved. Our pre-approvals go through certified underwriting up front to give all parties the certainty of closing and closing ON TIME.
5 Day Loan Commitment
Want to make your offer more attractive? Get a complete commitment from underwriting in 5 days with or without a house with our UFirst 5 Day Loan Commitment!
On-Time Closing Guarantee
If we are unable to close your purchase on or before your scheduled closing date, we will pay for your first mortgage payment up to $1,500 P & I AND the seller of the property will also be paid $5,000. *See terms and conditions.
Interest Rates Vs. Affordability
Rising interest rates can make the difference between locking in the home of your dreams today or being locked out tomorrow!
THE MARKETPLACE HOME MORTGAGE BLOG
How to Organize Bank Statements When Applying for a Mortgage
An important part of the mortgage application process involves submitting well-organized bank statements. These are used to help verify application information when applying for a mortgage. Having your bank account statements in order will help keep your application moving. If you’re preparing to apply for a mortgage, or have already started, follow these tips for a smoother, faster process:
- Always provide ALL numbered pages of each account statement. “Page 1 of 8” may be nothing more than a cover sheet. Unfortunately, underwriters don’t know that unless they see it.
- Document the source and purpose of deposits that are not clearly identifiable as being from your employer.
- Make copies of all checks and deposit slips and keep them together in case they’re requested when applying for a mortgage.
- Track transfers, too. You will need to provide statements for both accounts involved. If it is a gift from a family member, please consult your Loan Officer on the proper process to follow.
- Don’t deposit currency and checks together, as this will be hard to document. It’s best not to make cash deposits unless you can clearly document the source of the funds.
Following these steps will make it easy to prove that funds going into your accounts are not borrowed. Even private loans have corresponding payments, so underwriters must be certain to account for all debts. When in doubt, remember we’re always here to answer your questions.
Ready to get started? Find a Home Mortgage Loan Officer near you!
Source: Top of Mind Networks Inc.
The Four Keys to Being Prepared to Buy a Home
You will probably only buy a home a few times in your life, but we’re laser-focused on the process every day. We know how important proper preparation is to making the process easy and rewarding. Reach out today and we’ll get you started on the path to being a well-informed, confident and happy home buyer. Below are four keys to being prepared to buy a home.
- Know what you can afford and how much cash you will need.
Knowing what you can afford before looking at houses is an important first step on the path to home ownership. Getting pre-approved will protect you from the disappointment of falling in love with a home that’s out of reach. Our experienced Loan Officers will be happy to help you get Marketplace Approved® so you know how much you can really afford when you begin your search. - Know where you want to be located.
Identify the area you would like to live in. Learn about the neighborhood before you make an offer to buy. Sample the commute. Talk to future neighbors. See the schools, local stores and services before you start negotiating. - Choose your residential property type.
Consider your range of choices: single family, multi-family, town home, condo, co-op, new construction, etc. Know the pros and cons of each. Decide which is best for you and define your home property search accordingly. - Know your wants vs. your needs.
Think about what you want in your future home: layout, number of bedrooms, attached vs. detached garage, etc. Spend some time considering which features are nice to have, and which are non-negotiable. Having these factors clearly defined will make it easier to compare listings. If you want some help putting these thoughts to paper, check out our handy dream home checklist.
Source: Top of Mind Networks
VA Loans & What They Mean for America’s Heroes
Marketplace Home Mortgage is proud to offer Veterans Affairs mortgages, better known as VA Loans, to America’s heroes. VA loans make it easier for veterans to become homeowners. They offer a zero percent down mortgage option, and rates are typically .25% lower than most conventional loans. VA home loans also do not require mortgage insurance.
Once you have earned eligibility for a VA loan it never expires and can be used as many times as you want. Even if you served 30 years ago, you can still take advantage of this mortgage option today. A surviving spouse may also qualify for a VA loan. If you have purchased a home with a VA Loan, and then sold the home and paid off the VA loan completely, you can re-use your benefit to buy another house.
Did you already purchase a home without knowing about the VA Loan option? Don’t stress – you can refinance with Marketplace Home Mortgage into a VA Loan! Homeowners can refinance up to 100% of the home’s value and get rid of their mortgage insurance, which is a very nice option in the current lending environment.
At Marketplace Home Mortgage, we love working with veterans and active military personnel. We have helped many veterans use this loan program to buy their dream home. To find out if you are eligible, or to get started, contact a Marketplace Home Mortgage VA Loan Officer today.