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!
Get Pre-Approved
Getting Pre-Approved for financing is one of the most important first steps you can take when beginning your house hunt. Get started today by clicking the link above!
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
The Advantages of Getting Marketplace Approved
It’s no secret that getting pre-approved for a mortgage is one of the most important first-steps on the path to home ownership. However, it’s important not to overlook the pivotal decision that comes before that: choosing your mortgage lender.
Not all mortgage pre-approvals are created equally. Using a rapid pre-approval may seem convenient, but it puts you at risk for financing issues down the line. Opting for the quick and easy route could lead to delayed closings. In the midst of moving, having your closing date pushed back can be a logistical nightmare. What’s worse, a flimsy pre-approval could even lead to the loss of your dream home. That’s why it pays to get Marketplace Approved.
When you get Marketplace Approved, you receive a fully underwritten loan pre-approval in 5 day or less. This means that our underwriting team has taken an in-depth look at your financial circumstances and has given you a commitment to lend. Being fully underwritten makes your offer more reliable and thus more appealing in the eyes of a seller.
To double down on the strength of being Marketplace Approved, we offer our clients an unparalleled On Time Closing Guarantee*. With our On Time Closing Guarantee, your home purchase closes on time or we pay the seller $5,000 and the buyer $1,500.
If you are serious about your home search, insist on the best pre-approval in the industry. Save yourself from stress and potential heartbreak by getting Marketplace Approved.
*On Time Closing Guarantee: See program disclosure for complete terms and conditions
How the New Tax Bill Will Affect Homeowners
The new tax reform bill that was signed into law by Congress will be changing taxes related to home ownership in 2018 and beyond. If you are a homeowner, or are considering becoming one, be sure to meet with your tax professional to discuss how these changes will impact you.
SOME KEY CHANGES TO NOTE:
MORTGAGE INTEREST: Prior to the new tax bill, mortgage interest was deductible up to $1,000,000. With the tax reform bill in effect, it will only be deductible up to $750,000. This applies to all homes purchased after December 15, 2017 as well as second homes.
MOVING EXPENSES: Before this year, qualified homeowners relocating for a job could deduct their moving expenses from their taxable income. Moving forward, this deduction is only available to active duty members of the armed forces.
HOME EQUITY LINES OF CREDIT: Mortgage interest paid on Home Equity Lines of Credit will no longer be tax deductible.
STANDARD DEDUCTIONS: The tax reform bill will also change the standard deductions available to each household. With the new tax reform bill in place, the standard deduction has nearly doubled from $12,700 to $24,000. As a result, many homeowners may choose not to itemize their deductions in 2018.
If you have questions related to home ownership, the benefits of buying vs. renting, or the mortgage process, our experienced Loan Officers are available to help.
Source: https://www.congress.gov/bill/115th-congress/house-bill/1
Preparing for Your Spring House Hunt
Each spring as the temperatures warm up, so does the housing market. Even before the snow has melted, sellers are preparing their homes to be listed, and buyers a readying themselves for a search.
If you are among those who plan to buy a house this spring, here are the key first steps you should be taking to get started.
- Meet with an Experienced Loan Officer
Meeting with a Loan Officer is one of the most important first-steps you can take once you realize you want to become a homeowner. Your Loan Officer will review your overall financial situation, go over mortgage options, and help you determine what homes will be within your price range. For this reason, it is important to get started on the mortgage process before you begin seeing properties with your Realtor. Meeting with your Loan Officer early on also gives you a chance to catch and address credit-related issues you may not be aware of. By meeting with your Loan Officer first, you will be prepared to act fast when you find your dream home. To connect with a Marketplace Home Mortgage Loan Officer or branch near you click here. - Find a Realtor
Once you have reviewed your financial situation, taken care of any issues, and understand your budget, your next step should be to find a Realtor. Your Loan Officer may have some helpful recommendations based on professionals they have worked with. Friends and family can also be great resources for agent referrals. Once you have met with a Realtor you feel comfortable working with, you can begin to determine your priorities and define the parameters of your search. - Build Your Wish List
Take some time to think about your priorities. This will be a big help once you begin your home search. Work with your Realtor to outline which neighborhoods, school districts, and amenities you are looking for. Determine which features are a preference and which are must-haves.Going into the spring market with a clear vision of what you are looking for will save valuable time and make it more likely that you will spot the house that is right for you when it hits the market.
In many areas the spring housing market can be hectic, but with a little planning, and the right home buying team, you can be sure you are off to a great start on your path to home ownership.