MortgageRight Fairfax | Mortgages Done the Right Way

Kerry Hogan

Thank you for visiting my page. I’m a native Washingtonian currently residing in Fairfax, VA.

As a 20-year veteran of the mortgage industry, I am no stranger to this competitive market and know the importance of peace of mind when it comes to the financing of your home. Be it financing for military/VA, first-time homebuyers, or multi-million dollar Jumbo mortgages, my training and skill go far beyond just quoting you a good interest rate.

I am passionate about the mortgage industry and the people with whom I work. An ideal day at the office for me is one where I can say I helped a borrower finance their dream home or saved them enough money on the refinance to help send their children to college. That’s what it’s all about – attaining your goals and building financial freedom.

Let me help you on your path to home-ownership today.

Mortgage Loan Originator
NMLS ID# 510009
703-385-1567
kerry@mortgageright.com

Please note: You will be taken to an application page that will require you to create an account if you have not created one already.

Mortgage Loan Options

CONVENTIONAL MORTGAGE LOANS

Conventional loans are not insured by a government agency
Require a minimum 3% down payment
There are a variety of fixed and adjustable rate conventional loans to choose from
Generally carry strict guidelines on credit scores, loan to value ratios, debt to income and down payments
Interest rate varies based on credit score and loan term
Offers 10, 15, 20, 25, 30 and 40 year repayment terms

FHA MORTGAGE LOANS

Great for first-time buyers and buyers with lower credit scores
FHA loans are not restricted to first-time home buyers or low-income buyers
Easier requirements for income and credit score
Minimum down payment 3.5% and lower closing costs
Mortgage Insurance may be less costly than private mortgage insurance (PMI)
Seller can contribute up to 6% of selling price to cover closing costs

USDA MORTGAGE LOAN

Special financing in USDA defined areas
Flexible credit guidelines and qualifying criteria
Lower than market interest rate
No down payment required
Closing costs can be seller-paid or rolled into the loan
Lower monthly private mortgage insurance (PMI)
Ability to finance upfront PMI

VA MORTGAGE LOAN

Eligible for Veterans who have or are actively serving in the military and surviving spouses of Veterans
Qualify with suitable credit, adequate income and valid Certificate of Eligibility
Borrow up to 100% with no money down and no mortgage insurance requirement
Veterans can refinance through the IRRRL (streamline refinance)
Can include cost of remodeling up to 103.15% appraised value
Offers 10, 15, 20, 25, 30 and 40 year repayment terms

JUMBO MORTGAGE LOAN

Financing for high-priced and luxury homes
Good option for self-employed buyers
Available for primary residences, second homes and investment properties
Flexible down payment minimum of 5% on loans up to $2 million
Mortgage insurance is not required
Jumbo cash out refinances up to 95% loan to value with no mortgage insurance

REVERSE MORTGAGE LOAN

Borrower remains the owner of the home
Can stay in your home without ever making another monthly mortgage payment
With a Reverse Mortgage, the borrower receives funds payable when the last borrower leaves
Borrowers must occupy the property as their principal residence
Protection against a declining housing market

The Benefits Of Refinancing

If you are looking for a lower rate to ease cash flow or a shorter term to get your mortgage paid off sooner, we can help you make the RIGHT decision.

Getting a new mortgage to replace the original is called refinancing. This process allows the borrower an opportunity to obtain a different interest term and/or rate. The first loan is paid off, then the newly refinanced loan goes into effect.

It is common for people to refinance when they have equity in their home, which is the difference between the amount owed on their mortgage and the appraised value of the home. In that situation, the borrower has an option to “cash-out” (hence the term cash-out refinance) the value of their home equity allowing them to remodel their home, consolidate debt, pay for college, or other expenses.

Remodel / Renovation

Lifestyle Upgrades

New Start-Up Business

New Baby on board / Adoption expense

Debt Consolidation

Education expense

significant Home damage

When she says 'yes'

Testimonials

“Kerry Hogan has provided my husband and me with mortgage and refinancing services over the past eight years. He is highly knowledgeable, friendly and prompt. Kerry and his team work to serve their clients, and like us, you will be thrilled with your experience (and your rate!).”

“Just closed on our refi with MortgageRight, and I have to say it was the fastest and most painless finance/refi ever. It was less than 30 days from the day I first contacted Kerry until closing. Of course, speed isn't always your friend when making major financial decisions, but Kerry and his team were really on top of things and made us feel comfortable with the whole process. I highly recommend Kerry and his crew!”

“Kerry has been our mortgage guy for nearly a decade. We just closed on a refinance, and once again, Kerry helped us get an outstanding deal. He has gotten to know us well enough to the point where it's down to a routine --once we get his text, we know and trust that there's a great deal out there for us. The combination of his experience, knowledge and professionalism, along with his friendly and non-aggressive manner, enables him to hear and understand what his clients want and need. I would recommend him every day and twice on Sunday!”