Mortgage Information



Financing Options

At Atlantic Bay Mortgage Group, we pride ourselves on making the mortgage loan process quick and easy. With our experienced team, we can assist you in finding the right mortgage and close on your loan in as little as 29 days.

Conventional

  • Low closing costs, flexible payment options
  • 5% down usually required, can't come as a gift
  • Fixed & adjustable rates available

FHA (Federal Housing Administration)

  • 3.5% down required, can come as a gift
  • FHA 203(k) loan available, for fixer-upper properties
  • Used to buy & refinance a variety of home types
  • Fixed & adjustable rates available

USDA (United States Dept. of Agriculture)

  • For buying homes in rural areas, 30-year fixed rate
  • No down payment required
  • 30-year fixed rate comparable to conventional loan rates
  • USDA direct loan available for low income buyers

VA (Veterans Administration)

  • For members & veterans of the Armed Services
  • No down payment or monthly mortgage insurance required
  • Rates usually better than conventional loan rates
  • Used to buy & refinance a variety of home types
  • Fixed & adjustable rates available

HARP

  • No Appraisal Options
  • Even if your home is valued less than your mortgage we may be able to help
  • For VA, FHA or Conventional Mortgages

Contact a Loan Officer Today!

Scott Sagar

  • Office Phone: 757.525.9877 ext. 4541
  • Direct Phone: 757.434.9905
  • Email: scottsagar@atlanticbay.com
  • Address: 825 Diligence Drive, #126, Newport News, VA, 23606
  • Web: atlanticbay.com/scottsagar
  • NMLS: 70434

Lauriane VanVoorhees

  • Direct Phone: 757.561.7910
  • Email: Lvanvoorhees@atlanticbay.com
  • Address: 5400 Discovery Park Boulevard, Suite 101, Williamsburg, VA, 23188
  • Web: atlanticbay.com/laurianevanvoorhees
  • NMLS: 229013