Hello I am Laura Truax, Branch Manager with Finance of America Mortgage. I have a unique love for both sides of the mortgage industry. I enjoy being involved with the Operations side (processing, underwriting and closing) because I enjoy deadlines, process flow and helping create systems that help us give uncompromising service to our clients and business partners. I also enjoy the Mortgage Origination side because I love helping guide clients through the process and share in their excitement of homeownership. When Operations and Sales work as a team the home loan process can be rewarding and successful for all.
With over 21 years of experience I have held almost every position in this field. Processing, Underwriting, Mortgage Loan Officer and Manager. I am thankful for what the years have taught me. This experience also gives me an advantage to problem solve, assist and be there for all my clients and business partners while making this process fun and informative. As one of the Branch Managers here I am thankful every day for the opportunity and trust clients and business partners give us to help them through their transaction. We are lucky to have one of best and most knowledgably staff’s in the industry and I am honored to work beside them every day!
What I want people to know is you can contact me with any question or scenario and I will exhaust all avenues to assist.
Get an idea of what your monthly mortgage payment may be, including costs associated with your mortgage such as property taxes, homeowners insurance, and Private Mortgage Insurance (PMI), if applicable.
Recalculate your new house payment based on loan amounts, interest rates, and other factors, to see if refinancing your mortgage is a smart financial move.
Calculate how much house you can afford. Get an estimate for a mortgage amount that may fit comfortably within your budget.
Why Finance of America Mortgage?
We’re not about pushing loan papers. We’re about moving your dream forward. And we do that through knowledgeable local advisors, a personal approach, and a variety of smart loan options.
Frequently Asked Questions
The total number of properties you may look at will depend on several factors, such as your budget and the housing availability in your area. In general, real estate agents recommend that homebuyers look at several properties before making a decision, but there is not an exact number. Most people look at 10 homes, at a minimum, so they can compare them. However, you may find the dream house with more or fewer searches.
When it comes to the best home buying tips, there are different ways to search for properties. Statistics from the National Association of REALTORS® reveal that 51 percent of buyers searched and found their homes on the internet, while 30 percent used real estate agents. Other ways to search for homes include asking friends, relatives, neighbors and homebuilders for help. A small percentage of homebuyers used newspaper advertisements and yard or open house signs to search for homes.
Although a pre-approval is not one of the required steps to buying a house, it can certainly help you stand out in a competitive market with many buyers. A pre-approval can show sellers that you’re serious and capable of getting a mortgage, so they may be more likely to accept your offer.
You have questions, we have answers.
Together, we’ll find great mortgage solutions.
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