Tom Sellman is a Charlottesville native, having lived, played and volunteered in the area since 1977. Tom has been in the mortgage industry since 2003. He has helped numerous clients purchase their first homes, second homes, and investment properties in his 16 years serving the local community. Tom finds the most joy in refinancing past clients, helping them shave time and money off their loans. He has vast experience with new construction homes and navigates FAM’s many new constructions loan options seamlessly; whether his clients are qualified for conventional or FHA financing or in need of a One-Time Close Construction to Perm option, Tom is sure to aid in the building of your dream home! Tom attributes his successful career to his attention to detail and ability to make life-long relationships with satisfied clients who continue to refer family and friends.
Tom is a member of CARR and the Charlottesville Chamber of Commerce and a dedicated volunteer with the Special Olympics. When Tom is not hard at work for his clients, he enjoy playing tennis, cheering on the Washington Nationals and spending time with dog, Addie, the long hair Weimaraner.
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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