-
- monday: 9:00AM – 7:00PM
- tuesday: 9:00AM – 7:00PM
- wednesday: 9:00AM – 7:00PM
- thursday: 9:00AM – 7:00PM
- friday: 9:00AM – 7:00PM
-
- Conventional Loan
- Jumbo Loan
- Purchase
- Refinance
- VA Loan
Clay Carroll
- Originating Branch Manager
- Midlothian, VA Mortgage Loan Officer
- NMLS #513125
I’ll be with you every step of the way
Hi, I’m Clay Carroll, originating branch manager with CrossCountry Mortgage at our Midlothian, VA location. I pride myself on being a dedicated professional with more than 22 years of mortgage experience. My #1 focus is helping clients create wealth through real estate, emphasizing structure and strategy to maximize their return on investment.
As part of America’s #1 Retail Mortgage Lender, I’m very knowledgeable about a wide range of home loan products, including those for first-time homebuyers, FHA, VA, jumbo, renovation, construction, and refinance loans. Whether you’re looking to finance your first home, next home, or current home, we’ll discuss your goals and priorities to develop a personalized mortgage plan.
Over the years, I’ve served on the Board for the Richmond Mortgage Bankers Association and various committees for the Home Building Association of Richmond. Referrals are the heart of my business—I appreciate your help in spreading the word about my services.
Clay’s testimonials
Guides and resources
My social posts
Should I buy a house or keep renting?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Frequently asked questions
-
Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
-
To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
-
A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
-
A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
-
To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.