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3876 Beverly Avenue NE, Building E Suite 39 Salem, OR 97301 Mobile (503) 819-0743 Tel (503) 924-6617 [email protected]
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- monday: 8:00AM – 5:00PM
- tuesday: 8:00AM – 5:00PM
- wednesday: 8:00AM – 5:00PM
- thursday: 8:00AM – 5:00PM
- friday: 8:00AM – 5:00PM
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- Purchase
- Refinance
Steven Hernandez
I’ll be with you every step of the way
Hi, I’m Steven, an experienced loan officer originating loans for the past 27 years. This much time working with happy clients means you can count on me to provide clear communication—in English or Spanish—every step of the way. I’ll make sure you know what’s happening with your mortgage and answer your questions from application to closing. Together, we’ll navigate your home loan journey smoothly.
Whether you want to buy your first home or your next, I offer a variety of loan programs to get the job done. From conventional and jumbo to FHA and VA loans, we’ll discuss specifics and personalize the mortgage experience to fit your needs. I can’t wait to get started on your home financing journey with America’s #1 Retail Mortgage Lender.
Outside of the office, I work extensively with the Spanish-speaking community in Oregon’s Willamette Valley. I graduated from the University of Oregon with a bachelor’s degree and earned my master’s degree at Portland State University.
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How much will my mortgage payment be?
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.
Inspiration for your home loan journey
Frequently asked questions
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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.
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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.
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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.
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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.
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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.