Your Local CrossCountry Mortgage Loan Officer
Ren Gates
I’ll be with you every step of the way
Hello! I’m Ren. Mortgages don’t need to be scary. I’m the son of a 30+ year mortgage veteran, Tom, who I’m now proud to call my partner. With Team Gates at America’s #1 Retail Mortgage Lender, we know that no two customers, loans or homes are the same. We take the time to understand you and your goals, so you get the right mortgage for your plans.
We pride ourselves on timely and transparent communication, creative problem-solving and taking the stress out of home financing. Whether you’re buying your first home, your tenth home or looking to save on your current home, we’d be honored to help you and your family and have some fun in the process.
When I’m not helping families finance their dream homes, you can find me exploring all the natural beauty that Bend has to offer with my wife and two boys. New client consultations are fun in the office, but even more fun up at Mt. Bachelor, on the golf course or at one of our countless fantastic breweries 🙂
We can’t wait to get to know you.
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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.