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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
Roy Montero
I’ll be with you every step of the way
Hi, I’m Roy. As a Hawaii native, I understand the complexities of lending and owning real estate on the island and in the state. I’ve worked in the mortgage industry for over two decades, helping customers purchase their dream homes or refinance for payment savings. I offer experience with numerous loan products to help you achieve your goals, including:
- Fixed and adjustable-rate conventional mortgages
- Jumbo loans
- USDA home loans
- FHA home loans
- VA home loans
- HELOCs
- FHA 203(k) loans
I’m also familiar with unique living arrangements on the island, like Foster Care, “CPR” units, Ohanas, and manufactured housing. Together, we’ll find the right program to turn your homeownership dreams into reality. At America’s #1 Retail Mortgage Lender in Honolulu, HI, from pre-approval to closing and beyond, I’ll make sure you know what’s happening with your mortgage and answer your questions along the way.
Roy’s testimonials
Guides and resources
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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.