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200 Mineral Springs Road, Suite 205 Rockaway, NJ 07866 Mobile (201) 403-6587 Tel (973) 557-4583 [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
Mike DeChristofano
I’ll be with you every step of the way
Hi, I’m Mike DeChristofano, known as “Mike The Mortgage Guy.” Mortgage lending is more than selling loans; it’s about helping people achieve their homeownership goals. With 21 years of industry experience, I take the time to understand each client’s unique story, whether it’s reaching a better financial position or connecting them to their dream home.
I see my customers as real people with real goals, needs, and dreams. My job is to match them with the best loan product, creating a seamless lending experience and building lifelong relationships. I believe constant communication is key to a successful purchase or refinance, so I’m available 7 days a week. I love my job and share my positive attitude with fellow mortgage originators and real estate agents. No matter your goal, I look forward to working with you!
Outside of work, I enjoy spending time with my wife and two sons, am a die-hard Yankees fan, and an avid San Francisco 49ers fan.
Mike’s testimonials
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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.