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354 Merrimack Street, Suite 315 Lawrence, MA 01843 Mobile (978) 810-5544 Tel (978) 587-0269 [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
Ross Billings
- Originating Branch Manager
- Lawrence, MA Mortgage Loan Officer
- NMLS #1450217
I’ll be with you every step of the way
Hi, I’m Ross. My goal is for you to have the best mortgage experience possible. I do this by bringing empathy, understanding, efficiency, and expertise to the process. I’ll work to make your home loan smooth and even, dare I say it, fun!
I moved to the mortgage industry in 2016 after a seven-year career as the finance director of a Fortune 500 auto dealer. I’ve stayed because I really enjoy helping people achieve homeownership, which I strongly believe is the mainstay of the American dream for a family. Years of looking at consumer credit gave me the ability to examine a transaction from all angles. My dedication to learning means I am constantly adding to my knowledge of home loan programs. By staying up to date on guidelines and changes, I can find the best mortgage options for you and avoid bumps in the road that could delay your closing.
As a member of our Lawrence, MA team at America’s #1 Retail Mortgage Lender, I’m ready to give you the outstanding home loan experience you deserve.
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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.