After graduating from George Mason University with a B.A. in Mathematics, Rick started in the mortgage industry as a real estate appraiser before becoming a mortgage broker. Early in his career, Rick focused on building a strong rapport with the US Armed Forces . Growing up in a military home, Rick has always had a strong sense of patriotism and admiration for the men and women who serve in our nation's armed forces. His passion has allowed him to help thousands of military personnel, both active and veterans alike, to obtain VA financing and attain the American Dream. Rick has consistently been a top producer, managing a highly motivated team and servicing one of the largest financial planning organization to the military. In 2016, Rick was ranked #21 on the National Mortgage Top Producers and has made the Top 100 Loan Originators in the Scotsman Guide's rankings year after year. He is a sought-after industry speaker and had the privilege of sharing the stage at The Mortgage Mastermind conferences in New Jersey and Las Vegas. With over 20 years of high-producing experience Rick enjoys helping real estate agents increase their buyer pool and grow their overall business. His expertise has allowed him to coach his real estate partners to take their business to the next level. In 2016, Rick's business volume increased over 30%. The Mission of The Elmendorf Team is to manage, serve, and promote successful Home Ownership for a lifetime. The mortgage process should not be difficult or intrusive, but rather flow from start to finish with little interruption into the lives of the customers. We actively manage your loan throughout the entire process and strategically monitor it to ensure the structure always fits your short and long term financial goals.
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Private Mortgage Insurance typically costs between 0.5% to 1% of the entire loan amount over 80% LTV on an annual basis.

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Your Monthly Payment

$1,512.46

Your Payment

Monthly Principal & Interests : $1145.80

Monthly Real Estate Taxes : $316.67

Monthly Insurance : $66.67

Monthly PMI : $0.00

Total Monthly Payments : $1529.13

Additional Information

Loan To Value Ratio : 80.00%

Months With PMI : 0 months

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