Business Details
Your Trusted Mortgage Partner in Fairfax, VA
At Dominion First Mortgage, we are committed to setting a high standard in the mortgage industry by prioritizing quality customer service and putting the people we serve first. Our mission is to guide clients through the home loan process with expertise, ensuring they confidently select the best mortgage for their needs. With decades of combined experience, our team specializes in residential lending, offering personalized solutions tailored to each client's unique financial situation.We strive to make every client a lifelong partner by exceeding expectations through transparency, professionalism, and a dedication to ethical practices. Our goal is to be your trusted advisor for all mortgage-related decisions, providing ongoing support and innovative financing options.
Services
Commercial Loans
Construction Loans
Conventional Loans
DSCR Loans
FHA Loans
VA Loans
USDA Loans
Jumbo Loans
Non-QM Loans
Refinance Loans
Highlights and features
- We offer over 20 years of experience in residential lending with personalized mortgage solutions.
- Our team provides transparent, no-pressure guidance through every step of the loan process.
- We specialize in complex cases, including low credit scores and investment property financing.
- Our clients benefit from 24/7 availability and direct communication with loan officers.
- We guarantee competitive rates through partnerships with multiple lenders and programs.
What people say
Best in the business
Highly recommended
Stress-free process
Patient and thorough
Excellent communication
Services
Conventional Loans
Conventional loans provide fixed or adjustable-rate mortgages with competitive terms for primary residences, second homes, and investment properties. These loans require 5-20% down payments and cater to borrowers with strong credit histories. Dominion First Mortgage offers 10, 15, 20, and 30-year terms with flexible qualification criteria, making homeownership accessible while ensuring long-term financial stability for clients seeking predictable monthly payments.
FHA Loans
FHA loans enable low-to-moderate-income borrowers and first-time homebuyers to secure financing with 3.5% down payments and lenient credit requirements. Backed by the Federal Housing Administration, these mortgages offer fixed rates and lower closing costs. Dominion First Mortgage specializes in FHA streamline refinancing and energy-efficient upgrades, helping clients build equity while maintaining affordability through government-insured security.
VA Loans
VA loans provide zero-down payment options and favorable terms for eligible veterans, active-duty personnel, and surviving spouses. These mortgages eliminate private mortgage insurance requirements while offering competitive interest rates. Dominion First Mortgage's VA loan specialists handle complex cases, including service-related credit challenges, ensuring military families achieve homeownership with minimal financial burden through Department of Veterans Affairs guarantees.
DSCR Loans
DSCR loans evaluate property cash flow instead of personal income, ideal for real estate investors with multiple properties. These non-QM loans use debt service coverage ratios to qualify borrowers, accommodating business deductions that reduce taxable income. Dominion First Mortgage structures DSCR loans with flexible terms, enabling investors to finance rental portfolios without traditional income verification while maintaining compliance with commercial lending standards.
Refinance Loans
Refinance loans help homeowners lower monthly payments, reduce interest rates, or access equity through rate-and-term or cash-out options. Dominion First Mortgage analyzes break-even points and long-term savings, specializing in streamline refinancing for FHA and VA loans. Our team manages complex scenarios, including mortgage insurance removal and debt consolidation, ensuring clients optimize their financial position while navigating market fluctuations with expert guidance.
People
Tom Morgan
Loan Officer
With over 20 years of experience, Tom Morgan specializes in residential and investment property financing, holding NMLS #209967. He focuses on personalized mortgage solutions for first-time buyers, veterans, and complex credit scenarios.
Diva Zabalaga
Loan Officer
Licensed in MD and VA with NMLS #1175550, Diva Zabalaga provides bilingual (Spanish/English) mortgage services. She specializes in FHA loans and first-time homebuyer programs, emphasizing clear communication and timely closings.
Questions
What's the difference between pre-qualification and pre-approval?
Pre-qualification provides an estimate based on self-reported information, while pre-approval involves verified documentation including credit checks, tax records, and employment verification for a definitive loan assessment.
How do DSCR loans benefit real estate investors?
DSCR loans evaluate property income instead of personal earnings, allowing investors to qualify using rental cash flow. This bypasses traditional income verification, accommodating business deductions that reduce taxable income.
Can I refinance with bad credit?
Yes. Dominion First Mortgage offers specialized programs like FHA streamline refinancing and non-QM options for borrowers with credit challenges, focusing on current mortgage payment history and property equity.
What are the benefits of VA loans?
VA loans offer zero down payments, no mortgage insurance, and competitive rates for eligible veterans. They also feature lenient credit requirements and limited closing costs, maximizing accessibility for military families.
How quickly can you close a mortgage?
Most conventional loans close within 30-45 days. Streamline refinances and FHA loans often close faster, with Dominion First Mortgage's average processing time at 28 days due to efficient document management and underwriting partnerships.
