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Refinance
Tom joins his office mates in the 5K run/walk for cancer.
Open, honest and straightforward, Tom Kulis has developed time-saving methods that make the mortgage process easy for borrowers, ensuring that their loan will close on time. He has helped over 3,000 families finance their homes through Conventional, VA, USDA and FHA loans.
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This calculator is made available to you as a self-help tool. All examples are hypothetical and for illustrative purposes only. Any calculations assumes the theoretical borrower will have excellent credit and are based on information you have provided. Any amount calculated is an estimate only. The actual amount may be higher or lower depending on location, loan type, and many other determining factors. This information was prepared by an independent third party, and accuracy is not guaranteed. We encourage you to seek personalized advice from qualified professionals regarding all financial issues and needs.
This calculator is made available to you as a self-help tool. All examples are hypothetical and for illustrative purposes only. Any calculations assumes the theoretical borrower will have excellent credit and are based on information you have provided. Any amount calculated is an estimate only. The actual amount may be higher or lower depending on location, loan type, and many other determining factors. This information was prepared by an independent third party, and accuracy is not guaranteed. We encourage you to seek personalized advice from qualified professionals regarding all financial issues and needs.
This calculator is made available to you as a self-help tool. All examples are hypothetical and for illustrative purposes only. Any calculations assumes the theoretical borrower will have excellent credit and are based on information you have provided. Any amount calculated is an estimate only. The actual amount may be higher or lower depending on location, loan type, and many other determining factors. This information was prepared by an independent third party, and accuracy is not guaranteed. We encourage you to seek personalized advice from qualified professionals regarding all financial issues and needs.
This calculator is made available to you as a self-help tool. All examples are hypothetical and for illustrative purposes only. Any calculations assumes the theoretical borrower will have excellent credit and are based on information you have provided. Any amount calculated is an estimate only. The actual amount may be higher or lower depending on location, loan type, and many other determining factors. This information was prepared by an independent third party, and accuracy is not guaranteed. We encourage you to seek personalized advice from qualified professionals regarding all financial issues and needs.
The first thing you should do before you consider purchasing a home is to meet with a licensed mortgage banker who will help you understand how much you can afford to buy. Some people think they must pay off all their debt before they can qualify for a mortgage, but this is not the case. After determining how much you may qualify for, it is the important to assess your needs such as the size of home you’d like to purchase, location, and condition of the property. Writing down the elements important to you will help your real estate agent to find your dream home.
Many of our previous clients were worried about not qualifying for a mortgage due to previous credit issues. If you fear that your credit is so bad that you won’t qualify for a mortgage you should still reach out to one of our licensed loan officers that can help put you on the right track to finally purchase a home you’ve always wanted. Many times our expert advice can not only help you qualify for a loan quicker, but possibly get you a more favorable interest rate too. This could save you thousands of dollars over the course of the loan.
The first step if you are thinking about buying a home is to contact Atlantic Bay Mortgage. We will help you evaluate how much loan you can qualify for. We gather information about your goals and fit the correct mortgage product to your needs. We will also give you an approval letter to use when shopping for a home. Then you’ll know exactly how much you can afford to spend, and it will speed up the process once you do find the home of your dreams.
The first step of the process is to contact Atlantic Bay and learn how much home you can purchase. With just a few brief questions we will be able to understand your home loan needs and find the perfect solution for you. Then we will help introduce you to a local real estate agent if you do not already have one. They will help you shop for your dream home. The greatest advantage is that the seller pays for the real estate agent’s commissions so it is better that you work with a professional. We will then walk you through the paperwork and verify all your information. Once you have found a home and all the paperwork is processed we will schedule your closing to sign the final paperwork. Once you close on your home, you’ll be finished and ready to move in!!!
A home is one of the best financial investments you can make. When you rent, you write your monthly check and that money is gone forever with no return on your investment. But when you own your home, you can deduct the cost of your mortgage loan interest from your federal income taxes, and usually from your state taxes. This may save you a lot each year, because the interest you pay is the majority of your monthly payment for most of the years of your mortgage. You can also deduct the property taxes you pay as a homeowner. In addition, the value of your home may go up over the years. Finally, you’ll enjoy having something that’s all yours – a home where your own personal style will tell the world who you are.
Yes, this program is for anyone looking to purchase a home regardless of if you have owned a home before.
Within minutes of contacting one of our licensed mortgage bankers, you will know the mortgage amount for which you can qualify. We close loans 3x faster than our nearest competitor and can have you in your new home in fewer than 30 days assuming you’ve found the right home for you.
You are not alone, this is a very common occurrence and we have plenty of home loans that do not require a large down payment. Some of our loans allow you to finance up to 100% of the purchase price and other loans even give you money to repair a home.
Typical documents needed during the loan process are the past 2 years’ W2s, bank statements, 401K statements, tax statements, copy of sales contract (if applicable), and copy of driver’s license. Other items may apply depending upon your specific situation.
Your monthly mortgage payment is made up of 4 parts:
Most loans are for 30 years, although 15 year loans are available, too. During the life of the loan, you’ll pay far more in interest than you will in principal – sometimes two or three times more! Because of the way loans are structured, in the first years you’ll be paying mostly interest in your monthly payments. In the final years, you’ll be paying mostly principal.
Paying debt on time and in full has the greatest positive impact on your credit score. Late payments, judgments and charge-offs all have a negative impact. Missing a high payment will have a more severe impact than missing a low payment, and delinquencies that have occurred in the last two years carry more weight than older items.
This factor marks the ratio between the outstanding balance and available credit. Ideally, the consumer should make an effort to keep balances as close to zero as possible, and definitely below 30% of the available credit limit when trying to purchase a home.
This portion of the credit score indicates the length of time since a particular credit line was established. A seasoned borrower will always be stronger in this area.
A mix of auto loans, credit cards and mortgages is more positive than a concentration of debt from credit cards only.
This percentage of the credit score quantifies the number of inquiries made on a consumer’s credit within a six-month period. Each hard inquiry can cost from two to 25 points on a credit score, but the maximum number of inquiries that will reduce the score is ten. In other words, 11 or more inquiries within a six month period will have no further impact on the borrower’s credit score. Note that if you run a credit report on yourself, it will have no effect on your score.
Open, honest and straightforward, Tom Kulis has developed time-saving methods that make the mortgage process easy for borrowers, ensuring that their loan will close on time. He has helped over 3,000 families finance their homes through Conventional, VA, USDA and FHA loans.
Tom Kulis launched his career with Atlantic Bay in 1997, setting up shop in a tiny Roanoke office soon after the company was founded, along with owner Brian Mason. He is one of Atlantic Bay’s original mortgage bankers. Tom has a vast amount of product knowledge and has perfected the originating process into a science.
He is extremely systematic and thorough, making the process easier for both the client and the underwriter. Tom says, “I collect all the client’s information up front all at once. If I tell you what I need when I meet with you, I don’t need to meet with you anymore. I don’t have you chasing documents. I very seldom have to call clients to ask for more documents. I get the information upfront and then it is easy.”
Realistic and down to earth, Tom says, “Honest, straightforward communication is very important. I’ll tell you what we need and why we need it. I’ll explain how the mortgage process is going to go and what you can expect. I don’t just tell you what you want to hear. I am going to tell you if there are issues.”
To help facilitate the approval process, Tom carefully scrutinizes each file before giving it to the underwriter and provides only the documentation needed to make a decision. This extra step trims time from the underwriting and approval process, ensuring the loan closes on time.
Tom was very knowledgeable and helpful with this process. He even answered questions after the process was over.
We are aged and you have been so kind and patient! You've done a fantastic job! We definitely would ask for your service again!! Evelyn said you did a great job! Thank you!!
I would recommend this Mortgage group to anyone. Tom Kulis was excellent at his job! I would not hesitate at a chance to work with him again.
The entire mortgage experience at Atlantic Bay was efficient and easy. Tom and Melissa were very easy to work with. They addressed all of our questions/ concerns, were professional and thorough.
I personally use Tom Kulis, but also use Kim for the majority of my real estate buyers. NO better service!!
Tom was excellent. Great customer service. I was impressed when he had remembered my mother had been hospitalized when I was working with him. He asked about her several months later. :-)
We have worked with Tom Kulis on two refinances and he and his staff are efficient, knowledgeable, and great to deal with.
Tom Kulis is impressive. Very truthful about the process the entire staff was helpful in every way. Highly recommend working with Tom Kulis and staff at Atlantic Bay.
Excellent service by everyone involved. Thank you
Tom was great!!
Outstanding service. All questions answered. I had not had a home loan for about 17 years, thus the process was somewhat intimidating. You made it very simple and straight forward.
Tom was above and beyond all expectations.
Obtaining my loan was a very quick and easy process! Thanks!
Excellent Service! Tried for months to get an answer with another bank. Our realtor Mike suggested Tom at ABMG. We were so grateful. We had an estimate that day! If we had any questions, they were great to answer as well letting our realtor know what we needed making it where we were not the middle and they resolved a lot for us! This is our first home and we could not have been more pleased how smooth and professional. Recommend you to family and friends. Thanks for everything. Because of you and Mike we got our perfect home. By the way, we don't think any other mortgage company could have made it better. ABMG gives 110% and it shows.
Thanks Tom
Tom and Melissa was great could not ask for anyone better
Tom has always been very helpful. As far as I'm concerned I will always do my business with Tom.
I loved how simple the loan process was made for me! Tom and Staff, I am so glad I was able to work with you during the purchase of my new home. Everything was made very simple for me and I never felt confused during the process. Thank you for being so helpful and for making my first home a reality!
We had a wonderful experience working with Tom Kulis. It was very pleasurable experience for us especially since this was our first home owner (buying) experience.
I have done business with Tom Kulis on two different closings, He was professional. He was wonderful to work with. Would use him again.
Tom got me the loan I wanted and did it faster then I could have asked for! He makes you feel like you are the only customer he has. Look forward to next transaction!
Tom was great to work with!
Even at my age, I received the best loan process. No problems and with respect. Thanks
Tom was great to work with- quick to respond to our questions and very professional.
I especially want to thank Mr. Kulis's staff. They weren't above and beyond!!!
Mr. Kulis was quick to answer our questions, even at a moments notice. There was no waiting or guessing. Would use him again, always. Wonderful, personal, professional service.
Mrs. Ann Carpenter
Finishing up #2. It's been great! Have added 1 pet and 1 fence and 1 new car. Had to...
But anyway, Thanks Atlantic Bay, couldn't have done it without you.
Another Great experience with Mr. Kulis. This is the 3rd home loan I have gotten from him.
Tom was very nice and always had all the answers I needed when I had questions. Very fast with getting my loan approved and excellent service. Melissa (the secretary) was always very polite and answered any questions I had. I will definitely recommend them to others!
Mr. Kulis helped us get in our new home quickly and with little effort on our end.
Tom and his office were great. Best loan experience I have ever had!
Tom Kulis is an exceptional employee. I could not have been more pleased with his knowledge and assistance.
Refinancing is a headache to say the least. However, this time around it was like someone came along and said leave the details to me, and meant it! What a blessing!
It was a big surprise that everything worked out so easy. Thanks.
Easy, simple and painless. Tom did a great job and he got the deal done quicker.
Tom was exceptionally helpful and friendly!
Tom Kulis is very professional, friendly, and knowledgeable. We chose Atlantic Bay Mortgage Group due to Tom. He had assisted us in the past.
Tom made everything very easy and was extremely efficient. Getting a loan through Atlantic Bay was stress free and we got a great deal. Thank you!
Tom Kulis was proficient and aggressive. Without him, my family would not be in the home we have now.
We were originally working with our bank couldn't get the letter we needed for approval. Ten minutes on the phone with Tom and we had everything we needed. Tom exceeded our expectations.
Tom was great and made sure everything went smoothing.
We were very happy working with Tom.
I went with Atlantic Bay because the entire process was handled online. No office visits required.
Really appreciate Tom for processing loans quick and understanding out needs.
I'm a first-time home buyer. Tom was optimally efficient and helpful. He was professional, yet personal, to the comfortability of dealing with a trustful relative. Very pleasant experience and greatly experienced.
This was the most efficient loan process I have ever been through. Very happy.
The loan process was easy. All info was given. Nothing was hidden. Was able to call anytime with questions. I had another loan offer from another company and dropped immediately once we were pre-qualified.
The entire staff was very helpful and professional. I appreciated the personal attention I received while working through the process.
Tom Kulis is the best. He found the best rate for my refinance and met all of my needs. I will recommend and have recommended him to all who are in need of a mortgage. As long as he is working, I will give my business to him.
Tom does a great job. Will use Atlantic Bay again.
Tom is the best. Breaks it down so I understand. Tells me straight up if financially beneficial and always makes it easy.
Tom Kulis and his staff are awesome.
I only talked to 2 people. Both were courteous and professional.
Tom Kulis is great to work with. This was the easiest home loan ever and was very fast and professional. I have told all my friends of how easy this deal was from start to finish.
Tom was very knowledgeable and always there for me.
Everything has been great.
Tom Kulis was excellent.
Tom handled everything very well and pushed it through fast.
Mr. Kulis was outstanding to work with.
Atlantic Bay Mortgage Group and Tom Kulis was amazing!
Person to person, it was easy and I liked it.
Tom in Radford, VA is excellent!
Tom and Atlantic Bay Mortgage Group helped us out on everything we needed in every way and on every level.
Tom was outstanding! Everything went off without a hitch and not one problem!
Tom was very efficient!
Tom Kulis went above and beyond to help us with our mortgage loan and we truly appreciate the care he showed us!
Tom Kulis and Jodie were very professional, prompt, and very pleasant to work with. I could not have asked for any better service. They were excellent in my book and I would highly recommend Tom and Atlantic Bay Mortgage Group to anyone that I know who is in the process of purchasing a home.
Tom was very professional and direct. He answered my questions and took time to explain what I didn't understand. We are very pleased with his service.
We could not have asked for a better experience! We really appreciate Tom and Melissa as this is our third time using Atlantic Bay Mortgage Group. We would not think of going elsewhere should we need another loan.
Tom was friendly and responded quickly to any and all questions.
We loved working with Tom. He was very professional and answered any questions we had which made our first home buy very easy.
We had a great experience working with Atlantic Bay Mortgage Group. Any questions we had Tom answered them quickly and we will definitely refer anyone to Atlantic Bay Mortgage Group.
Mr. Kulis was pleasant to work with, and he addressed things more like a friend than business!
Tom and his whole staff were professional and extremely efficient in servicing my home loan. Thank you all.
Truly a painless process. Tom always had my best interest in mind and was always clear throughout the process.
Tom Kulis and his staff were very knowledgeable and professional and this was a painless process.
Tom was great! We had lots of questions along the way, and he answered all of them quickly and was very informative!
Tom Kulis was there to answer every question and nice to deal with.
Working with Tom was a real privilege and he is definitely one of the best!
Tom was very professional and I would highly recommend him to anyone.
Tom was a pleasure to meet and work with, and he answered all my questions honestly.
Tom and his staff were friendly and provided great customer service.
Tom Kulis and his staff at Atlantic Bay Mortgage Group were as friendly and helpful as could be. They made us feel very comfortable and we knew we had made the right choice for our refinancing needs. He answered all of our questions and was able to put my fears to rest. I felt like they really cared about us and our well being. My husband and I are telling our friends and co-workers about Tom and Atlantic Bay Mortgage Group and we having nothing but good things to say.
Tom Kulis is wonderful and was always there for me.
Tom was great to work with and answered all of our questions as quickly as possible!
Awesome service! I had always heard getting a mortgage was difficult, but with Tom it was a breeze.
No one could have made the process any easier and our questions were answered promptly with no assuming or guessing.
Tom's knowledge made the process so easy and I would recommend him and Atlantic Bay Mortgage Group time and time again.
Seamless and fantastic service! Tom is wonderful to work with.
This was the easiest home closing we have had. Tom is awesome, explained everything, and was very easy to work with.
Tom Kulis makes the loan process easy. I recommend him to everyone as he does a great job and I call him any time I need anything!
Great service! This is my third time with Atlantic Bay Mortgage Group.
Tom is a very knowledgeable mortgage banker who was willing to go the extra mile to make sure that my home buying experience was easy and fulfilling. Thank you Tom!
Tom and his team were exceptional from start to finish!
We are new to the Radford area, and were introduced to Tom. Tom helped us in buying our new home, and the entire experience was easy. We would recommend him to anyone.
Tom and his team were great people to work with as they were very professional and courteous.
Tom was great and helped me from beginning to end.
Tom Kulis is phenomenal and he patiently answered every question I had. I would highly recommend Tom to anyone looking to buy a house.
Tom provided great service with easy correspondence, answering all questions. He was very friendly and I will recommend him to anyone.
Tom is always helpful and works hard.
Contact Tom Kulis
Tom Kulis
Mortgage Banker | NMLS #210449