“Bio”
Socorro has the knowledge and experience to help you through the loan process, find the terms that are right for your budget, and make sure all the legalities are competently handled so that the closing goes smoothly and you can take possession of your new property. Whether you’re a first-time home buyer, looking to trade up, deciding to downsize, or simply wishing for a change, Socorro can help you before you ever make an offer on a property. She can sit down with you and look over your budget, income and savings, helping you get a clear picture of what type and amount of loan is realistic. There are many factors to consider when getting a home loan; interest rates are only one element of the complete package. Being licensed in several states, Socorro will help you consider all your options so you can concentrate on making the best decision for your needs.
“Super powers”
“Tenacity, Commitment, Reliability, Humor, Warmth and Athleticism.”
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Contact
Direct: 718-307-5247
Cell: 347-701-7373
Email: sfernandez@fmm.com
Dept: Sales
Licensed States: NY, PA
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Location
FM HOME LOANS - MIDWOOD CORPORATE OFFICE
2329 Nostrand Avenue, 3rd Floor
Brooklyn, NY 11210
Payment Calculator
Rent Vs. Own
Compare the estimated costs of buying vs. renting a home.
Monthly Rent: | |
Home Purchase Price: | |
Down Payment: | |
Mortgage Interest Rate: |
Should you rent or own? | |
Average monthly payment increase if owning: | |
Estimated total gain over 7 years if owning: |
Rent | Own | |
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Initial Rent Payment | ||
Renter's Insurance | ||
Mortgage Payment | ||
PMI (Mortgage Insurance) | ||
Property Taxes | ||
Homeowner's Insurance | ||
Before Tax Monthly Payment | ||
Annual Home Maintenance | ||
Total Payments Over 7 Years | ||
Total Tax Savings Over 7 Years | ||
Average After Tax Monthly Payment |
Estimated Home Selling Price | |
Loan Balance | |
Estimated Cost to Sell | |
Down Payment & Initial Closing Costs With Unearned Interest | |
Investment Gain of Owning vs. Renting | |
Total Payment Savings of Owning vs. Renting | |
Total Payment Savings of Renting vs. Owning |
The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
RE Training & Seminars
Find out about our exclusive training, seminars and growth opportunities for real estate professionals. Ask your LO for details.
Check Loan Status
Login with your account info to view the status of your loan. Contact your loan officer for details.
Appraisal Portal
Appraisals are required to determine the value of the property. We will let you know when it’s the proper time to pay for your appraisal. When notified, please enter and order your appraisal.