An experienced mortgage professional who has served as sales manager of Washington Home Mortgage since founding the company in 1998, Diego Calderon leverages more than 30 years of real estate experience to help individuals and families purchase the homes of their dreams. Working closely with clients, Diego Calderon strives to find the best mortgage rates for financing or refinancing their homes. In addition to hiring and training a staff of loan originators, he partners with builders and Realtors to develop new market shares. He also maintains close contact with other Washington Home Mortgage staff members to help secure and ensure the timely closing of loans. Diego Calderon studied Economics at the University of Maryland. A member of numerous advisory council's to local & national banks for more than two decades, he has previously served as a member of the Board of Directors for the Maryland Mortgage Brokers Association. When he is not working, he enjoys spending time outdoors and coaching his two sons’ youth sports teams.
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Costs INFO for First-Time Homebuyers
A former member of the Maryland Mortgage Brokers Association board of directors, Diego Calderon established Washington Home Mortgage in 1998. During his time with the Bethesda-based company, Diego Calderon has provided support to first-time homebuyers. First-time homebuyers may be surprised to find that having an offer accepted does not mean an individual or family will be able to move into a new house that week, or even that month. The process from applying for a mortgage on residential properties to closing usually takes between 30 and 45 days. The development of electronic loan processing services and increased market competition continue to expedite closing, though most periods still trend nearer the 45-day mark. Not only does the closing process extend the home-buying process by a month or more, it carries additional costs first-time homebuyers should be aware of, including lender origination fees, prorated property taxes, first mortgage payment interest, and title insurance premiums. Homeowners Association (HOA) fees may also apply to certain properties. To learn more about the costs and documentation needed to close on a residential property, prospective homeowners should consult with an experienced real estate professional.
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An accomplished financial services expert and entrepreneur with an extensive career history, Diego Calderon has several years of experience offering expertise in strategic planning, team building, and entrepreneurship, as well as mortgage lending through the U.S. Federal Housing Authority (FHA). Diego Calderon studied Economics at the University of Maryland and is the founder and president of Washington Home Mortgage, where he guides his clients including first-time home buyers on how to obtain the best mortgage rates.
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