• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
The Yi Team – Mortgage on a Mission

The Yi Team - Mortgage on a Mission

Mortgage Experts in Rockville, MD

  • HOME
  • ABOUT
    • About Us
    • News
    • Mortgage 101
    • Mortgage On A Mission
    • The Buzz
  • CONTACT
  • LET’S GET STARTED
    • Apply With Chong Yi
    • Apply With Derek Harman
    • Apply With Erin Finke
    • Apply with Jessica Smith
    • Apply With John Walowac
    • Apply with Jon Ingram
    • Apply with Paul Defngin
    • Apply with Christa Fitch
    • More About Each Mortgage Advisor

Beth Posada, Loan Coordinator

“Always cool, calm and collected, I strive to make your loan experience the same.”

beth@theyiteam.com

Beth Posada, Loan Coordinator

My job is to assist my team and to help make the loan process as streamline as possible.  I collect documents that will flesh out your file, and assist the rest of the team to make sure your loan experience is efficient and successful.

I grew up in the DC area and raised my 3 wonderful children in Newport News, VA.  I have recently moved back and am excited to settle roots here.  I love to travel, outdoor adventures and like to keep myself busy.  I’m a passionate people person.  Always cool, calm, and collected, I will strive to make your loan process experience the same.  


Let’s Get Started

How Does This Work?

Although every loan is different, there are a few basics that you can expect to have happen when you apply for a home loan with Mortgage On A Mission.

The first one is great customer service! Expect to be wowed by these easy steps to start building your wealth with a well-planned mortgage.

We are dedicated to making your mortgage experience as easy as possible. We’ve developed a straightforward process for our home buyers that begins with a simple conversation and ends with a happy homeowner. Before you formally apply, we’ll start with a great conversation.

Start With A Conversation & Pre-Approval

Let’s get to know each other. We’ll talk over your home financing goals, set expectations for the process, and review your entire financial picture. It’s important to know how your loan works for you!

A crucial step in the mortgage process, getting pre-approved prevents you from missing out on your dream home, helps determine your budget and embeds any offer you might make with the weight of an entire local lending team.

Mortgage 101
Fill Out The Loan Application Online

With the help of your lending team, we’ll use the documents you’ve gathered for your online form to complete the loan application. Then, we’ll get to work on preparing your documents for you to complete.

Documents You Might Need
Get All Necessary Docs In ASAP

The most time-sensitive step in the process, at this stage your loan disclosure documents will be prepared and sent to you to be signed. Complete this step as soon as you receive disclosures and be sure to send in all supporting documents with them!

Understanding Your Mortgage Payment
Processing & Underwriting

Now the ball is in our court. Our in-house team of processors will work collaboratively and efficiently to review financial documents, order reports such as appraisal, and prepare your loan file for Underwriting.

An Underwriter will review your loan file to verify it meets lending requirements. This is when your loan is conditionally approved. If any further documents are needed we will let you know.

What Is An Appraisal?
Clear To Close!

The path to homeownership is clear! Expect to receive a Closing Disclosure outlining the terms of your loan shortly.
Be sure to sign your Closing Disclosure 3 days before settlement as required to close on time!

Start Your Journey
FAQ Mortgages During Quarantine

Let’s Get Started On Your Journey to Homeownership

A well planned mortgage helps to build your long term wealth.

Custom home loans designed to help you reach your goals,
with real people who guide you every step of the way,
for the life of your home loan.

Let’s Get Started

What’s Your Home Worth?

Have you been building equity in your home? Find out what it’s worth and how you can leverage that. Sign up for your FREE monthly update.

Let’s Get Social

  • Instagram
  • Facebook

Licensed in MD, DC, VA, DE, PA, WV, SC, GA, FL and IL

© 2023 · Mortgage on a Mission · All Rights Reserved
The Yi Team is DBA of Vellum Mortgage, Inc. LLC NMLS #1657323– nmlsconsumeraccess.org – Equal Housing Lender.