Julio Estrada

About Julio

As a 40 year native Washingtonian and 12 year real estate-mortgage advisor I've dedicated myself to providing responsive and responsible lending practices to my community. From my start with Countrywide Home Loans and through the merger into Bank of America Home Loans I have always provided an unyielding commitment to customer satisfaction. Focused on assisting my clients in obtaining and sustaining the American Dream of Home Ownership I joined New Penn Financial-Preferred Trust to provide viable mortgage options,  competitive local mortgage market rates and an industry leading process of efficiency from loan application through settlement.

Our team fully understands that purchasing a home can be a life-changing experience from buying your first home, second-vacation home, retirement home or adding to your investment portfolio. And given the complexity of the home mortgage market, it's imperative to work with a knowledgeable team of lending professionals to help you or your clients make the best decisions regarding mortgage financing. Recently I have converted home shoppers into home owners just by providing a second opinion.

I specialize in FHA, Conventional, FHA 203K renovation, FannieMae Home Path and DU Refinance Plus financing programs.

If you are ready to apply for a mortgage pre approval or need a second opinion to be certain you are receiving realistic and accurate advisement please contact me.

Hablo tu idioma! 

Lending Specialties

New Penn offers the top mortgage products available in the market today. With low down payments, low interest rates, and reduced closing costs, our loan programs can help improve your financial situation.  Some of our most popular product include:

• Fixed rate mortgages: 30, 20, 15 & 10 year terms available
• Adjustable rate loans: 10/1, 7/1, 5/1, 3/1
• Jumbo loans: Borrow up $3 million with competitive rates
• FHA loans: Provides more flexibility in credit, income and equity/down payment requirements
• Interest only loans: Available through New Penn's proprietary loan programs
• VA loans: Mortgages for Veterans and Active Military
• Renovation loans: Facilitate home improvements
• Real Estate investor loans: Flexible financing to refinance or purchase investment properties

Tools and Calculators

This calculator helps you determine if now is the right time for you to refinance.

Monthly Payment Calculator

Use this calculator to determine your monthly payment based on your loan amount and interest rate.

Rent vs. Buy Calculator

Are you better off buying a home, or should you continue renting?

Loan Comparison Calculator

Use this tool to compare mortgage loans.

These calculators are only meant to estimate results based on the information you enter. They do not take into account all factors that you should consider when choosing a mortgage, nor can we guarantee that the terms you enter reflect terms actually offered by New Penn Financial.