Graham Pruitt NMLS #521186 at ALCOVA Mortgage

09/24/2026

5.0 star review received on Experience.com for Graham Pruitt by Andrew M D - Speed and communication clarity and frequency

Click to see all 172 reviews of Graham Pruitt at Alcova Mortgage, Branch Partner

09/22/2026

5.0 star review received on Experience.com for Graham Pruitt by Kathleen G - Graham was so helpful! Highly recommend!

Click to see all 171 reviews of Graham Pruitt at Alcova Mortgage, Branch Partner

09/19/2026

5.0 star review received on Experience.com for Graham Pruitt by Timothy G - Graham is an amazing communicator and made one of the most challenging purcahses a young family can make seamless.

Click to see all 170 reviews of Graham Pruitt at Alcova Mortgage, Branch Partner

09/17/2026

Before you wire your closing funds, make this one phone call.

Real estate wire fraud is one of the most common — and most devastating — financial crimes targeting homebuyers.

Here's what happens: criminals monitor real estate email threads and send fraudulent wiring instructions that look legitimate. Once the money is gone, recovery is rare.

Protect yourself:

🔐 Get wiring instructions directly from the title or settlement company
🔐 Call a trusted, verified phone number — NOT one from the email
🔐 Never rely solely on emailed instructions
🔐 Wire early — bank holidays and cutoff times can delay transfers

If anything looks different from what you expected, stop and call first.

I walk every buyer through the wiring process before closing day. Protecting clients is part of the job.

Buying a home soon? Text or email me to set up an appointment.

Graham Pruitt with Alcova Mortgage in Fairfax, VA.

All loans subject to approval. Eligibility, terms, costs, and availability vary based on the borrower, property, and applicable program guidelines. Equal Housing Lender.

09/16/2026

One section of the purchase contract can make a meaningful difference in the buyer's final cash requirement.

Transfer taxes, recordation fees, and seller credits can shift thousands of dollars in either direction — depending on how the contract is written, the loan program being used, and applicable limits.

These items must be correctly reflected on the final Closing Disclosure. When they're not, a buyer might prepare for the wrong number — and only find out at the table.

Your contract, your loan program, your jurisdiction, and applicable program limits all play a role.

This is why your loan officer and your agent need to be in sync from day one.

Buying or selling in the DMV? Text or email me to set up an appointment.

Graham Pruitt with Alcova Mortgage in Fairfax, VA.

All loans subject to approval. Eligibility, terms, costs, and availability vary based on the borrower, property, and applicable program guidelines. Equal Housing Lender.

09/15/2026

Your mortgage statement may not show every monthly cost of owning the home.

Your mortgage payment typically covers:

📌 Principal & interest
📌 Mortgage insurance (if applicable)
📌 Escrowed property taxes
📌 Escrowed homeowners insurance

What it does NOT include:

⚠️ HOA dues

HOA dues are paid separately — directly to your association or management company. They don't run through your lender and won't appear on your mortgage statement.

When I help buyers prepare, we always look at the complete monthly picture: mortgage payment + HOA. That's your real housing cost.

Want to understand your full monthly numbers? Text or email me to set up an appointment.

Graham Pruitt with Alcova Mortgage in Fairfax, VA.

All loans subject to approval. Eligibility, terms, costs, and availability vary based on the borrower, property, and applicable program guidelines. Equal Housing Lender.

09/14/2026

Why can someone close in September and make their first mortgage payment in November?

Mortgage interest is paid in arrears — meaning you pay for interest already accrued, not interest coming up.

When you close, you prepay interest from your closing date through the end of that month. That covers your interest for the month you closed in.

Your first full monthly payment — which covers the following month's interest — isn't due until the first of the month after that.

This is not a 'skipped' payment. The interest is collected at closing. The timing is built into how mortgage interest works.

Understanding this helps you plan your cash flow in those first weeks of homeownership.

Questions about your closing timeline? Text or email me to set up an appointment.

Graham Pruitt with Alcova Mortgage in Fairfax, VA.

All loans subject to approval. Eligibility, terms, costs, and availability vary based on the borrower, property, and applicable program guidelines. Equal Housing Lender.

09/12/2026

Your down payment and your cash to close are not the same number.

Cash to close may include:

✅ Down payment
✅ Lender and title charges
✅ Prepaid interest
✅ Initial tax and insurance escrow deposits
✅ HOA charges and prorations
✅ Property tax prorations

Credits that reduce your total:
✔️ Earnest money deposit
✔️ Seller concessions

The final number is the net of all of these — and it's different from your down payment alone.

Know your full picture before settlement day. Text or email me to set up an appointment.

Graham Pruitt with Alcova Mortgage in Fairfax, VA.

All loans subject to approval. Eligibility, terms, costs, and availability vary based on the borrower, property, and applicable program guidelines. Equal Housing Lender.

09/11/2026

One outdated document created a $4,000 difference in what my buyers thought they needed for closing.

Two versions of the Closing Disclosure were in circulation before settlement. The older version showed a higher cash-to-close figure. The final document had been updated to reflect the seller covering certain transfer taxes — which had always been in the contract but hadn't been captured initially.

That correction changed the buyer's required funds by thousands of dollars.

This is exactly why I go through the final Closing Disclosure line by line with every buyer before settlement day. No surprises. No last-minute confusion. Just clarity.

Thinking about buying a home in the DMV? Text or email me to set up an appointment.

Graham Pruitt with Alcova Mortgage in Fairfax, VA.

All loans subject to approval. Eligibility, terms, costs, and availability vary based on the borrower, property, and applicable program guidelines. Equal Housing Lender.

09/10/2026

A client recently asked me: "Should I sell my investment property before the 2-year mark? Won't I owe a ton in taxes?"

Great question — and the answer is probably not what you'd expect.

If you haven't made a significant gain, there may be little to no taxable income. Throw in repair costs, selling expenses, and agent fees — and a good CPA may be able to zero out that gain entirely.

Sometimes waiting "for the tax benefit" costs you more in carrying costs than you'd ever owe in taxes.

The moral? Run the full picture with your lender AND your CPA before making any real estate decision.

Questions about selling or buying in the DMV area? I'm Graham Pruitt with Alcova Mortgage in Fairfax, VA — text or email me anytime to set up an appointment. 📲