Mahone Mortgage LLC

08/27/2021

Mahone Mortgage would like to welcome Alex Mahone to the team. After graduating from James Madison University in 2013, and later completing service in both AmeriCorps and the Peace Corps, Alex joined the International Rescue Committee, where he worked with refugees and other immigrants to help them gain U.S. citizenship and petition to reunite family members from abroad. Alex then served in AmeriCorps through the Arlington Public Schools, and upon completion of that program, he moved to rural Zambia, Africa, and served in the Peace Corps for two years as an elementary and middle school teacher.

In Zambia, Alex met his wife, Maria, who was also a Peace Corps Volunteer. They moved to Charlottesville after completing their service in 2018 and had a baby boy, named Benjamin, in April. Alex is now ready to start his new career as a licensed loan officer and is eager to help his home community with their mortgage needs.

06/26/2018

Mahone Mortgage has a new investor that will do 100% financing. We have been waiting for this program to become available and we are super excited! Also, next month Freddie Mac will be rolling out …

05/24/2018

10 years ago my brother, Tom, and I had a vision to start our own mortgage company. We had both been in the mortgage business for over 20 years and felt the time was right to start our own business…

07/10/2017

https://philipmahone.com/2017/07/06/two-new-changes-will-loosen-up-the-mortgage-market/

Two new changes to the mortgage lending market are about to go into effect that will help make it a bit easier to obtain a mortgage. The first change is that Fannie Mae and Freddie Mac are raising …

01/27/2017

Before you start yelling at me about ‘oh no, here we go again’, hear me out on this. The biggest obstacle I see with first time home buyers and move up buyers is the money it takes for …

01/11/2017

https://philipmahone.com/2017/01/10/fha-lowers-monthly-mip/

Starting January 27th, FHA will lower their monthly mortgage insurance to .6% from .85%. On a $200,000 mortgage that would be a reduction of approximately $41 a month. It looks like we are starting…

01/09/2017

https://www.facebook.com/philip.mahone.7/posts/10212083357709256

Freddie Mac has come out with a new program designed to help more borrowers obtain financing with lower down payments. Since the real estate crash of 2008 Fannie Mae and Freddie Mac have increased …

12/06/2016

Mahone Mortgage is proud to announce our continuing participation as a Founding Local Partner of The First Tee of The Virginia Blue Ridge. As a Founding Partner, Mahone Mortgage has committed to donate $4,000 during the 2017 calendar year to help the First Tee continue to develop our local youth by teaching lifelong core values through the game of golf. The First Tee of The Virginia Blue Ridge has already touched the lives of over 5,900 local children in its first year of operation, and relies heavily on outside donations to operate. We would like to thank all of the Founding Local Partners for their commitment to such a great organization and would encourage everyone to go http://www.thefirstteevirginiablueridge.org/ to learn more about The First Tee.

The First Tee is an international youth development organization introducing the game of golf and its inherent values to young people.

06/20/2016

Alex Heads To Zambia For The Peace Corps!
When our 25 year old son, Alex, broke the news to Penny and me that he was going in The Peace Corps we were stunned to say the least. We are a close knit family and the idea of our oldest son going to Africa for 27 months was a gut check. He went to James Madison but was home for the weekends at least once or twice a month. Plus we could go visit him anytime for lunch. He then went to Arlington and worked for the AmeriCorps for the last year, but same thing, we saw him almost every weekend. But yesterday, after 17 hours on the plane, he landed in Zambia (see picture below, Alex is the one right under the lion's nose). So Penny and I, as well as Alex's brother and sister, Drew (22), and Emma (20), have to deal with not seeing Alex for at least the next 15 months (Alex is scheduled to come home for a week next September to be in one of his best friend's wedding, Joe Cady. Thank you Joe for getting married and having Alex in your wedding!) So how do we deal with it?

Obviously, we will all miss Alex dearly. We all have our special bond with Alex and not being able to spend time with him is going to be hard. Not having him at the UVA basketball games with us, not being able to play golf together, or just not being able to hang out together will be tough. But for me, the way I get through it is to stop and think about what an amazing young man he is. As one of my golfing buddies said to me, he is doing god's work. How true. Not many people give up 27 months of their life to help the less privileged. Most won't give up 5 minutes. So the best way I can put it is that Alex makes you want to be a better person. Every time I tear up and start missing him I just have to say, "stop thinking about myself!" There are people dying, starving, and struggling to get through the day and it is people like Alex that make this world a better place.

I will pray that Alex stays safe and has an amazing time in Zambia. I also know that he will change lives there along with all the other amazing people in the photo above. But most of all Penny and I are just proud and honored that Alex is our son.

12/10/2014

Kim's son Josh has big night in Warriors win. Way to go Josh!

Josh Casteen scores a career-high 15 points in the Warriors' 67-36 victory over Louisa.

08/28/2014

New Blog from Philip on personal property in the sales contract:

On just about every purchase we do at Mahone Mortgage there is personal property in the contract. Normally it's just a refrigerator or stove and it's no big deal. But lately we've seen tractors, bo...

07/23/2014

CHARLOTTESVILLE GETS VOTED HAPPIEST CITY IN AMERICA!

Looks like Virginia isn't just for lovers — it's for happy people, too.