Mike Hacker - AVP, Sales Manager NMLS 877028

11/03/2026

⭐ Recognizing Outstanding Performance ⭐

Congratulations to Mike Hacker for earning Gold Club recognition this past quarter!

Success isn't measured by a single transaction—it's built through consistency, trusted relationships, and a dedication to delivering exceptional service. We're proud to recognize your accomplishments and look forward to seeing your continued success.

10/31/2026

Happy Halloween! The scariest thing I see this time of year isn't a costume. It's a buyer who's almost to closing and then decides to finance new furniture.

Between approval and closing, your loan is still being verified. A new credit card, a car loan, a job change, or a big deposit you can't explain can all raise questions and slow things down right when you're nearly there. The fix is simple: keep things steady until you have the keys, and check with me before any big financial move.

Have a safe and happy Halloween!
804-586-6117 | [email protected]

10/30/2026

Mortgage rates were mostly unchanged during the week ending October 30, 2026, as the Fed held policy rates steady and inflation remained stubborn. Presidential Bank Mortgage is an Equal Housing Lender.

Enjoy this quick update on what's going on in the housing and financial markets.

10/28/2026

Your down payment is only part of what you'll bring to closing, and it's one of the things that catches buyers off guard the most.

Your cash to close is your down payment plus closing costs and prepaid items like homeowners insurance and money set aside for property taxes. Then anything already paid or credited to you comes off the top, like your earnest money deposit or a seller concession.

You'll first see an estimate on your Loan Estimate, and your final number shows up on your Closing Disclosure, which you'll get at least three business days before closing. No surprises on the big day.

Want a ballpark of what your number might look like? Let's figure it out.
804-586-6117 | [email protected]

10/26/2026

Every month, your rent check helps someone build wealth. The question is whether it should be you.

When you rent, your payment covers a place to live and that's it. When you own, part of every payment goes toward paying down your loan, which builds equity in a home that's yours. And with a fixed-rate mortgage, your principal and interest stay the same for the life of the loan, while rent can go up year after year.

That doesn't mean buying is right for everyone today. It depends on your budget, your plans, and how long you see yourself staying put. But if you've been renting because you assumed buying was out of reach, it's worth running the numbers before you sign another lease.

Let's compare what you're paying now to what owning could look like.
804-586-6117 | [email protected]

10/23/2026

Mortgage rates held steady during the week ending October 23, 2026, despite rising oil prices and continued volatility in the bond market. Presidential Bank Mortgage is an Equal Housing Lender.

Enjoy this quick update on what's going on in the housing and financial markets.

10/23/2026

Virginia Housing programs remain one of the strongest resources for buyers in our state, particularly those navigating the upfront costs of a purchase.

Eligible borrowers may be able to pair a Virginia Housing loan with down payment assistance, making homeownership more accessible without draining savings. Income and sales price limits apply, and first-time buyers complete a homebuyer education course as part of the process.

I help my borrowers determine early whether Virginia Housing is the right fit, so they can shop with a clear picture of their options. Let's see what's available to you. 804-586-6117 | [email protected]

10/21/2026

Did you know the seller can help pay your closing costs?

It's called a seller concession. Instead of you covering every closing cost out of pocket, part of it is negotiated into your offer and paid by the seller at closing. That can free up cash you'd rather keep for moving, furniture, or savings.

A few things to know:
-It has to be written into your purchase contract.
-There are limits, and they depend on your loan type.
-The home still has to appraise for the agreed price.

It's not the right move in every deal, but it's worth knowing it's on the table. Let's figure out if it makes sense for you.
804-586-6117 | [email protected]

10/20/2026

5.0 star review received on Experience.com for Mike Hacker by Brandy L K - I appreciate Mike's availability and knowledge. I appreciate his assistant's attention to detail and organization.

Click to see all 1102 reviews of Mike Hacker, AVP, Sales Manager | NMLS 877028

10/19/2026

"Rural" might be a bigger area than you think.

USDA loans are designed for buyers in eligible rural and suburban areas, and one of the biggest perks is that they can require no down payment. Plenty of buyers assume they don't qualify because they don't live out in the country, but eligibility is based on location, so it's always worth checking the address.

A few basics:
-The home must be in a USDA-eligible area.
-There are household income limits, based on your county and family size.
-The home has to be your primary residence.

Looking at homes outside the city? Let's check if USDA is an option for you.
804-586-6117 | [email protected]