Financing a new home purchase or refinancing an existing mortgage to take advantage of lower interest rates can be complex and confusing. As a mortgage loan officer, Portia Vigil's primary goal is to make the process as painless as possible. She works closely with homebuyers to ensure they understand and feel comfortable with every step of the process.
"I love helping families obtain their dream home and providing financing that meets their family goals," Vigil said.
She works with Guild Mortgage Company, which has helped buyers realize their dream of home ownership for more than 50 years.
Vigil shares Guild's commitment to building strong relationships in the community. She sits on the board of directors of the Delta Area Chamber of Commerce, chairs the chamber's ambassadors, coaches soccer, is involved in DHS Band Boosters and is a member of Altrusa. She and her husband Josh are both natives of Delta; he is an Elk and a volunteer youth leader.
Portia learned a lot about building relationships from her father, Alan Helmick, while working alongside him at Helmick Mortgage. She later purchased the firm, but closed it in 2009 to devote herself to raising her four children.
Her decision to re-enter the workforce coincided with the growth of Guild Mortgage on the Western Slope. She hit the ground running, and has been recognized as one of the top producers in the Grand Junction territory.
With Guild, she has the backing of one of the leading privately-held mortgage companies in the United States. She can sort through a variety of options -- FHA, VA, Fannie Mae, jumbo loans and 100 percent financing through Rural Development -- to find the type of financing that best meets each client's financial goals.
Every transaction poses unique challenges, Vigil said, but she works with Guild's underwriters in Delta and the "superb" support team in Grand Junction to overcome any hurdles. "Guild underwrites with common sense, rather than black and white numbers," she noted.
Referrals from satisfied clients and real estate agents are driving company growth across the region, she added. Growth is even on the upswing in Delta. Vigil reports buyers are cashing in on equity on the Front Range and purchasing second homes in Delta County in anticipation of retirement. Inventory has been dropping and some sellers are starting to see multiple offers on their property.
Homebuyers anticipating a purchase in the future can take advantage of several programs from Guild Mortgage. One is a credit repair program, which can help individuals establish or build their credit scores. Guild also offers a pre-approval process so you can begin your home search with confidence. Finally, credit approval protection covers costs you incurred for your home purchase -- if you obtained preliminary credit approval from Guild's underwriter but Guild was unable to close your transaction.
Interest rates are again at rock bottom, so now's a great time to check into financing options from Guild Mortgage. Depending on the principal amount, half a percentage point on a longterm loan can lower monthly payments by a substantial amount. "You've got to run the numbers to determine if refinancing will pay off," Vigil said.
Vigil's office is located in the Delta Professional Building at 540 Main Street in Delta and she can be reached by calling 628-7066.