Mary Jane Douma

NMLS# 240056

Branch Manager, Producing

Mary Jane Douma
Branch Manager, Producing

NMLS# 240056
State Lic: CO # 100018773;
1114 N 1st Street
Suite 101
Grand Junction, CO 81501
Branch: (970) 208-1301
Mobile: (970) 270-3025
maryjane.douma@academymortgage.com

MaryJane Douma has exceeded my expectations. We had our closing statements in record early time - no last minute in which a scramble ensues. She has always been available to answer questions no matter how trivial. I can't totally put a finger on it but the first time I met Mary Jane something clicked and I trusted her to help wherever possible.Bill N.
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Welcome!

It’s all about service at Academy Mortgage, and our company has been meeting the needs of homebuyers across the United States since 1988. I joined Academy because of its strong reputation for integrity-based mortgage lending, its unwavering commitment to responsible lending practices, and for its broad portfolio of mortgage solutions and tools.

Since joining Academy, I have helped many individuals and families attain the dream of homeownership. Whether you want to buy a new home or refinance an existing mortgage, I will provide a customized solution for you at competitive rates. No brokering, no middleman, no hassle, no surprises.

Academy is a direct lender, which means that my Branch and Regional Offices are equipped to complete the entire loan process in-house—all loan processing, underwriting, closings, and funding are handled locally. As a result, we have a proven track record of closing loans as quickly and efficiently as possible.

I will be in control of your loan file from start to finish, and I will be up-to-date on the status of your loan at all times. I understand the importance of maintaining continuous communication throughout the loan process and commit to providing you accurate, timely, and honest mortgage advice.

I invite you to put us to the test. Let me show you how simple and easy securing a mortgage can be.

ARTICLES

Read these articles to educate yourself on the mortgage process and industry.

VIDEOS

Watch helpful videos to learn more about Academy.

NMLS# 240056

State Lic: CO: 100018773;

Corp Lic: CO: 3113;

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What kind of homeowners insurance do I need?

Buying a home comes with a long list of decisions. Some choices you'll need to make, like what color to paint the kitchen, won't matter so much in the long run. Others may be critical to your future, like which type of conventional mortgage to choose. One of the more important decisions you'll make is what kind of home insurance you'll choose.

Getting the basics

Most homeowners will have a standard homeowners insurance policy to begin with. Typically, this will cover damaging events like fire, hail or theft, according to Main Street.

There are several components that are generally covered by your insurance policy, explained Money Choice. These include:

When shopping for this basic level of coverage, you may find there are plenty of options. To choose the one that best suits your needs, you should first determine the replacement value of your home. This is not necessarily the price you paid for the home. For example, if you recently moved to a farm, the land probably significantly drove the cost up. But that doesn't mean the land should have an effect on the cost of your insurance policy, because the land itself won't be covered.

"You may be able to save some money by bundling policies."

Insurance may be expensive, but there are ways to cut the cost. If you already have another insurance product, like car insurance, you may be able to save some money by bundling these policies with the same company. Also, if you increase your deductible, your monthly payments could be reduced. However, be careful of doing this recklessly - if you raise your deductible too much, you may not be able to afford the amount in case of an emergency. Your insurance agent should be able to help you finalize these details to best benefit you.

Force of nature

While homeowners insurance will cover some weather events, like hail or wind damage, or a lightning strike, there are other forces that may not be included. If you live in certain areas of the country, you may need to add another policy.

Flooding is not covered by typical homeowners insurance policies. If you live in an area that is prone to flooding or hurricanes, adding flood insurance is advisable. In some areas, it may even be required.

Earthquake damage is also not typically included in homeowners insurance. Those most at risk for an earthquake in the U.S. are homeowners who live on the West Coast, in Alaska, as well as at the intersection of Arkansas, Tennessee, Missouri, Illinois and Kentucky, according to the U.S. Geological Survey.

Expensive taste

Though most homeowners insurance policies will cover your personal belongings inside a home, there may be a dollar limit for more expensive things like jewelry, collectibles and luxury clothing, the Insurance Information Institute explained. If you have a closet full of couture, you may consider getting a floater policy to cover these more extensively.

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2015 CoreLogic Marketrac Report. Contact me to find a loan, get a rate, or calculate your payment today.

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Home renovations that decrease your home's value

While there are many renovations that can help increase the resale value of your home, there are certain changes that will actually make your property less appealing to potential buyers. You may not be planning to sell your home in the near future, but if you think you may want to leave eventually, it is important to keep resale value in mind whenever you consider making changes. 

The following adjustments to a property are likely to decrease its value:

1. Putting in a swimming pool 

A swimming pool seems like it would be a very appealing feature to home buyers, but Money Crashers explained they can actually be a turnoff because they are expensive to maintain. Additionally, pools pose a large safety hazard, and some buyers, particularly those with kids, may not want to deal with the anxiety.

Those who live in climates where it is hot year-round may fare better when it comes to getting a solid return on investment from a pool, but for those who live in cities that cycle through the four seasons, it is unlikely you will regain the full cost of your pool in a sale. 

"Decreasing the number of bedrooms in a home is one of the worst things you can do."

2. Decreasing the number of bedrooms 

According to MarketWatch, decreasing the number of bedrooms in a home is one of the worst things you can do if you ever intend to sell. Buyers these days tend to be far more interested in having more bedrooms, rather than bigger ones. Thus, knocking out a wall to make two bedrooms into one will probably reduce the worth of a property. 

3. Painting your home an uncommon color 

Your taste may not be the same as someone else's, so picking an uncommon exterior color for your home could cost you, according to House Beautiful magazine. Of course, if you are willing to spend the money, you can always repaint the home before it goes on the market. 

The same rule generally applies to interior walls as well. Before putting your home on the market, paint the walls neutral colors for the widest appeal. 

4. Creating an overly luxurious bathroom

Buyers do love bathrooms, but according to Money Crashers, homeowners are unlikely to recoup the entire cost of an overly ornate renovation. The publication suggested avoiding making changes that are specific to one's personal tastes, like a waterfall shower. Money Crashers also cited Remodeling Magazine, who said homeowners tend to only see ROI of a little more than 50 percent for bathroom additions. 

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2015 CoreLogic Marketrac Report. Contact me to find a loan, get a rate, or calculate your payment today.  

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