Will Spadola
Mortgage Originator
NMLS# 1333997
Born and raised in upstate New York, I have seen much of what this beautiful state has to offer. I grew up in rural New York and attended Pace University in New York City. I returned to the Capital Region to begin my career with Broadview in 2009. I’ve held several positions within this great company, from working as a teller in multiple branches to opening new accounts, to writing personal and auto loans.
In 2012, I was invited to work with the Homeowners Advantage team, working as a Mortgage Loan Assistant for three high-producing and very successful loan originators. In that position, I learned how exciting and rewarding it can be to make the dream of home ownership a reality for so many people.
I understand that the entire process can be very trying and stressful, but I’ve made it my goal to help buyers fully understand the home-buying process and make it fun and exciting from the day of application to the day you move in.
I have experience working with several mortgage products including conventional loans, as well as FHA, VA, SONYMA, and USDA. Whether you’re a first-time home buyer looking for that starter house or dream home, an existing homeowner looking to refinance, or someone with a few questions about how it all works, I await your call and look forward to assisting you in any way I can.
5/6 ARM1
AS LOW AS
% Rate
% APR1
(70-Day Rate Lock)
7/6 ARM1
AS LOW AS
% Rate
% APR1
(70-Day Rate Lock)
30-Year Fixed
AS LOW AS
% Rate
% APR1
(70-Day Rate Lock)
Traditional Mortgage Options
Fixed-Rate Mortgage1
Finance up to 97% of the purchase price (if qualified) and enjoy quick processing with same-day pre-qualification – if credit qualified. Flexible rates and terms are available.
Adjustable-Rate Mortgages1
Payments may adjust up or down based on interest rate changes. Ideal if you will be in your home for about 10 years or less. Multiple options to fit your specific needs.
Multi-Family/Investment
Financing options for investment and multi-family properties (up to 4-family units).
Low-down Payment Options
FHA Loan2
For first-time homebuyers with credit challenges, the FHA Loan offers a lower down payment. Sellers can provide up to 6% toward closing costs and pre-paid items.
VA Loan2
Eligible veterans can obtain up to 100% financing for owner-occupied properties (1-2 units). Sellers can provide up to 6% toward closing costs and pre-paid items.
Specialty Mortgage Options
Construction End Loan
If you’re buying in a community and the builder doesn’t need cash during construction, this loan may be ideal. You can lock in the rate for up to 365 days.
USDA Rural Loan
This program finances up to 100% of the property's appraised value with no mortgage insurance. Sellers can provide up to 6% toward closing costs and pre-paid items.
Jumbo Loan
The Jumbo Loan features favorable rates, flexible terms, and dependable payments on purchases greater than $726,200.
Community Heroes Mortgage Program
Healthcare
professionals, staff
Law Enforcement
police, corrections
U.S. Military
active-duty, veteran
Fire & Rescue
full-time, volunteer
Education
professionals, staff
Community Hero benefits, available on every mortgage we offer, include3:
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APR = Annual Percentage Rate. All rates quoted are the lowest available rates, actual interest rate will be based on overall creditworthiness. Representative payment for a 30 year fixed mortgage at 5.875% with a 6.022% APR is $6.01 per $1,000 borrowed. Representative payment for 7/6 ARM at 5.375% with a 6.882% APR is $6.57 per $1,000 borrowed for the first 7 years then subject to increase. Rates are accurate as of and are subject to change without notice. Quoted rates may include the requirement of credit union membership at the time of loan disbursal and selection of our Automatic Payment Plan. Rates are based on a purchase or no cash out refinance, cash out options may affect your rate. If an escrow account is required or requested, that payment does not include insurance and taxes and the payment may be greater. Ask about other rates and terms.
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Broadview FCU and its subsidiary Homeowners Advantage can facilitate but are not directly associated with Veterans Affairs (VA) or the US Dept. of Housing and Urban Development (HUD).
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Full disclosures and terms will be provided during Community Heroes Mortgage Program consultations. The summary below is not all-inclusive:
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- Mortgage is restricted to the primary residence (purchase only) located in New York State.
- Must be credit qualified and establish credit union membership prior to loan disbursal. A Broadview FCU checking account with payroll direct deposit and automatic mortgage payments through ACH is required.
- The $500 deposit will be made to the program participant’s Broadview FCU checking account within 30 days of the closing, upon verification of all eligibility requirements.
- Personal real estate attorney fee waiver is a $500 credit, not redeemable as cash. Not available in all areas.
- You are not required to use the program service provider(s) as a condition of the purchase of the subject property. You may use an alternative provider offering a similar service, however related discounts and other savings will not be available to you. Proof of employment in healthcare, education, law enforcement, fire and rescue, U.S. military, or veteran status is required to be eligible for the Community Heroes Mortgage Program.
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Mortgage products in New York State only and offered by Homeowners Advantage (HOA), a subsidiary of Broadview FCU. Licensed Mortgage Bankers – NYS Dept. of Financial Services. HOA NMLS Identifier: 309847. HOA address: 4 Winners Circle Suite 202, Albany NY 12205. Broadview FCU NMLS Identifier: 458314
