Ellie Vargas

SR. REAL ESTATE LOAN OFFICER

NMLS #943098

 

Office: 800.877.2345 x.6053

 Direct: 323.209.6053

evargas@figfcu.org

Hello, I’m Ellie! I’m proud to serve as a Farmers Insurance Federal Credit Union (FIGFCU) Loan Officer. Our mission is to help Members achieve their financial goals through personalized and community-focused lending solutions. With nearly 25 years of experience in the credit union and mortgage industry, I understand that no two Members’ needs are the same. I’m committed to providing tailored loan options and transparent guidance––whether you’re buying your first home, upgrading, or refinancing to save money. Regardless the size of your loan, I’m committed to helping you fully understand the cost and terms of your loan and its impact on your budget.

At FIGFCU, your financial well-being comes first. I take pride in building lasting relationships with our Members and helping them make informed, confident decisions about their financial future. I’m here to make the lending process smooth, clear, and stress-free from start to finish.

I’ve completed more than 1,000 transactions in my career and can assist you no matter which state you live in. Fluent in both English and Spanish, I’m ready to assist you every step of the way. Let’s work together to turn your homeownership dreams into reality.

APPLY NOW

Ready to submit a full application?
Click below to get started.

RATE QUOTE & PRE-QUALIFICATION

Ready to receive a rate quote or get your
pre-qualification? Click below to get started.

MORTGAGE CALCULATORS

The following online calculators serve as helpful
tools during the mortgage process.

WHAT TO EXPECT

From the very beginning, we’ll collaborate with you to identify the loan that best fits your requirements and assist you throughout the lending process to ensure a seamless and hassle-free experience.

STEP 1

Gather Financials & Get Pre-Approved

Send us your financial details, we'll calculate a customized loan estimate for you, and provide a pre-approval.

STEP 2

Find a Real Estate Agent & Search for Homes

If you don't have a real estate agent, our FIGFCU Home Rewards* offers a 20% real estate commission rebate towards closing costs and outstanding service from a trusted, local real estate agent.

STEP 3

Choose a Home & Make an Offer

As soon as the seller accepts your offer, we'll collaborate with the settlement agent. Ask your real estate agent about ordering a home inspection.

STEP 4

Loan Review

We'll secure your mortgage interest rate, order the property appraisal, and send your information for review by our underwriters.

STEP 5

Conditional Loan Approval

Once our underwriters conditionally approve your loan, we'll get you ready for closing.

STEP 6

Close & Receive Your Funds

The Closing Disclosure will be sent for your review. Next, you'll sign loan closing documents. We will wire the funds to the settlement agent to enable you to finish your home purchase.

*Our FIGFCU Home Rewards offers exclusive home selling and home buying benefits.

A pre-approval is an initial assessment of how much an applicant can borrow. It is based on certain assumptions derived from a preliminary review of incomplete credit information criteria. A pre-approval is not a guarantee of any particular loan product, features, or terms, nor is it an approval of a completed application. Final loan approval is subject to a comprehensive analysis of the applicant’s creditworthiness, the satisfaction of all product-specific underwriting requirements and conditions, and property acceptability and eligibility.

STEP 1

Loan Application

Complete a loan application online, we'll calculate a customized loan estimate for you, and provide a pre-qualification. Gather and send us the necessary financial details.

STEP 2

Appraisal

We'll request an appraisal of your property to determine its current value, secure your mortgage interest rate, and send your information for review by our underwriters.

STEP 3

Conditional Loan Approval

Once our underwriters conditionally approve your loan, we'll get you ready for closing.

STEP 4

Close & Receive Your Funds

The Closing Disclosure will be sent for your review. Next, you'll sign loan closing documents. We will wire the funds to the settlement agent to disburse any payoffs and remaining proceeds to you.

Testimonials

Ellie from FIGFCU was amazing and supported me in every avenue of my loan process. Elaine worked hand in hand with Ellie to give me the best experience of purchasing my home, which normally is very stressful. I highly recommend both.