Frequently Asked Questions
1. What loan programs does Duane Buziak offer at Cavalier Mortgage?
We offer a wide range of programs including Conventional, FHA, VA, USDA, Jumbo, Non-QM, DSCR, Bank Statement, Construction, Renovation (203k), Reverse Mortgage, HELOC, Foreign National, and Commercial loans — covering nearly every borrower situation.
2. What is a DSCR loan and who is it for?
A DSCR (Debt Service Coverage Ratio) loan qualifies real estate investors based on a property's rental income rather than personal income, making it ideal for investors looking to grow their portfolio without traditional income documentation.
3. Can foreign nationals get a mortgage through Cavalier Mortgage?
Yes, we offer Foreign National loan programs designed for non-U.S. citizens looking to purchase property in Virginia and the surrounding states we're licensed in.
4. What is a bank statement loan and how does it work?
Bank statement loans allow self-employed borrowers to qualify using business or personal bank statements instead of tax returns, making it easier for entrepreneurs and business owners to secure financing.
5. Does Duane Buziak handle VA loans?
Yes, Duane Buziak has been recognized as VA Broker of the Year for both 2024 and 2025, with deep experience helping veterans and active-duty service members secure VA home loans with competitive terms.
6. What states is Duane Buziak licensed in?
Duane Buziak is licensed in Virginia, Florida, Tennessee, Georgia, Washington D.C., North Carolina, South Carolina, and Maryland, allowing him to serve clients across multiple states.
7. What makes Duane Buziak different from other mortgage brokers?
With over 20 years of experience, national rankings including Scotsman Guide Top Originator, and over 256 five-star reviews, Duane combines local Charlottesville expertise with top 1% nationwide performance.
8. Can I get a construction loan for building a new home?
Yes, we offer Construction loans for clients building a new home from the ground up, with financing structured to match your building timeline and budget.
9. What is a jumbo mortgage loan and when do I need one?
A jumbo loan is used when the loan amount exceeds conventional loan limits — common for higher-priced homes in and around Charlottesville. We help structure jumbo financing with competitive rates.
10. Do you offer HELOC options for homeowners?
Yes, our HELOC (Home Equity Line of Credit) programs let homeowners tap into their home's equity for renovations, debt consolidation, or other financial needs.
11. What is a Non-QM loan and who qualifies?
Non-QM (Non-Qualified Mortgage) loans are designed for borrowers who don't fit traditional lending criteria — such as self-employed individuals, investors, or those with unique income situations — offering more flexible qualification standards.
12. How do I get started working with Duane Buziak?
You can call our office directly at 434-443-7028, apply online through our secure application, or schedule an appointment for a personalized consultation to discuss your mortgage options.