Typically, you need 2 years of stable income, a good credit score (620+, conventional loan/ 580+), a reasonable amount of debt (a debt-to-income ratio lower than 35% is preferred), and a down payment (which can vary from 3% to 20% or more, depending on the type of loan). Documentation you'll need to provide includes W-2 statements, pay stubs, tax returns, and bank statements.

We make this process easy with our passionate loan officers. Reach out to us for help. We can find you grants for down payment and the others areas can vary, person to person. We can usually get you a mortgage even if you do not have all the above.

The amount you can borrow depends on your income, credit history, the down payment you can make, and your current debts, among other factors. We use these to determine your debt-to-income ratio, which helps us assess your ability to repay the loan.

Pre-approval with us will give you a solid understanding of how much you might be able to borrow. We provide a personalized interview where we not only provide a pre-approval but valuable buying knowledge so you make the best purchase decision.

A fixed-rate mortgage has the same interest rate for the entire loan term, making monthly payments predictable. An adjustable-rate mortgage (ARM) has an interest rate that may change periodically depending on changes in a corresponding financial index that's associated with the loan. Initially, the interest rate for an ARM might be lower than that of a fixed-rate mortgage, but it can increase or decrease over time. We do not have control over this change.

We help you better understand this in our interview process. This way you may want to go with an ARM as the market is high, but if your experts say the rates will drop over time, it will definitely benefit you now and later on you could refinance at a lower locked in rate. We are happy to speak with you about this.

Closing costs are fees associated with finalizing your mortgage and can include appraisal fees, title insurance, and escrow fees, among others. They typically range from 2% to 5% of the purchase price of the home.

We provide all this in a transparent way by giving you a Closing Disclosure form that outlines these costs, so you know exactly what to expect before closing day and because we have been doing this so long, we have some of the lowest fees in the industry. We promise our numbers will be true and honest, all the way to closing.

Some competitors will disclose inaccurate costs and at closing, find added taxes and third party fees. They can legally do this, as it is not a fee they charge. We may, at first, seem more costly than these misleading competitors, but it is because they are not disclosing something. We are welcome to do a comparison with you.