Home Purchase Loans:

• Conventional Loans:

  Most common type of mortgage, not insured by the government. Requires a minimum credit score of 620 and typically a down payment of at least 3%.

• FHA Loans:

  Government-insured loans with lower down payment requirements (as low as 3.5%) and more flexible credit guidelines.

• VA Loans:

  Zero-down payment loans available to eligible veterans, active-duty military members, and their surviving spouses.

• USDA Loans:

  Government-backed loans for low- to moderate-income borrowers in eligible rural areas, often with no down payment required.

• Jumbo Loans:

  Loans for high-value properties that exceed conforming loan limits.

The amount you can borrow depends on several factors:

• Income:

  Your income level plays a significant role in determining your borrowing capacity.

• Debt-to-Income Ratio:

  Lenders typically prefer a DTI of 43% or lower.

• Credit Score:

  A higher credit score can qualify you for a larger loan amount.

• Down Payment:

  A larger down payment reduces the loan amount and can lead to better interest rates.

• Property Type and Location:

  The appraised value of the property and its location influence the loan amount.

• Pre-Qualification:

  An estimate of how much you might be able to borrow based on basic financial information.

• Pre-Approval:

  A more thorough process involving a credit check and income verification, resulting in a conditional commitment from the lender.

• LaTypical Timeline:

  The loan approval process can take anywhere from a few weeks to a few months, depending on the complexity of your financial situation and the lender's workload.

• Advantages:

• Expertise and Experience:

  We have extensive experience in helping buyers secure the right mortgage.

• Personalized Service:

  We provide tailored guidance and support throughout the process.

• Competitive Rates and Terms:

  We offer some of the most competitive rates and flexible terms in the market.

• Streamlined Process:

  We leverage technology and expertise to make the loan process efficient and stress-free.

• Commitment to Your Success:

  We're dedicated to helping you achieve your homeownership goals and will be your trusted partner throughout the journey.