Mortgage Education & FAQs
Clear, simple answers to common mortgage questions - so you can move forward with confidence.
Mortgage Education & FAQs
How much do I need for a down payment?
Many buyers are surprised to learn that down payments can be as low as 3% — and sometimes even $0 depending on the loan program. I’ll help you explore every option available so you can choose what works best for your situation.
What credit score do I need to buy a home?
While higher credit scores can open up more options, many mortgage programs allow lower scores than most people expect. I’ll review your credit with you and help you understand what you qualify for today — and how to improve it if needed.
What’s the difference between pre-qualified and pre-approved?
Pre-qualification is a quick estimate based on basic information. Pre-approval goes a step further by verifying your income, assets, and credit — making your offer much stronger in the eyes of sellers.
Can I buy a home if I’m self-employed?
Yes. There are loan programs designed specifically for self-employed borrowers, including options that use bank statements or alternative documentation. I’ll help you find the best fit for your situation.
How long does the mortgage process take?
Most loans close in about 30 days once you’re under contract, and sometimes even faster with the right preparation. I’ll guide you through each step so there are no surprises.
Is a hard pull credit report required?
Yes. A full credit report is required so we can review the complete financial picture. This allows us to accurately determine eligibility, review available loan options, and ensure we provide guidance based on verified information rather than estimates or assumptions.
What loan types are available?
We offer a wide range of loan programs to meet different financial situations, including:
Conventional
FHA
VA
USDA
DSCR (Investor Loans)
New Construction
Renovation Loans
Hard Money
Each program has specific guidelines, and we’ll help determine which options best fit your goals.
What are the current interest rates?
Interest rates change daily — and sometimes multiple times per day — based on market conditions. Because rates are personalized and dependent on factors such as credit, loan type, and property details, the most accurate way to receive a rate quote is to contact me directly.
Please note: interest rates cannot be locked until a property is under contract.
Let's Talk About Your Home Loan Options
Every situation is different. Reach out today for personalized guidance based on your goals, credit and timeline.