How does my credit score affect my ability to buy a home?
While credit is an important part of the loan process, don’t be discouraged if yours is less than perfect. Judgments, late payments, and bankruptcy can all affect your credit score, but they won’t necessarily prevent you from getting a loan! We can help you understand your credit file and work to find a solution that is right for you.

What are closing costs?
A variety of expenses can be considered “closing costs:” lawyer fees, credit reports, title insurance, etc. These are out of pocket expenses for you, however if you do not have the liquid funds for them, there are other payment options available. These costs can often be worked into your loan or paid by the seller.

What is the difference between an ARM and a Fixed Rate Mortgage?
With a Fixed Rate Mortgage your rate and monthly payments remain fixed throughout the life of the loan (usually 15,20 or 30 years). Adjustable Rate Mortgages (ARMs) fluctuate in both rate and payments. There are long and short term considerations with both. Let us help you figure out which fits your financial needs.

Can I get a loan if I am self-employed?
Yes! There are loan programs available for self-employed borrowers to borrow up to 100% of the home’s value. Options are also available for borrowers with no income verification.

What if I don’t have money for a down payment?
No problem. There are loans that allow borrowers to get up to 100% of the purchase price of their house.

How do I get started?
Call us today! Home buying doesn’t have to be complicated. We can walk you through every step of the process.