GET A PRE-APPROVAL LETTER TODAY AND START SHOPPING FOR YOUR HOME!
(*Ask about interest rate buy downs for lower rate/lower payments!)
VA
ZERO Down Payment
More Flexible Income & Credit
Lower rates than other programs!
FHA
Low Down Payment
Designed For Low Credit & Income
Lower Rates Than Most Programs
CONVENTIONAL
For Great Credit & Income
Lower Documentation Typically
Faster Closing Times
-Find out how much you can afford. Create a budget and figure out what a comfortable monthly payment on a home will be.
-Get pre-approved. Your credit score, debts on credit, income and assets for down payment will be looked at when qualifying you. This is crucial step because you want to know with certainty what price range of homes you will be looking at. In addition, you will need a pre-approval letter to make an offer once you find a home and many realtors will want to be sure you are approved before going to bat for you as well.
–Pre-approval process: You will need to give permission to pull credit. You will need to provide information about your income(s), assets, housing payment history as well as corresponding documentation to these items.  Your loan officer will give a detailed list.
