Resources
Frequently Asked Questions
How much do I need for a down payment?
It depends on the loan. Conventional loans can start at 3% down, FHA at 3.5%, and VA and USDA loans may require nothing down. Our affordability calculator and a quick chat can show you the options for your situation.
What credit score do I need to buy a home?
Many programs accept scores starting around 580–620, and some go lower with compensating factors. A higher score generally earns better terms. We can review your options no matter where your credit stands today.
What's the difference between pre-qualification and pre-approval?
Pre-qualification is a quick estimate based on information you share. Pre-approval is stronger — it involves reviewing your credit and documents so a seller can trust your offer. Our wizard can start you with a pre-qual in about 10 minutes.
How long does the mortgage process take?
From application to closing typically takes about 30–45 days, though it varies with your situation and how quickly documents are provided. Our document portal helps keep things moving.
What is PMI, and can I avoid it?
Private mortgage insurance protects the lender when your down payment is under 20% on a conventional loan. You can avoid it with 20% down, and on conventional loans it can be removed once you reach 20% equity.
Can I get a mortgage if I'm self-employed?
Yes. We work with self-employed borrowers regularly, including bank-statement programs that qualify income from deposits rather than tax returns — helpful when your returns understate your true cash flow.
How much does it cost to close?
Closing costs typically run about 2–5% of the loan amount and include lender fees, third-party services, and prepaid items like taxes and insurance. Our closing-cost calculator gives a directional estimate.
Do you offer services in Spanish?
Yes — this entire site, our calculators, and our team are available in English and Spanish. You can switch languages anytime using the toggle at the top of the page.