Frequently Asked Questions (FAQ)
1. What types of loans do you offer?
We provide a wide range of loan programs, including FHA, VA, Conventional, Down Payment Assistance, Refinance, Reverse Mortgage, Non-QM options (such as Bank Statement, DSCR, and ITIN), and Commercial loans for mixed-use, apartments, and retail properties.
2. What is the minimum down payment I need?
It depends on the loan program:
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FHA loans start as low as 3.5% down
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VA loans often require no down payment
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Conventional loans can start as low as 3%
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Some programs even allow for 1% down with assistance
3. Do I need perfect credit to qualify?
No. We work with clients across a wide range of credit scores, FHA and VA.
4. Can I qualify if I’m self-employed?
Yes! We offer Bank Statement Loans, P&L Only, and 1099 programs that let self-employed borrowers qualify without traditional W-2s or tax returns.
5. What is a DSCR loan?
A DSCR (Debt Service Coverage Ratio) loan allows real estate investors to qualify based on the cash flow of the property rather than their personal income.
6. What is a reverse mortgage?
A reverse mortgage is designed for homeowners 55+ to convert their home equity into cash while still living in their home, without monthly mortgage payments.
7. How long does the mortgage process take?
On average, the mortgage process takes 30–45 days, but timing depends on the loan type, documentation, and responsiveness. We guide you every step of the way to keep the process smooth.
8. Can I refinance my current mortgage?
Absolutely. Refinancing can help you lower your rate, shorten your loan term, or access your home equity through a cash-out refinance.
9. Do you help first-time homebuyers?
Yes! We specialize in guiding first-time buyers through the entire process. Programs like FHA, Conventional with Down Payment Assistance, and 1% Down Payment options are perfect for new homeowners.
10. How do I get started?
It’s easy! Simply contact us or click “Start Your Journey” on our homepage. We’ll schedule a consultation to discuss your goals and guide you to the best loan program for your needs.
11. What if I have less than perfect credit?
Let’s talk so we can review the steps needed to increase your FICO score. The credit analysis report will cost between $45 and $80, depending on your marital status. After I run the report, I will give you a copy along with clear instructions on how and what to pay.
We are not a credit repair company, so there are no additional fees charged by us.
Disclaimer
The content provided within this website is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Mortgage loans may be arranged through third party providers.
