Question 1

1. What's the difference between a mortgage broker and a bank?

Accepted Answer

When you go directly to a bank, you only get access to that bank's loan products and rates. As an independent mortgage broker, we shop your loan across multiple lenders with a single application, which gives you more options, more competitive rates, and a loan that actually fits your situation. And unlike a call center, you'll work with your local team from start to finish.

Question 2

2. How much do I need for a down payment?

Accepted Answer

A lot less than most people think! You don't need to have 20% down, and there are some loan programs that don't require a down payment at all. We also connect clients with down payment assistance programs that can cover some or all of your down payment. Don't let this be the reason you wait — let's talk about your options.

Question 3

3. What credit score do I need to buy a home?

Accepted Answer

It depends on the loan type. You'll have more options if your score is above 620, but even if your credit isn't perfect, there may be a path forward — reach out and we'll take a look at the full picture.

Question 4

4. How much home can I afford?

Accepted Answer

The best way to know your real number is to get pre-qualified. It's free, fast, and gives you a clear budget before you start shopping.

Question 5

5. What is pre-qualification and do I need it?

Accepted Answer

A pre-qualification is a lender's written confirmation of how much you're qualified to borrow, based on your income, credit, and assets. You absolutely need it before seriously shopping for a home and most sellers won't consider an offer without it. In a competitive market it can make or break a deal. The good news: our pre-qualification process is straightforward and we'll walk you through every step.

Question 6

6. What are closing costs and who pays them?

Accepted Answer

Closing costs are the fees associated with finalizing your mortgage and the legal transfer of ownership from the sellers to the buyers. They include things like appraisal fees, title insurance, lender fees, and prepaid taxes and insurance. They typically run 2-5% of the loan amount, depending on the purchase price of the home. In some cases, sellers can contribute to help pay your closing costs.

Question 7

7. Can I buy a home with little or no down payment?

Accepted Answer

Yes — and more people qualify than you'd think. Some loans don't require a down payment and we also work with a variety of down payment assistance programs. Let's find out which programs you qualify for.

Question 8

8. How long does the mortgage process take?

Accepted Answer

From application to closing, most purchases take 30-45 days. The biggest factors that affect timing are how quickly we receive your documents, how quickly you find a home, the appraisal turnaround, and the complexity of your loan. We'll set clear expectations from day one and keep you updated every step of the way so nothing catches you off guard.

Question 9

9. What loan is right for me?

Accepted Answer

It depends on your situation — your credit, income, military service, how long you plan to stay in the home, and your financial goals. That's exactly why working with a broker matters: we don't push one product, we find the right fit. Whether you're a first-time buyer, a veteran, relocating, or investing, we'll match you with the loan that makes the most sense.

Question 10

10. I'm self-employed or an investor — can I still qualify?

Accepted Answer

Absolutely. Traditional loans require W-2 income, which can make qualifying difficult if you're self-employed or your income comes from investments or rental properties. We offer Non-QM loan options including bank statement loans (qualify using 12-24 months of bank statements), asset depletion loans, and DSCR loans (where the property's rental income qualifies you — not your personal income). These are specialties of ours, and there are more options available than most people realize.

Question 11

11. Can I use gift money for my down payment?

Accepted Answer

Yes, in most cases gift funds from a family members are allowed. There may be other donors that are acceptable as well, though each loan type has different requirements. We'll walk you through exactly what's needed so the gift is properly documented and doesn't create any issues during underwriting. Just don't accept any gift funds before talking to us.

Frequently Asked Questions