Our most commonly asked questions. Reach out to us by phone or email for other questions.
We should ask you a few questions regarding your income. Usually, it requires sending documents like taxes or paystubs. After calculating the income, we can say how much you can qualify for.
The minimum down payment is 3% of the purchase price. For example, if the sale price is $300,000 the minimum down payment is $9,000
Checking the credit score is one of the main steps of the income calculation. When the mortgage company runs your credit – you do not lose your credit points. Your credit score also affects your loan rate
Our closing cost varies between $5,000 and $7,000.
PMI or Private Mortgage Insurance – is the type of insurance that is required if a down payment is less than 20%.