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Home Purchase Loans
Congratulations! You're Ready To Become a Home Owner
Guarantee preapproval
Obtaining a preapproval with certainty can be extremely beneficial as purchasing a home is a big decision. We go above and beyond by fully screening your preapproval and helping you make an informed purchase. Additionally, we provide you with a genuine advantage over other bidders by backing your offer with our own money.
Standard preapprovals don’t guarantee anything to sellers because there’s always a chance the buyer won’t be granted financing. Buyers may find it more difficult to have their bids approved due to this uncertainty, particularly if they are up against cash offers. However, you can negotiate a better price on your new house because you can compete with cash purchasers equally, thanks to our guaranteed pre-approval.
Do I Qualify?
Your debt-to-income ratio should be less than 50% to qualify for a mortgage. This means the new mortgage payment should not account for more than 50% of your monthly income. More freedom is available with VA and FHA loans; greater debt ratios and less income restrictions are sometimes permitted. Although a credit score of at least 620 is often required for a conventional loan, FHA and VA loans can accept credit scores as low as 520!
We Make Home Loans a Breeze!
We aim to make the house loan application procedure as easy and stress-free as possible. We’ll lead you through every step with our tools and advice, beginning with a FREE preapproval letter.
Whether you are purchasing your first home or your next investment, we will assist you in understanding the many loan alternatives so you can make the best decision for yourself.
The Home Purchase Loan Process
Here’s how it works:
- Apply: In less than ten minutes, complete our simple application.
- Send in Documents: Give us a few papers, such as your W2 and pay stub.
- Obtain Prior Approval: Within 48 hours, complete your underwritten preapproval to compete with cash offers!
- Locate Your House: Begin looking for a house, then haggle for the greatest price.
- Seal the Deal: When your transaction is complete, we’ll celebrate by donating.
Do I Need Preapproval to Make an Offer?
Although it’s not strictly necessary, getting preapproval before making an offer is advised. When an offer comes in, sellers must select from multiple offers and won’t accept one without a preapproval letter (unless it’s cash). It would help if you had a solid preapproval to stand out, particularly when competing with cash purchasers. With our guaranteed preapproval, you can compete with cash offers because the financing uncertainty is eliminated!