Purchase Loans without the hassle!
Purchasing a home is a big decision, and it's important to choose the right loan to fit your needs and budget. Our mortgage specialist can help you explore your options and find the right loan for you. From fixed-rate mortgages to adjustable-rate mortgages and more, we have the knowledge and expertise to help you make the best decision. Inquire here for a pre-approval letter request.
We'll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you're a first-time home buyer or a seasoned investor.
The Home Purchase Loan Process
Here’s how our home purchase loan process works:
To qualify for a mortgage, lenders typically require that you have a debt-to-income ratio of “43/49.” This means that no more than 43% of your total monthly income (from all sources, before taxes) can go toward your new mortgage payment, and no more than 49.99% of your monthly income can go toward your total monthly debt (including your mortgage payment). VA and FHA loans even allow for higher debt ratios on a case by case basis.
