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Buying a House

Home Purchase

We understand that buying a home is a significant investment. Our team is committed to guiding first-time homebuyers, veterans, move-up buyers, and homeowners looking for creative solutions.

Helping You Finance Your Home With Confidence.

  • What documentation will I need to provide?
    Different loan programs vary in the exact amount of documentation required, but you will typically need to provide: - Photo ID - Past two years’ W2s or 1099s - Last 30 days’ paystubs - Past two years’ tax returns (self-employed) - Two months’ bank statements - Current mortgage statement + Homeowner’s insurance policy (if applicable)
  • What can I expect from the loan process?
    (1) DISCOVERY The first step is to contact us (either by email, phone, or through our website) to schedule a consult so we can review your short and long term financial goals & start developing a plan to help you achieve them. (2) PRE-APPROVAL You will complete our streamlined mortgage application and upload the necessary documents so that we can verify your income, credit, and assets, and select the correct loan program. Finding the right fit for you is the most critical part of the process. We will work through all of the options and numbers with you so there are no surprises down the road. We will issue a pre-approval letter that shows your realtors and home sellers you are a qualified buyer. This is your golden ticket to start looking at homes! (3) FIND A HOME When you find your ideal home, I will work with you and your agent to help you craft a winning offer based on the current market and your needs. Once the seller accepts your offer, we'll order and appraisal and begin processing and underwriting your loan. (4) FINAL APPROVAL The underwriter will review the appraisal and your income/asset documents to verify you meet all the conditions for the loan. They will issue the "clear to close" when the loan is approved. All that's left is for you to wire your funds and sign your final paperwork!
  • Do I have to have a 20% down payment?
    No! 20% down payment is not ideal for many buyers and is definitely NOT a requirement to getting a home loan. Conventional loans require 3-5% down, FHA loans require only 3.5% down, and VA and USDA loans require 0% down. We will help to give you clarity on the perfect down payment amount for you. Just know that it does not need to be 20%. Together we will balance the right out-of pocket expenses and monthly payment to find your down payment sweet-spot!
  • Will getting pre-approved hurt my credit?
    When your credit is pulled for mortgage purposes, it does not negatively impact your score. Preapprovals last 3 months because that is how long the credit report lasts, and if you don't find a house in that time, its no big deal - we just update it!
  • Should I pay off all my debt first?
    You don’t have to be debt-free to purchase a home. Paying off your debts is going to reduce your debt-to-income ratio and allow you to better afford your mortgage payments each month, but you need to be careful how much you spend because you are also saving for your down payment, We can advise you how to best manage or consolidate your debt to put yourself in the best overall position to buy your home.
  • What is mortgage insurance or PMI?
    When a borrower puts less than 20% down, the lender is taking extra risk, so they require Private Mortgage Insurance, which gets added to your monthly payment. PMI isn't a bad thing - it allows you to make a lower down payment and still qualify for the loan.
  • How much will I have to pay in closing costs?
    Typical closing costs make up anywhere from 2-4% of the loan amount here in California. These include the myriad fees for the escrow, title, and mortgage services, as well as your prepaid share of insurance, taxes, and interest for the days you will own the home before your first mortgage payment. We ensure there are no surprises when it comes to your closing costs. We will go through your loan estimate in detail with you so you understand where each fee is going.
  • How fast can you close my loan?
    Typical escrow periods are 30-45 days, but we can close in as little as 14 days when needed to help make your offer stand out.
  • When is the right time to refinance?
    People refinance with different goals in mind. Are you refinancing to lower your rate and monthly payments? Are you refinancing to cash out some home equity? Do you want pay off your loan sooner? Are you experiencing a divorce? These are various reasons people decide to refinance, and we will work with you to determine your goals and loan options.

Loan Programs

It's easy to find the home loan that suits you when you've got options. We're here to help you choose the best type of mortgage for your needs, but you can click on each of the loan types below to learn more.

Our Process in 4 Simple Steps

Clients appreciate our simplified and easy to understand process.

Initial Consult

We can do this quickly over the phone, by email, or if you prefer and live locally, we enjoy sitting down face-to-fact for your initial consult. The point is to get to know your goals and see what kind of home loan will work best for your lifestyle. You will leave with your questions answered and a clear plan for what's next.

Apply & Upload

We will send you a link to our application so we can collect the information we need to run your credit and begin working on your preapproval. We will verify your income, assets, and liabilities, and provide you with a preapproval letter that you will submit with offers on homes. Our typical turnaround time on preapprovals is 24 hours.

Gather Documents

Documents needed will include:

  • Drivers license or ID

  • Proof of assets (Bank Statements, Investments)

  • Proof of income (W2s, paystubs, tax returns)

  • Authorization to run credit

Some additional documentation may be required for the following situations: self-employed, retired, real estate investors.

Underwriting

Once you are ready to move forward, we will finalize your loan package and submit to the underwriter for final approval. They may request a few more conditions or documents from you - this is normal! We act as the liaison between you and the lender at all times so that you can save time and receive the best possible service. Loans can close anywhere from 10-45 days, depending on the situation.

Starting the Process?

If you are in the early stages of purchasing or refinancing or are simply exploring your home loan options, we can connect via phone, email, or text. There is no need to spend time filling out an application before you have all your questions answered.

  • What are current mortgage rates?

  • What home loan might suit me?

  • What is the mortgage process?

Start here and we will get in touch with you ASAP.

Ready to Get Preapproved?

The link below takes you to our 100% secure portal where you can fill out the mortgage application and upload your documents.

The online application will ask you for your employment and financial information. Do your best to complete it accurately but keep in mind if you don't know the answer, WE CAN EDIT IT LATER. We will review your application in detail and go over any questions we have as we move forward.

Homebuyer Guide

Getting a mortgage can be an overwhelming experience, especially with all the guidelines and industry jargon. Don't worry though, we've got you covered! Check out the resources below to help simplify the process and make everything crystal clear.

HOMEBUYER GUIDE DOWNLOAD HERE

COST OF RENTING VS. OWNING
VIEW VIDEO HERE

Cost of Renting vs. Owning Explained

Know exactly what to expect from your home loan.

Get a free loan quote and leave the guesswork behind.

It all starts with a conversation.  No commitment.    No hidden costs. 

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