Frequently Asked Questions
Do I make enough money to purchase a home?
Income is not the only factor lenders look at in determining your eligibility to purchase. Lenders look at your debt to income ratio to determine qualifications
I have a lot of student loans. Can I purchase a home?
Of course. Speaking to a lender will help you create a financial plan to help you purchase a home even with a lot of student loans
What is the first step in purchasing a home?
Contact a realtor to schedule a FREE consultation to create your individual plan to purchase
You need a perfect credit score to purchase a home
False. Minimum credit score required is a 580. However, to qualify for down payment assistance and lower interest rates you want a min 640 score
You need 20% down to purchase a home
False. Depending on the loan product, you can put as little as 0% down
You need to be ready to buy right now to schedule an appointment
False. You can schedule an appointment at any step in your home buying process. Consultations help you develop a plan