Frequently Asked Questions

  1. When is the best time for me to get approved for a home loan? 

As soon as you decide you are ready to become a homeowner a great start would be to reach out to a mortgage professional. The mortgage professional will take your application, this is a great way to see where you stand, so you can know if your ready or if you have to work on a few things. It's never a bad time to start, but you have to just go for it. 

     

     2. Is now a good time to buy or sell? 

With all that's going on in our economy and with the Covid-19 there has been alot of speculation, but i'm here to inform you that now is a great time to purchase or sell your home. Interest rates are low and to keep the economy of float banks and lenders have to still approve credit, so don't let what's going on stop you make your move today.

 

  1. What should my credit score be to purchase a home? 

There are many programs out in the market right now and with a credit score of 580 you can qualify for a mortgage loan with a great interest rate.

 

  1. Do I have to have a down payment? 

There are many lenders that offer Down Payment Assistance, which means you can purchase a home with absolutely no money down. Contact me so I can get you qualified for the dpa program.

 

  1. How long does the process take? 

Once you are pre-approved or pre-qualified and all your documentation is in, you can close in 25 to 30 days. 

 

      6. Do you offer credit repair services?  

I am a certified credit repair expert and I do offer diy credit repair services. The lenders I work with also offer rapid re scoring, which is a great tool that helps increase your score in as little as 5 days. Ask me how the rapid re score service can help you update your credit score in as little as 10 days.