Mortgage Loans

We offer a range of mortgage loan products, including conventional, FHA, VA, and jumbo loans.

Requirements vary depending on the loan type and individual circumstances, but generally, you'll need to have a good credit score, stable income, and a down payment.

The down payment amount varies depending on the loan type, but generally, it ranges from 3% to 20% of the home's purchase price.

The interest rate varies depending on the loan type and individual circumstances, but we offer competitive rates.

The application process typically takes about 30-45 days, but it can vary depending on individual circumstances.

You'll need to provide several documents, including your income and employment information, bank statements, tax returns, and identification documents.

A pre-approval letter is a document that indicates how much you're approved to borrow for a mortgage loan based on your financial information.

A pre-approval letter is typically valid for 60-90 days, but it can vary depending on individual circumstances.

A mortgage rate lock is an agreement that guarantees a specific interest rate for a certain period, usually 30-60 days.

Yes, you can lock in your mortgage rate before you find a home, but the rate lock period may be shorter than if you've already found a property.

PMI is insurance that lenders require borrowers to pay if they put less than 20% down on a conventional loan. It protects the lender if the borrower defaults on the loan.

• The cost of PMI varies depending on the loan amount, down payment, and credit score, but it typically ranges from 0.3% to 1.5% of the loan amount per year.

Yes, you can avoid paying PMI by putting down at least 20% on a conventional loan, or by choosing a loan product that doesn't require PMI.

Yes, you can refinance your mortgage loan to get a lower interest rate, change your loan terms, or tap into your home's equity.

Refinancing costs can vary, but they may include appraisal fees, title search fees, and closing costs.

You can make payments on your mortgage loan online or by mail.

If you miss a mortgage payment, you may be charged a late fee, and it could negatively impact your credit score