Need financing options for a loan to buy a house, or other real estate? Choosing a purchase loan product that matches your goals of financing to build a home and making sure you get the best home finance interest rate for your given scenario can feel like playing whack-a-mole.
As a home loan mortgage broker, we’re here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with a FREE home purchase pre−approval letter request.
We’ll help you clearly see differences between purchase home loan programs, allowing you to choose the right one for you.
This is regardless of whether you are a first-time home buyer or a seasoned investor looking to buying a house with no deposit, buying a house with low income, or private financing for home purchase.
Here’s how our home purchase loan process works that will allow you to know the eligible average credit to buy a house:
Buying a home with a mortgage loan comes with several issues. You must choose a home you can afford, go through all the purchase loan products and their interest rates, and then select one that best aligns with your needs.
All this is not easy, especially for first-time home buyers. Hence, do not go it alone, rather get a professional broker with years of experience to walk you through the home-buying process.
Home loan mortgage brokers simplify the buying process. With years of experience backing them up, they have the required tools and expertise to get you the best deals. This is regardless of whether you are a first-time home buyer, looking for a low-cost home, or need private financing for purchasing a home.
The benefit of hiring a Broker is that they will give you a choice of multiple home loan programs and help you select one that matches your needs.
The process is quite simple.
First, complete the house mortgage pre-approval letter request supplied by the Broker. You will be offered several choices of mortgage interest rates and terms as per your needs and criteria. Select one that best aligns with your requirements.
You are now on your way to purchasing your dream home.
To qualify, mortgage home loan lenders and online mortgage brokers typically require that you have a debt-to-income ratio of “28/36.” This means that no more than 28% of your total monthly income (from all sources, before taxes) can go toward housing, and no more than 36% of your monthly income can go toward your total monthly debt (including your mortgage payment).
Qualify me now!
