Do I Qualify?
To qualify for a mortgage, lenders typically require that you have a debt-to-income ratio of “45/50.” This means that no more than 45% of your total monthly income (from all sources, before taxes) can go toward housing, and no more than 50% of your monthly income can go toward your total monthly debt (including your mortgage payment).
Mortgage Home Purchase Loans without the Hassle!
Need financing options on a home, or other real estate? Choosing a purchase loan product that matches your goals and making sure you get the best rate for your given scenario can feel like playing whack-a-mole.
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.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you – whether you’re a first-time home buyer or a seasoned investor.
The Home Purchase Loan Process
Here’s how our home purchase loan process works:
- Contact us for a pre-approval letter request
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs