That depends on a lot of different things. It can depend on how much you want to borrow, how much income you make, how much you have in the bank,what you already owe,your current monthly obligations, the value of the property, your credit standing, and many other things. Don't be fooled into believing anyone can tell you that you qualify without a thorough look at most of these factors. That's why you need an experienced professional mortgage loan specialist.

Although that depends on many factors, no loans are done without a completed application, a credit report, and a property appraisal. From there, you may need bank statements, credit card balances, or information on car loans.You will most likely need your W2's, checkstubs, and proof of other income. That could include income tax returns for one or more years. Other requirements will depend upon your individual circumstances. To start this process download an application.

There are several different aspects of cost. Points or loan fees will vary with the interest rate, the type of loan, and the mortgage company. Although the other costs vary, they include a credit report fee (usually about $55), an appraisal fee (usually $300 to $400), title fees, insurance (if needed), property taxes, and lender fees (these vary by lender). There is no such thing as a no cost and/or no fee loan! Some of these "costs" you will already owe but may have to account for and pay at close of escrow. Your only cost to start the process should be a credit report fee. That with a completed application should give an experienced loan specialist the ability to determine if you should qualify for the loan. The next step is to see if the property qualifies- an appraisal. Once you have met these two standards, you should be able to more closely determine your overall costs. Remember, within 72 hours of applying all professional loan specialists should provide you with a good faith estimate of all your closing costs. Before you actually close, ask your loan specialist for a complete breakdown of all costs.

Our loan specialists are well qualified to help you determine what is the right loan for your unique circumstances and needs. Our professionals understand how to make sure you look your best to get the best loan possible. Finally, there is no come-on or bait and switch. What we tell you is what will happen - you deserve the truth!