Purchase loans

Buy a home with clarity, not pressure.

First-time buyer or moving up — here's the full path, the numbers, and the documents you'll need before you talk to a loan officer.

Start a pre-qualification Search homes

The path

Six steps from interested to keys-in-hand

Pre-Qualification

Quick affordability snapshot using stated income, debts, and down payment. No credit pull required to start.

Pre-Approval

Verified income, assets, and credit. A pre-approval letter you can submit with an offer.

Home Search

Shop confidently within your approved range. Browse listings or work with your agent.

Offer & Contract

Submit an offer with your pre-approval. Earnest money is deposited once accepted.

Underwriting

Appraisal, title, insurance, and full document review. You'll see a conditional approval, then clear-to-close.

Closing Day

Sign final docs, fund the loan, and receive keys. Welcome home.

Credit readiness

What underwriters actually look at

Credit

Most programs need 580+ FICO (FHA), 620+ (Conventional), 640+ (USDA). VA has no hard minimum but overlays apply.

Down payment

0% VA/USDA, 3% Conventional first-time, 3.5% FHA, 5–20% Jumbo. Gift funds allowed with documentation.

DTI

Total debt-to-income generally up to 43% (FHA up to 50% with compensating factors). Lower DTI means more buying power.

Reserves

0–6 months of PITI in savings depending on program and property type. Jumbo and investment loans require more.

Job history

Two years in the same field, with gap explanations. Self-employed borrowers need 2 years of tax returns.

Closing costs

Typically 2–5% of the loan amount. Seller credits, lender credits, and grants can reduce out-of-pocket.

All scenarios are preliminary and subject to borrower qualification, credit review, income verification, property approval, program guidelines, lender overlays, and licensed loan officer review.