Frequently Asked Question

Navigating home financing can feel complicated, but we’re here to make it simple and transparent. Below you’ll find answers to the most common questions about mortgage options, rates, eligibility, and the loan process. Whether you’re buying your first home, refinancing, or exploring new opportunities, this section is designed to give you clarity and confidence every step of the way.

What types of home loans do you offer?

We offer a wide range of mortgage solutions, including Conventional, FHA, VOE (Verification of Employment), Jumbo, HomeReady, and Home Possible loans. These options are designed to meet the needs of first-time buyers, repeat homeowners, and borrowers with unique financial situations.

The best loan depends on factors such as your credit score, income, down payment amount, and home price. Our loan specialists will review your financial profile and help you choose the program that best fits your goals and budget.

Down payment requirements vary by loan type. FHA loans may require as little as 3.5%, while HomeReady and Home Possible programs can offer options as low as 3%. Conventional and Jumbo loans typically require higher down payments, depending on qualifications.

Yes. VOE loans are designed for borrowers with verifiable employment or alternative income documentation. Self-employed borrowers may also qualify under certain Conventional or Jumbo loan guidelines with proper documentation.

Absolutely. FHA, HomeReady, and Home Possible loans are especially popular with first-time buyers due to flexible credit requirements and low down payment options. However, many first-time buyers also qualify for Conventional loans.

Loan timelines vary based on the program and documentation, but most approvals take between 21–30 days. Our team works efficiently to keep the process smooth, transparent, and on schedule from application to closing.

What credit score is needed to qualify for a mortgage?

Credit score requirements vary by loan program. FHA loans are often more flexible with lower credit scores, while Conventional and Jumbo loans typically require higher scores. HomeReady and Home Possible programs are designed to help borrowers with limited or moderate credit histories.

Yes. Many loan programs, including FHA, HomeReady, and Home Possible, allow the use of gift funds or approved assistance programs for down payments and closing costs. Our team can help you understand what documentation is required.

Yes, we offer refinancing solutions for eligible homeowners. Refinancing can help lower your interest rate, reduce monthly payments, shorten your loan term, or access home equity depending on your financial goals.

Some programs, such as HomeReady and Home Possible, have income limits based on the property location and household size. Conventional, FHA, VOE, and Jumbo loans generally do not have income limits, though qualification still depends on overall financial strength.

Certain loan programs, such as Conventional and Jumbo loans, may be used for second homes or investment properties. FHA, HomeReady, and Home Possible loans are typically limited to primary residences. We can help determine the best option for your situation.

Required documents usually include proof of income, employment verification, bank statements, credit authorization, and identification. Documentation may vary depending on the loan program, especially for VOE or Jumbo loans.

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The Prime Home Loan Process

Fill Loan Form Application

You can easily fill your loan application form based on your requirement.

Our Team Approval

Our team will receive your loan application and quickly review it to get you approved.

Get Funding

Congratulations! You get fast and easy funding as per your requirement.