BUYING YOUR FIRST HOME IS ALWAYS EXCITING
On your home buying journey, I will give you the information, tools and resources you need to get prepared, determine your budget and start shopping for your first home.
Home Buyers who are looking to make their first move towards the homeownership, I provide qualified borrowers with an opportunity to own a home with as little as a 5 down payment.
Acceptable Loan Purpose & Applicable Loan-To-Value Limits:
- 1 & 2 units: 95 LTV
- Property value ≤ $500,000 – 5 down payment required
- Property value > $500,000 and < $1,000,000 – 5 down payment required up to $500,000, with an additional 10 down payment on the portion of the home value above $500,000
- 3 & 4 units: 90 LTV
Get a pre-approval before you go for househunting??
It’s important to find out your affordability before you go for house searching. This will keep you within your price range. Pre-approval will always keep your thoughts clear about the monthly mortgage payments and keeping a budget for the other monthly liabilities.