How much money will you need for a down payment?

Your down payment will vary depending on your situation.  There are programs available that allow you to have no down payment.  However, when budgeting for your new home remember that there can be additional fees for inspections and other closing costs.  

How Much Can You Afford?

Knowing your budget is a great place to start your home search.  Use this mortgage calculator to estimate your monthly mortgage payments including taxes and insurance.

Find the right program.

There are different programs available for every type of home buyer.  The loan program you use to finance your home will determine your down payment, interest rate, required documentation and much more.  It's important you find the best one for you.

Credit Scores

The minimum credit score required to purchase a home can be as low as a 500 FICO score (VA Loans) and will vary program to program.  Your interest rate and how much you can afford will be affected by your score so it's a good idea to make sure you know what's on your credit and to clean things up before starting the loan process if you're able to.

We're happy to help with your credit if you have some concerns.  Just click the button below and we'll create a detailed plan to help you increase your scores.

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