Buying or refinancing a home is one of the biggest financial decisions you’ll ever make. With so many loan options out there, it can be overwhelming to know where to start. That’s why I’m here—to break it down in plain language and help you feel confident every step of the way.
Step 1: Understand Your Goals
Before looking at loan programs, think about what you want to accomplish. Are you buying your first home? Looking for a bigger place for your growing family? Hoping to lower your monthly payment? Or maybe you want to use your home’s equity for renovations or other expenses. Your goals will guide your loan choice.
Step 2: Know the Main Loan Types
Here are some of the most common mortgage options and when they might be a good fit:
- Conventional Loans – Great for borrowers with solid credit and a steady income. Often offers competitive rates and flexible terms.
- FHA Loans – Ideal for first-time buyers or those with less-than-perfect credit. Requires as little as 3.5% down.
- VA Loans – Available to veterans, active-duty service members, and some surviving spouses. No down payment required in most cases.
- Non-QM Loans – For self-employed borrowers, investors, or those with unique income situations. Uses flexible qualification guidelines.
- Jumbo Loans – For homes that exceed the standard conforming loan limits.
Step 3: Consider the Loan Term
Loan terms affect your monthly payment and how much interest you’ll pay over time. A 30-year fixed loan offers stability and lower monthly payments, while a 15-year loan helps you pay off your mortgage faster and save on interest.
Step 4: Get Pre-Approved Early
A pre-approval not only tells you how much you can afford but also shows sellers you’re a serious buyer. It can give you an edge in a competitive market.
Step 5: Work With a Lender Who Listens
The right loan is about more than numbers—it’s about finding the financing that supports your life and goals. I take the time to understand your situation, explain your options clearly, and guide you from application to closing without unnecessary stress.
Bottom Line:
Your mortgage should fit you—not the other way around. Whether you’re buying, refinancing, or exploring your options, I’m here to help you make the best choice for your future.