Home Loans Can Be Complex. We Make Them Clear

A purchase loan helps you buy a home. A refinance replaces your current mortgage with a new one. Purchases focus on down payment and approval to close on time; refinances focus on your equity, current rate, and whether the new loan improves your payment, term, or cash needs.

Down payment can be as low as 0–3.5% depending on the program (VA/USDA, Conventional, FHA). Also plan for closing costs (~2–5% of the loan amount). Seller or lender credits can offset some costs; 20% down on conventional loans removes monthly PMI.

Get pre-approved (we verify income, assets, and credit) so you can shop with confidence. After offer acceptance: disclosures → appraisal & title → underwriting → final approval → closing. We coordinate each step and keep you updated so there are no surprises.

Two main types: Rate-and-Term (lower payment, change term, or move ARM↔fixed) and Cash-Out (tap equity for projects or debt consolidation). Many refis also aim to remove PMI/MIP when equity reaches ~20% or to switch from FHA to conventional.

Add up total refi costs and divide by the monthly savings to get your break-even months. If you expect to keep the home longer than that—and the new loan meets your goals (payment, cash, term)—it often makes sense.

Credit score, loan type and term, loan-to-value/equity, property type, and market conditions. You can buy points to lower the rate or take a lender credit to reduce upfront costs—we’ll show both side-by-side.

Most payments are PITI: Principal, Interest, Taxes, and Insurance. Conventional loans with <20% down often include PMI; FHA has MIP. Condos/HOAs may add dues. We’ll show an itemized estimate before you commit.

Typical timelines are ~20–30 days for both purchases and refinances once we have a complete file. Common documents: recent pay stubs, W-2s/1099s, two months of bank statements, photo ID (plus tax returns/P&L if self-employed). Fast document uploads = faster closings.