FAQ
Educational videos, articles and tips to ensure you make the right decision when it comes to home loans, real estate and other powerful financial decisons.
Frequently Asked Questions
How do I get preapproved?
The first step to getting pre-approved is to get in contact with a licensed loan officer, call now: 702.851.4321
How do I increase my credit score?
Typically the best place to start on credit is payment history and credit cards; make sure all payments are made on time and your credit card balances are 30% or less of your limit
Does unemployment count when qualifying for a home?
Unfortunately, unemployment does not count towards your qualifying income. However, we can use money earned through unemployment towards your down payment.
Can I have a co-signer on the loan that isn't my spouse?
Co-signers come in all shapes & sizes. You can use a friend or a family member as a co-signer(just make sure you will stay friends forever, 30 years is a long commitment)
Is a gift from a family member acceptable as down payment?
Gifts can be used towards your closing costs and down payment. Gift funds can only come from a family member.
What is the minimum credit score to buy?
The current minimum qualifying credit score is only 600. If your credit score isn’t quite 600, don’t worry, we will work with you on getting your score high enough to eventually be qualified to buy.
Is there help with down payment?
We are one of the few lenders in the valley that offer down payment assistance. By taking advantage of this option, your total cash to close is very minimal.
What is the minimum credit score to buy?
The current minimum qualifying credit score is only 600. If your credit score isn’t quite 600, don’t worry, we will work with you on getting your score high enough to eventually be qualified to buy.
