Big words, made small
Mortgage words sound scary. They’re not. Here they are in plain language.
Down payment
The money you pay at the start. Like the first slice of the pie.
Interest rate
The extra you pay for borrowing money. Lower is better.
Pre-approval
A letter that says a lender is ready to give you a loan. Sellers love it.
Escrow
A safe pocket that holds money until it’s needed — like for taxes.
Closing
The last day. You sign papers and get the keys.
Equity
The part of the home you truly own. It grows as you pay.
People often ask
Will this hurt my credit?
Starting does not touch your credit at all. Later, one credit check is normal, and it only moves your score a tiny bit for a short time.
How much money do I need to start?
Nothing to start — my help is free. To buy, some programs need as little as 3% down, and some need $0.
I’m self-employed. Can I really get a loan?
Yes. We can use your bank statements or a profit summary instead of pay stubs. It’s what I do best.
How long does it take?
Usually about 30 days from application to keys. Sometimes faster.
¿Puedo hacer todo en español?
¡Sí! Todo el proceso puede ser en español — llamadas, mensajes y explicaciones. Hablamos tu idioma.