FAQ

Is there a broker fee? Who pays it?

I work with 120+ lender partners who are competing for my business as well as yours. I can almost always find a lender who will pay my entire fee! If for some reason they won't and you really like that specific lender's terms, it may make sense for you to pay my fee—but I would have a conversation with you before that would happen.
Does it ultimately cost more to use a broker?

Not at all! While every lender has different rates and different fees, my lender partners offer wholesale rates and pay my fee, allowing me to pass on significant savings to you. I also do the comparison shopping for you, to make sure I find you the best deal that you can qualify for.
Are there any upfront application fees?

My application is completely free! That said, I do encourage you to purchase your credit report as the first step in the process, since I need a credit report to give you an accurate quote or pre-qualification letter. Right now that fee is $99, which goes entirely to a third party. If anyone else does not ask you to purchase your credit report, they are usually buying it for you temporarily and charging you back at the closing table—and they can't even give you a copy by law. Pulling your credit first allows you to have your own copy to review as you begin your home buying process.
Is there a minimum credit score to get approved for a loan?

There are loan programs out there for buyers with scores as low as 500. While you should always be working to improve your credit score, don't let that stop you! Let's talk.
Is there a minimum downpayment to get approved for a loan?

There are loan programs out there that require just 3% down, and some that go as low as 0% down if you qualify for downpayment assistance. If you've been struggling to save, don't let that stop you. Fill out an application, and together we'll see what you can qualify for.
Is there a minimum salary to get approved for a loan?

Not at all! There are loan programs out there for everyone, including buyers with low income and even no income. Some lenders will look at how much cash you have in the bank instead of verifying your salary. Other lenders will qualify you for investment property loans by assessing if the potential rental income will cover the mortgage, and they don't consider your personal income at all. Every situation is unique, but if there's a program that fits you I will find it!