10,000+ Properties Available

Pre-qualification is an early estimate of what you might be able to afford, based on information you share with a lender. Pre-approval goes a step further and involves verifying your financial details, giving you a clearer picture of your buying power. Both are helpful starting points, and the right one depends on where you are in your decision-making process.

Your credit score helps lenders assess risk, which can influence the interest rate they offer you. In general, higher scores may qualify for lower rates, while lower scores can mean slightly higher costs over time. A lender can help explain what your score means for you and whether there are simple steps to improve it before moving forward.

Closing costs are the fees and expenses required to finalize a real estate transaction, such as lender fees, title services, and taxes. They typically range from about 2–5% of the purchase price, depending on the loan and location. A lender or title professional can walk you through what applies to your situation so there are no surprises.

The homebuying process typically takes about 30–60 days once you’re under contract, though timelines can vary. Factors like financing, inspections, and scheduling can all play a role. What matters most is moving at a pace that feels comfortable and well-informed for you.

Yes — many self-employed buyers or those with variable income can still qualify for a mortgage. Lenders typically look at income history over time, along with documentation like tax returns and bank statements. A lender can help you understand what’s needed and explore options that fit your situation.

Your monthly mortgage payment usually includes principal and interest, along with property taxes and homeowner’s insurance. In some cases, it may also include mortgage insurance or HOA dues. A lender can help break this down so you understand exactly what your monthly payment covers.

A 2-1 buydown is a financing option where the interest rate is temporarily reduced for the first two years of the loan — typically 2% lower the first year and 1% lower the second. This can help lower initial monthly payments while you settle in or plan for future changes. A lender can help you decide whether this option makes sense based on your long-term goals.

A 2-1 buydown is usually paid for upfront at closing, often by the seller as a concession or sometimes by the buyer. In some cases, lenders may offer it as part of a promotional program. The exact setup can vary, so it’s helpful to review the options with your lender to see what’s available in your situation.