Frequently Asked Questions

 To get pre-approved for a mortgage, you'll complete an application, provide financial documents such as pay stubs, bank statements and tax returns, and undergo a credit check. Once reviewed, I will issue a pre-approval letter—often within 24 hours—so you can shop for homes with confidence. 

 The mortgage approval timeline depends on how quickly you submit your application and documents. Once everything is received, I can typically provide approval within 24 hours—assuming no issues arise. 

 Pre-qualification is an informal estimate based on basic financial information you provide, while pre-approval is a more in-depth review that includes verifying your income, credit, and assets. A pre-approval carries more weight with sellers because it shows you're a serious, qualified buyer. 

 One of the biggest misconceptions in home buying is that you need a 20% down payment. Depending on eligibility, many loan programs offer options with as little as 0%, 3%, or 5% down. I’ll help you find the best fit for your situation. 

 Closing costs are the fees and expenses associated with finalizing your home loan—such as appraisal, title, lender, and attorney fees. Typically, the buyer covers most of these costs, but in some cases, sellers may agree to contribute as part of the negotiation 

 Having low credit doesn’t automatically disqualify you from getting a mortgage. There are loan programs specifically designed for buyers with less-than-perfect credit. I’ll work with you to explore your options and guide you on steps to improve your credit if needed. 

 Yes, many loan programs allow you to use gift money from a family member or approved donor toward your down payment. There are specific guidelines for documentation, and I’ll help you make sure everything is properly recorded for loan approval. 

 A conventional loan is not backed by the government and typically requires higher credit scores and a larger down payment. An FHA loan is insured by the Federal Housing Administration and is designed to help buyers with lower credit scores or smaller down payments. I’ll help you compare both options to see which fits your needs best. 

 Yes! Texas offers several first-time homebuyer programs that provide down payment assistance, reduced interest rates, and other benefits. I can help you explore available options and determine which programs you may qualify for based on your income, credit, and location.