Professional Mortgage Services

No. You can put as little as 3% down. But if you want to avoid PMI (Private Mortgage Insurance) then putting 20% down would be ideal.

The first step is always to speak with a Mortgage professional to find out how much home you can afford. By doing this one step first you will save yourself a lot of time and headaches.

Think of Pre-Qualification as an initial and very important step and Pre-Approval as the green light signaling that you’re ready to start your home search. A Pre-Approval means you’re a serious buyer whose lender has already started the loan process. Your lender has also checked your credit, verified your income and assets and you have been preliminary underwritten.

Feel free to reach out to me. I would be happy to help you answer any mortgage related questions you may have. My email  address is above.