Purchasing a Home
If you are thinking of purchasing a new home, we know you may have questions. Whether this is your first time or your 5th, we here at Affinity Mortgage Brokers will help guide you into the perfect home loan for you, your family, and your financial situation. We offer solutions for any kind of borrower, including:
- First Time Homebuyers
- Military Buyers
- Secondary Homes and Investment Properties
- Conventional and Jumbo Loans
- Borrowers Who Live Out of State
- Borrowers with Below Average Credit
- Self-Employed Borrowers
Types of Loan Programs
No matter what kind of borrower you are, we have a solution for you. As a mortgage broker, we have access to products across many different lenders. This gives us more flexibility and more options for our buyers. The Lenders we work with offer FHA, VA, Conventional, USDA, and even non standard programs such as a bank statement programs.
Purchase Eligibility
Eligibility requirements will vary between loan programs. With an FHA loan, down payments range from 2.5% to 20% of the purchase price. Borrowers will generally need to provide proof of employment and bank statements that help verify their funds. Veterans using a VA loan usually do not require a down payment. Please ask us about any down payment assistance programs you may be eligible for. You will also need to meet certain credit score requirements, and prove that you are in possession of enough assets to cover closing cost fees associated with buying a home.