You have the questions, we have the answers!
We will do anything in our power to try to get your questions answered!
prequal@zeushomeloans.com
(623) 385-5531
The maximum loan amount you can qualify for depends on several factors, including your credit score, income, and debt-to-income ratio. Our team of mortgage officers can review your financial situation and help you determine the maximum loan amount you can qualify for.
The minimum down payment required for a mortgage depends on the type of loan you are applying for. For example, some government-backed loans like FHA loans require as little as 3.5% down, while conventional loans may require a higher down payment. Our team of mortgage officers can help you understand the down payment requirements for each type of loan.
Interest rates can vary depending on a variety of factors, including the type of loan, the lender, and current market conditions. Our team of mortgage officers can provide you with current interest rates and help you understand how they can impact your monthly payments and total cost of the loan.
The documents you need to apply for a mortgage can vary depending on the lender and the type of loan you are applying for. However, some common documents include W-2s, pay stubs, tax returns, bank statements, and proof of identification. Our team of mortgage officers can provide you with a comprehensive list of required documents and help you gather them.
Pre-qualification is an initial assessment of your creditworthiness based on information you provide to a lender. Pre-approval is a more thorough process that involves a credit check and verification of your income, assets, and employment. Pre-approval provides you with a more accurate estimate of the loan amount you can qualify for and gives you a stronger position when making an offer on a home. Our team of mortgage officers can help you understand the differences between pre-qualification and pre-approval and guide you through the process.
When you're purchasing a home with a mortgage, you may be required to...
When applying for a mortgage, lenders will consider your debt-to-income ratio (DTI) as...