It depends on your income, debts, credit, and down payment. A quick pre-approval can tell you your price range.

Your payment includes the loan, taxes, insurance, and possibly PMI or HOA fees. Your lender can show you an exact breakdown.

Many loans start around 580–620, but higher scores help you qualify more easily and get a better rate.

Some loans allow 3%–5% down, FHA allows 3.5%, and VA/USDA can be 0%. Putting 20% down helps you avoid PMI.

Each loan has different rules. FHA is flexible with credit, Conventional rewards strong credit, VA is for veterans, USDA is for rural areas, and Jumbo is for bigger loans.

Rates change daily and depend on your credit, loan type, and down payment. Your lender can give you a personalized quote.

Pre-approval is fast. A full mortgage usually takes about 30 days from start to finish.

Typically pay stubs, W-2s, tax returns (if needed), bank statements, and your ID.

Usually 2%–5% of the loan amount. Some can be rolled into the loan or covered by seller credits.

PMI is insurance for the lender when you put down less than 20%. You can remove it once you reach 20% equity.

An appraiser checks your home’s value. If it comes in low, you may need to renegotiate or adjust your loan.

You can refinance whenever you qualify, though some loan types require a short waiting period (often 6 months).

Big purchases or new debt can hurt your approval. It’s best not to open new accounts until after closing.

Yes—family can help with your down payment. You just need a simple gift letter.

It depends on your credit, income, location, and down payment. Your lender can match you to the best options.

You can “lock” your rate to protect it. Lock periods usually last 30–60 days.

FHA and VA usually require it. Conventional loans often give you a choice if you put enough down.

Pre-qualification is a quick estimate. Pre-approval is verified and much stronger when making an offer.

Lenders look at stable, consistent income. They may count overtime, bonuses, or self-employed income with proper documentation.

Yes, with enough credit, income, and savings. Down payments are usually higher than for primary homes.

For homeowners 62+, it lets you tap your home equity without monthly payments. The loan is repaid later when you move or sell.

Mortgage interest may be tax-deductible. Equity loan rules vary, so it’s smart to check with a tax professional.

You save interest, and most loans have no penalty. Even small extra payments help.

Fixed rates stay the same. Adjustable rates start lower but can change. It depends on how long you plan to stay in the home.

Common delays include missing documents, appraisal issues, slow title work, or big credit changes. Staying organized helps keep things on track.