In other words, you should be good at managing your financial resources by making informed decisions about spending, saving, and investing.

History of employment in the same industry for at least 2 years is preferred but there may be exceptions.

Not sure what your credit score is? Credit Karma a great resource. We will also help you find out and even advise you how you can raise it if necessary.

For Purchases: a minimum of 25% down payment is required.

For Refinancing: 30% equity or more is required.

Unsure what your property is worth, we will provide you with a very reliable, accurate estimate.

This is your gross monthly income divided by the liabilities such as your mortgage, car payment, minimum pays for credit cards, etc. as reported on your credit report. We will help you calculate this too –it’s easy.

For example: If your Maximum Line of Credit is $500,000, you will need at least $50,0000 in assets/reserves. This includes your checking, savings, stocks, bonds, retirement funds like 401K, IRA, etc. Your Maximum Line of Credit may go up to 75% of your home’s appraised value. We will help you determine how much you have, so you don’t have to fret about that.