Home loans,
minus the maze.
Porchlight is a mortgage broker in Raleigh. We compare offers from over 30 lenders, explain every number in plain words, and stay with you until the keys are in your hand.
Which loan fits you?
Five ways into a home, and one team that knows them all. Tell us where you are and we will point you to the right one.
What goes into a monthly payment.
A payment is more than the loan. Pick a down payment to see how the parts change on a $400,000 home.
Example only, not a quote. 30-year fixed at 6.25 percent, property taxes of $290 and homeowners insurance of $150 a month, and mortgage insurance estimated for each down payment. Your numbers depend on your credit, the home and the lender.
From first call to keys.
Most of our purchase loans close in about 30 days. Here is what happens, and who does what.
Example rates this week.
We shop over 30 wholesale lenders for every loan. These sample rates show how the options compare.
Sample rates for illustration, updated weekly. Based on a $400,000 purchase in Wake County with 20 percent down (VA: no down payment), a 760 credit score and a single-family home. Your rate depends on your credit, your down payment and the market. This is not a commitment to lend.
People who pick up the phone.
Four of us, all in Raleigh. One loan officer stays with you from the first call to closing day, and you get their cell number.
Maya told us what we could afford before we fell in love with a house. We closed in 28 days, and the payment was the number she showed us on our first call.
Questions we hear every week.
How much do I need for a down payment?
Will a pre-approval hurt my credit?
What is the difference between a broker and a bank?
How long does it take to close?
When can I stop paying mortgage insurance?
Start with a free pre-approval.
It takes about 15 minutes online, and a loan officer calls you back the same business day.
Talk to Maya, Andre or Lin.