From 3% down
First home
Buying your first home comes with a lot of unfamiliar words. We turn them into numbers you can check, compare a conventional loan with FHA for your situation, and tell you what you will need on closing day.
Who it is for.
Renting now
You pay rent every month and want that money to build equity instead.
Saving slowly
You have less than 20 percent saved. A 3 or 3.5 percent down payment can be enough.
Credit from 580
FHA accepts scores from 580 with 3.5 percent down. Conventional loans usually start at 620.
What you will need.
Two recent pay stubs
Two years of W-2s
Two months of bank statements
Photo ID
Your down payment source
We send you a checklist after the first call, and you can upload everything securely.
An example.
30-year fixed, 5% down
6.250%
$2,954 a month
Example only
On a $400,000 home, including taxes, insurance and mortgage insurance. Example only, not a quote.
Two questions we hear.
Can I use gift money for the down payment?
Is there down payment help in North Carolina?
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.