Loans tailored to fit.
Serving California and Florida since 1986.
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Why use a mortgage broker?
Mortgage brokers target loans to match your profile, accessing a wide range of lenders, including wholesalers, that offer competitive programs and borrower incentives. Brokers are knowledgeable advocates, loan facilitators, and personal project managers who may negotiate lender costs and third-party fees. Savings often offset broker fees.
How much can I afford?
A mortgage calculator gives you an idea of how much your monthly payments will be, so it’s a good place to start. However. it only gives you part of the story. Based on several factors in your borrower profile, lenders use formulas to determine how much they are willing to finance. The best way to know your price range is to get prequalified for a home loan.
Get pre-qualified for a loan
What FICO score do I need?
Credit score requirements vary by lender and loan.
Your FICO score is the number that lenders use to estimate the risk of extending credit to you or lending you money. It is a key factor in whether or not you will be approved for a loan, and plays a role in determining what interest rate you get. High scores translate to better rates.
When applying for a home loan, it's best to avoid applying for any new credit before or during the loan process, as this could potentially lower your credit score.
Can you get a home loan with a low credit score? In short, yes. However, with a low credit score, you may not be able to access the best interest rates and terms on the market. Still, you may have options, however, they may require monthly mortgage insurance premiums.
| Score | Meaning | What to expect |
|---|---|---|
|
740-850 |
Excellent! |
Easy credit approvals; the best interest rates. |
|
670-740 |
Good |
Typically approved; good interest rates. |
|
620-670 |
Acceptable |
Typically approved at higher interest rates. |
|
500-580* |
Not optimal |
There nay still be options for you. |
Please note: According to the Federal Trade Commission (FTC), you’re entitled to one free copy of your credit report every 12 months from each of the three nationwide credit reporting companies. See website for details.