Buy a Home
rates, and expert guidance to make your homeownership journey smooth and stress-free.
Congratulations! You're ready to buy a home
Do I Qualify?
Lenders evaluate your ability to repay by reviewing your debt-to-income ratio (DTI)—the portion of your income that goes toward debt payments. Typical qualifying guidelines include:
Conventional loans often aim for about 28% front-end (housing costs) and 36% back-end (all debts), though many lenders allow back-end ratios up to 43–45% depending on credit, reserves, and compensating factors.
FHA loans generally allow up to 31% front-end / 43% back-end, with possible flexibility (up to ~50%) if you have strong credit or extra cash reserves.
VA loans typically use a single DTI threshold of 41%, although higher ratios may be approved with compensating factors.
Other factors that influence qualification include your credit score, down payment size, cash reserves, employment history, and the specific lender’s overlays.
Mortgage Home Purchase Loans without the Hassle!
Need financing options on a home, or other real estate? Choosing a purchase loan product that matches your goals and making sure you get the best rate for your given scenario can feel like playing whack-a-mole.
We’re here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with a FREE pre-approval letter request.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.