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Common Questions from Homebuyers

Buying a home can feel overwhelming, but we’re here to make it simple! Here are answers to some of the most common questions we hear from homebuyers like you.

How much money do I need for a down payment?

Great question! The amount you’ll need depends on the type of loan you choose. While 20% is a common benchmark, many loan programs allow for much less. For example, FHA loans often require as little as 3.5%, and VA loans may not require a down payment at all! Don’t worry—our team will help you find the best option for your situation.

How much money do I need for a down payment?

Good question! Pre-qualification is an estimate of what you might qualify for based on basic financial info, while pre-approval is a more in-depth process where a lender verifies your finances and provides a conditional loan approval. Pre-approval is stronger and makes you a more competitive buyer when making an offer on a home.

How long does the mortgage process take?

Every situation is a little different, but most mortgage processes take about 30–45 days from start to finish. This can vary depending on factors like how quickly documents are submitted and the type of loan you’re getting. Don’t worry—we’ll guide you every step of the way and keep you informed throughout the process!

Get In Touch

The Mortgage Solution

Company NMLS #1804685

(562) 554-5499

17409 Marquardt Ave Ste F, Cerritos, CA 90703

17409 Marquardt Ave, Cerritos, CA 90703, USA

Disclaimer: The information provided on this website is for informational purposes only and does not constitute a commitment to lend or extend credit. All loan programs are subject to change without notice, and all loans are subject to credit approval. Additional terms, conditions, and restrictions may apply. Mortgage loans may be arranged through third-party providers.