First Time Buyers

  1. What can I afford? Your income, debt to income (DTI) ratio and the amount of money you are able to put down toward your purchase will all play a part in determining what priced home you can afford. Our preferred lenders Chase Home Mortgage and Wells Fargo offer calculators to help you estimate what priced home you can afford.

  2. What will my mortgage be? This will depend on a number of factors including the purchase price of the home, how much your down payment is and what interest rate you secure for the loan. Our two preferred lenders, Chase Home Mortgage and Wells Fargo offer a mortgage calculator to help you estimate your monthly payment.

  3. What is my credit score? (FICO)
  4. How do I know which type of mortgage is best for me? The experienced loan consultants with our preferred lenders Wells Fargo and Chase Home Mortgage will help you determine what type of loan is best suited for your needs. Both lenders offer programs for First-Time Buyers in addition to 100% financing options and everything from 3 year to 30 year fixed rates.

  5. What if my credit isn't great? That's okay, you can work on re-establishing your good credit and also build good credit with a good debt consultant and experienced mortgage consultant you can develop a realistic program with flexible guidelines to meet your needs.
    • Build your good credit. Apply for a credit card. Mortgage lenders usually want to see how you've handled smaller debt obligations, such as credit card balances. By making regular payments over a period of time, you demonstrate you are capable of repaying a debt. Make all payments on time. It's the single most important factor.

  6. Visit Vue's Pre-Qualifying page