Frequently Asked Questions
We are the very first step to Home Loan Services. We begin with a brief conversation with you on your objectives and wealth. Then we assist you in being pre-qualified or pre-approved in taking a loan.
The only difference is the person to whom the loan is addressed. Traditional loans are typically available to those buyers who have a better credit score and have a larger down payment. The FHA loans are aimed at supporting first-time homebuyer loans and those with a smaller down payment or lower credit score. We shall see which of them fits your own case best.
The down payment options will require money that will depend on the type of loan. As an illustration, VA and USDA loans usually do not have any down payment whatsoever. FHA loans are available with a low down payment, and a conventional loan may need slightly higher.
At the time you start with your loan application help, we will require certain vital documents. They typically contain your past two years’ tax filings, your two payrolls, and your recent bank statements. With such documents prepared for home loans, the entire process will occur much quicker and easier.
Although Teresa is located on the mainland, we are established to offer complete services of home loans to you throughout the state of Hawaii, which covers Oahu, Maui, Kauai, and the Big Island.