Mortgage FAQ | Home Loan Questions Answered

What credit score do I need to qualify for a home loan?

The minimum credit score depends on the loan type. FHA loans can be approved with scores as low as 580 (with 3.5% down) or even 500 (with 10% down). Conventional loans typically require a 620 or higher, while VA and USDA loans have no official minimum but lenders usually look for 580-620+. The higher your score, the better the rate you'll qualify for. Rob works with borrowers across the credit spectrum — contact him to find out exactly where you stand.

How long does the home loan process take?

Pre-approval can typically be issued within 24–48 hours. From application to closing, the average purchase loan takes 21–30 days when borrowers provide documents promptly. Refinances can close in as little as 15–20 days. Rob prioritizes fast turnaround and proactive communication so there are no surprises on your timeline.

What documents do I need to apply for a mortgage?

You’ll generally need: 2 years of W-2s or tax returns (self-employed borrowers need 2 years of business and personal returns), 30 days of recent pay stubs, 2–3 months of bank statements, a copy of your photo ID, and information on any current debts. Rob will send you a personalized checklist so the process is as easy as possible.

Can Rob help me refinance my current mortgage?

Absolutely. Refinancing can lower your monthly payment, reduce your interest rate, shorten your loan term, or allow you to access cash from your home’s equity. Rob will analyze your current loan and compare it against today’s rates to show you your exact savings. If refinancing makes sense for your situation, he’ll make it happen quickly.

Are there any fees to work with Rob?

Getting a rate quote and pre-approval from Rob is completely free with no obligation. Standard mortgage closing costs (appraisal, title, escrow, etc.) do apply when your loan closes — Rob will provide a detailed Loan Estimate so you know exactly what to expect before moving forward. No surprises, no hidden fees.

What types of loans does Rob offer?

Rob works with a wide variety of loan programs to fit your unique situation. These include Conventional loans (great for buyers with strong credit), FHA loans (low down payment, flexible credit), VA loans (for veterans and active-duty military with zero down), Jumbo loans (for higher-priced properties), Down Payment Assistance (DPA) programs, Reverse mortgages, and special condo financing programs. Not sure which loan is right for you? Rob will walk you through all your options and recommend the best fit — free of charge.

What is the difference between pre-qualification and pre-approval?

Pre-qualification is a quick, informal estimate of what you might be able to borrow based on self-reported income and assets — no credit check required. Pre-approval is a more thorough process where Rob reviews your actual financial documents, pulls your credit, and issues a formal letter confirming your buying power. Pre-approval carries far more weight with sellers and is highly recommended before you start home shopping. Rob can typically get you pre-approved within 24-48 hours.

Do you offer loans for first-time homebuyers?

Absolutely! Rob specializes in helping first-time homebuyers navigate the process with confidence. He offers access to FHA loans with as little as 3.5% down, Down Payment Assistance (DPA) programs that can cover your down payment and closing costs, and first-time buyer education to help you feel informed every step of the way. Many first-time buyers are surprised by how much they can afford — reach out to Rob for a free, no-pressure consultation and find out what you qualify for.

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