Frequently Asked Questions

Pre-qualification can often be completed in as little as 15–30 minutes. Kara will review your financial information and give you a clear picture of what you can afford — whether in person, over the phone, or virtually.

Typically you'll need recent pay stubs, W-2s or tax returns from the last two years, bank statements, and a valid ID. Don't worry if you're not sure — Kara will walk you through exactly what's needed for your situation.

Credit score requirements vary by loan type. Conventional loans typically require a 620+ score, FHA loans may go as low as 580, and VA loans have flexible credit requirements. Kara will review your specific situation and help you understand your options.

Pre-qualification is an initial estimate of what you might qualify for based on self-reported financial information. Pre-approval is a more thorough process where a lender verifies your income, assets, and credit. Pre-approval carries more weight when making an offer on a home.

We offer a full range of loan products including Conventional loans, FHA loans, VA loans, and refinancing options (rate-and-term, cash-out, and streamline). Kara will help you determine which loan type is the best fit for your situation.

Absolutely! First-time buyers are a big part of our practice. Kara takes extra time to explain the entire process step by step, so you feel confident and informed from start to finish. There are also special programs and down payment assistance options available for first-time buyers.

FHA loans are government-backed and typically have lower credit score requirements (580+) and smaller down payments (3.5%). Conventional loans may offer better rates for borrowers with strong credit (620+) and can avoid mortgage insurance with 20% down. Kara can help you compare the two.

VA loans offer significant advantages for eligible veterans and service members: no down payment required, no private mortgage insurance (PMI), competitive interest rates, and more flexible credit requirements. Kara is a VA loan specialist and will guide you through every step.

Generally, you may be eligible if you served on active duty for at least 90 consecutive days during wartime (or 181 days during peacetime), served 6+ years in the National Guard or Reserves, or are the surviving spouse of a veteran who died in service. Kara can help you verify your eligibility.

Yes! VA loan benefits can be reused. If you've paid off a previous VA loan or sold the home, your entitlement can be restored. In some cases, you may even be able to have two VA loans at the same time.

From application to closing, the typical mortgage process takes 30–45 days. However, timelines can vary depending on the loan type, your financial situation, and market conditions. Kara keeps you informed at every step so there are no surprises.

After pre-qualification, you'll have a clear budget to start house shopping. Once you find a home and make an offer, we'll move to the formal loan application, followed by processing, underwriting, and closing. Kara guides you through each phase.

It depends on the loan type. VA loans require no down payment. FHA loans require as little as 3.5% down. Conventional loans can go as low as 3% for first-time buyers. Kara will help you explore all your options and find the best fit for your budget.

Closing costs typically range from 2–5% of the loan amount and include fees for appraisal, title insurance, origination, and more. Kara will provide a detailed estimate early in the process so you can plan ahead — no surprises at the closing table.

No! Your initial consultation with Kara is completely free and comes with no obligation. It's simply an opportunity to discuss your goals, ask questions, and understand your options.