Frequently Asked Questions

We have the answers to all the common mortgage loans FAQs. If your question is not here, do not hesitate to keep your questions and consult our experts.

Q 1. How much down payment do I need for an FHA mortgage?
A: depending on your credit score your down payment will vary. If your credit is 580 or above you will need 3.5% down payment. If you are 579 or below you will need 10% down payment.


Q 2. How much down do I need for a Conventional Loan?
A: Down payments on Conventional home loans vary from as low as 3 percent to 20 percent.


Q 3. Can I purchase a home without an appraisal?
A: Yes, there is a loan program that the lender will waive the appraisal.


Q4. Can I purchase a home with no money down?
A: Yes, there a loan program called Home Advantage and USDA.

We can save you money and get you a competitive mortgage rate for your home loan!

A loan given by a bank, mortgage company or other financial institution for the purchase
of a primary or investment residence. A home mortgage is one of the most common forms of debt, and it
is also one of the most advised.

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Josh Miller

Loan Officer | NMLS # 1538526
Banking License # 1786228
Phone: 206.769.5340
Fax: 1.877.334.9347

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Consumer Access                10418 11th St Ct E,
Edgewood, Wa 98372.
NMLS # 14210| Washington