Home Loans
Affordable home loans with competitive rates, flexible terms, and personalized service to make your dream home a reality.
Affordable home loans with competitive rates, flexible terms, and personalized service to make your dream home a reality.
While the minimum credit score required varies by lender and loan type, a score of 620 is typically the minimum for conventional loans. FHA loans may allow for lower scores, around 580 or even 500 with a higher down payment. A higher credit score can help you secure better interest rates and terms.
The required down payment varies by loan type. Conventional loans usually require at least 5-20% of the home's purchase price. FHA loans typically require a minimum of 3.5% if you have a credit score of 580 or higher. VA and USDA loans often do not require a down payment.
Commonly required documents include: Proof of income (pay stubs, tax returns, W-2 forms) Employment verification Bank statements Identification (driver’s license or passport) Credit history report Details of current debts and liabilities
The home loan approval process typically The home loan approval process typically takes 30 to 45 days from application to closing. from application to closing. This timeline can vary based on factors like the complexity of the loan, the efficiency of the lender, and the completeness of your documentation. Pre-approval can speed up the final approval process once you’ve made an offer on a home.
At Star Finance Group, we understand that buying a home is a significant milestone. Whether you're purchasing your first home, upgrading to your next one, or finally acquiring your dream home, we offer tailored home loan solutions to make the process smoother and faster. With competitive rates, flexible terms, and personalized support, our home loans are designed to meet your unique needs and help you achieve your homeownership goals sooner. Let us guide you every step of the way to turn your homeownership dreams into reality.
