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Your loan can take between 30 - 45 days.
You will need the following:
You qualify for your loan amount based upon the following:
Sal has been licensed by the State of California since 1979 and securing Real Estate loans since then. Sal has also taken numerous courses in continued education and has been keeping current with the latest in the real estate industry, to better help his clients. Sal has also received his NMLS Certification.
Your minimum down payment required depends on the type of loan you are looking for. With a VA loan there is no down payment required. An FHA loan would require at least 3 1/2% down, and finally a conventonal loan would need at least 5% down.
The differences would include, income, credit rating, and down payment amount. A credit score below 680 and a down payment of less than 5% you could look into an FHA loan. call Sal to find out more details at 714-608-0955.