FAQs - Lance Dawson

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F. A. Q's

Frequently Asked Questions

Find answers to the most common questions about mortgages and our services right here.

What is the minimum credit score needed for a mortgage?

The required credit score depends on the loan type, but most lenders prefer a score of 620 or higher. However, there are options for lower scores with higher down payments.

How much down payment do I need?

The down payment varies by loan type. Conventional loans typically require 5-20%, while FHA loans may require as little as 3.5%.

How long does the mortgage approval process take?

On average, mortgage approval takes 30 to 45 days, but it can be faster depending on your financial situation and documentation.

Can I get a mortgage if I’m self-employed?

Yes! You’ll need to provide additional proof of income, such as tax returns, bank statements, and business records, to qualify.

What are the benefits of refinancing my mortgage?

Refinancing can help you lower your interest rate, reduce monthly payments, or access home equity for renovations or other expenses.

Secure Your Future with Smart Mortgage Solutions

Finding the right mortgage shouldn’t be stressful. We offer tailored solutions to help you buy, refinance, or invest in your dream home—with ease, confidence, and the best rates available.

What can we help you?

F. A. Q's

Frequently Asked Questions

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