Your first home, explained like a friend would.
FHA loans exist for exactly this moment: 3.5% down, flexible credit, and gift funds allowed. Estimate your payment below, then get pre qualified in a few minutes so you can shop with a real number.
What can you afford, and what would it cost each month?
This uses FHA's rules of thumb and this week's average rate. It is a starting point, not a pre approval. The pre qualification below turns it into one.
FHA estimate
30 year fixed, 3.5% downEstimates only. Uses a 45% debt to income limit (43% under 620), 1.75% upfront mortgage insurance financed into the loan, and annual mortgage insurance of 0.55%. Actual approval depends on your full application, county loan limits and program guidelines.
From "can I?" to keys, in order.
Pre qualification
Answer a few questions below. Irving reviews your credit and income and tells you your real price range, usually the same day.
Pre approval letter
You complete the online application and upload pay stubs, W2s and bank statements from your phone. You get a letter agents take seriously.
Shop, offer, close
Once you're in contract we order the appraisal, lock your rate and walk you through every disclosure. Typical timeline is 21 to 30 days.
Credit under 640? Talk to us first.
FHA allows scores down to 580 with 3.5% down. If your score is close, a 30 to 60 day plan can move it. We'll tell you exactly what to do before you spend a dollar on applications.
Gift funds are allowed
Family can gift your entire down payment. We handle the gift letter and the paper trail so it doesn't slow you down.
Down payment assistance
California and local programs can cover some or all of your down payment for eligible buyers. Ask and we'll check what you qualify for.
Four quick steps. No credit pull yet.
This is the conversation starter. Irving reviews it personally and reaches out with your price range and next steps. Nothing is pulled or submitted to a lender until you say so.
- Takes about 3 minutes
- No impact on your credit
- You'll hear from Irving, not a call center
- Se habla español
Other paths to your first home.
Conventional 3% down
For buyers with stronger credit who want to avoid FHA's lifetime mortgage insurance. Insurance drops off at 20% equity.
VA, zero down
Veterans and active duty buy with no down payment and no monthly mortgage insurance. Thank you for your service. Let's use it.
Bank statement loans
Self employed and write everything off? Qualify on 12 or 24 months of deposits instead of tax returns.
What's the difference between pre qualified and pre approved?
Pre qualified means we reviewed your numbers and gave you a range. Pre approved means you completed the full application, we verified your documents and credit, and you have a letter agents trust. Pre qualification is today. Pre approval usually follows within 24 to 48 hours of your application.
How much do I really need saved?
On a $500,000 home with FHA, the minimum down payment is $17,500. Closing costs run roughly 2 to 3%, and sellers can pay up to 6% of them. Between gift funds, seller credits and assistance programs, many buyers close with less than 5% out of pocket.
Will you sell my information?
No. Your pre qualification goes to Irving and nobody else. He reviews it personally and reaches out directly.