Got Questions? I’ve Got Answers.
Helping you make sense of home loans, one question at a time. Browse the most common mortgage questions below.
The best loan decisions start with the right information — and the right person to walk you through it.
⭐ 5.0 Rated | Realtor® + Loan Officer | Honest answers, zero pressure
Your Mortgage Questions — Answered
Navigating home loans doesn’t have to be confusing. Click any question to expand the answer.
What types of home loans do you offer?
I offer a wide range of loan options including Conventional, FHA, VA, USDA, Jumbo, Non-QM, Foreign National, Reverse Mortgages, and more. Together, we’ll find the right fit for your needs.
How do I get pre-approved for a mortgage?
You can start through my secure application portal. I’ll explain the income, asset, and credit information needed for review, then discuss the budget and conditions associated with any pre-approval. Final approval depends on underwriting and the property.
How much money do I need for a down payment?
It depends on the loan type. Some programs allow as little as 3% down, and others, like VA or USDA loans, offer 0% down options. We’ll look at what works best for your budget and goals.
How long does the mortgage process take?
Timing depends on the loan program, documentation, appraisal, and underwriting. I’ll discuss a realistic timeline for your situation and keep you informed about anything that could affect closing.
What’s the difference between pre-qualified and pre-approved?
Pre-qualification is a quick estimate of how much you might be able to borrow. Pre-approval is more in-depth and includes reviewing your credit, income, and assets — giving sellers more confidence in your offer.
Can I refinance to lower my monthly payment?
It may, depending on your current loan and the terms available to you. We’ll compare the new payment, closing costs, loan length, and how long you expect to keep the mortgage. A lower payment alone doesn’t tell you whether the overall cost is better.
Do you work with first-time homebuyers?
Yes! I love helping first-time buyers understand the process, explore loan options, and feel confident every step of the way.
How do I know which loan program is right for me?
That depends on your financial goals, credit profile, and how long you plan to stay in the home. I’ll guide you through your options so you can make the most informed decision.
What documents will I need to apply?
Typically, you’ll need income verification (like pay stubs or tax returns), bank statements, and a photo ID. I’ll give you a personalized checklist to make it easy.
Can I buy a home if I’m self-employed or have irregular income?
There may be options. I’ll review how your income is documented and explain which programs could fit, including alternatives for some self-employed borrowers. Eligibility depends on the program and your full financial situation.
👉 Don’t see your question? Let’s talk through it — I’m happy to help.
When Should You Reach Out?
If any of these sound like you, a quick conversation could save you time, money, or both.
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Thinking About Buying
Not sure where to start? I’ll walk you through pre-approval, loan options, and what to expect — so you feel confident before you ever make an offer.
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Wondering About Refinancing
Rates shifted? Credit improved? Life changed? We can start by comparing your current mortgage with the options available and the costs involved.
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Just Have Questions
No agenda required. If something about your mortgage doesn’t make sense, I’m here to explain it in plain English — no sales pitch, just answers.
Still Have Questions?
I’m happy to talk through your plans. Schedule a conversation, or use my secure application portal when you’re ready.
There’s no such thing as a dumb question — just ones that haven’t been asked yet.
Garry McDonald | NMLS #1922072 | DRE# 01781703 | (949) 534-6686
