Home Buyer FAQs

Answers to the Most Common Questions We Hear

If you’re new to homeownership, you’re bound to have questions. At Home Loan Solutions, we believe in giving you clear, honest answers to help you feel confident every step of the way.

Here are some of the most frequently asked questions we receive:

💰 How much money do I need to put down to buy a home?

It depends on the loan program, home price, and your credit profile. Here are some general benchmarks:

  • FHA loans: as low as 3.5% down

  • Conventional loans: as low as 3% down

  • VA loans: 0% down for qualified military buyers

We also offer down payment assistance programs. During your consultation, we’ll help estimate your exact required down payment.

Not necessarily. Ideally, a middle FICO score of 620+ will give you access to the most options. That said, we work with buyers below that threshold too. We can also help you build a plan to raise your score if needed.

Yes — but there are waiting periods depending on your loan type. The countdown starts from your discharge date (not the filing date). If you’re unsure when your bankruptcy was discharged, reach out to the attorney who handled your case. You might be eligible sooner than you think.

Yes. The wait time depends on the loan program and the details of your past credit event. Contact us to discuss your scenario — you may qualify sooner than expected.

Home Loan Solutions — Empowering Smart, Informed Buyers.

“They walked us through every loan option — we felt informed and empowered the whole time.” – J. Cruz, Riverside, CA
J. Cruz
Riverside, CA

📞 Still Have Questions?

Buying a home is a major life decision, and it’s natural to feel uncertain. Let’s talk. Our friendly, knowledgeable team is here to help you understand your options and move forward with confidence.

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