Get Pre-Approved + Know Your Exact Monthly Payment in 24 Hours
For buyers planning to purchase in the next 90 days
Most first-time buyers overestimate what they can afford - avoid that mistake.
Stop guessing what you can afford. Get a clear,
personalized buying plan before you start house hunting.
Know exactly what you can afford
Avoid costly first-time buyer mistakes
Custom loan strategy built for you
Helping buyers across North Caroina secure smart financing
FAQs
Your Mortgage Questions Answered Simply & Quickly
What kind of credit score do I need to qualify for a mortgage?
A score of 620 or higher is generally recommended, but there are options for lower scores.
How much down payment is required?
Down payments vary by loan type. Conventional loans typically require 5-20%, while FHA loans can be as low as 3.5%. There are also programs with no down payment requirement for qualified buyers.
What are the interest rates like right now
Interest rates fluctuate based on market conditions and individual eligibility. We provide up-to-date, competitive rates and work to find the best option for your financial situation.
Can I qualify for a mortgage if I'm self-employed?
Yes, self-employed individuals can qualify for mortgages. You will need to provide additional documentation, such as two years of tax returns and profit and loss statements, to verify your income.
What is the difference between a fixed-rate mortgage and an adjustable-rate mortgage?
A fixed-rate mortgage has the same interest rate throughout the loan term, offering payment stability. An adjustable-rate mortgage has a rate that may change periodically, potentially lowering initial payments but might increase over time.
How long does the mortgage application process take?
Typically, it takes between 30 to 45 days from application to closing.
Justin Freeman Mortgage
Powered by More Life Mortgage
1140 Kildaire Farm Road
Suite 302
Cary, NC 27511
Phone: (919) 244-0164