Did you know that if you can afford to rent, you can probably afford to own? With inflation, interest rates and rent predicted to continue rising, now is the time to buy and invest in a home of your own – an asset that will keep appreciating. According to the New York Times, rents on new leases climbed by 14.1 percent in the year through June.
Still not convinced? Here are the three basic factors for qualifying for a mortgage:
Income – With a full-time job or steady source of income, you’re off to a great start. Even if not, we offer many non-QM loan options to assist those that are self-employed, small business owners or gig economy workers.
Down Payment – First off, a 20% down payment is oftentimes not the case. Many programs will work with 5%, 3.5%, and in some cases, even 0% down. Some loan programs even cover closing costs for buyers.
Credit – You don’t need perfect credit to qualify for a loan! Even if there are a couple of dings on your credit report from past mistakes, our qualified Loan Originators are ready to work with your specific situation.
Call us today to see how far that rent payment you’re sending off monthly may get you with a home of your own!
For being a first time buyer, the process was incredibly smooth thanks to the team at Interlinc. They have been extremely helpful and have answered all my questions. Their communication through every process has given me a better understand of everything goes into buying a home.
Liberty J
Everything went great. Easy to work with. Answered all questions promptly. Great experience.
Robert L
Thank you to Paul, Amanda, and the rest of the team for making this process smooth and helping us feel comfortable during our first home buying process!
Celeste M
You all were awesome! Thank you!
Elsbeth E
Originally, I was hesitant to approach this process given my wavering mindset on where I stood in my journey to purchase a house after 8 years of renting. In talking with Paul initially, he provided sound guidance and confidence in his abilities to understand my needs, set goals, and deliver to outcomes. I am very appreciative of the effort that Paul and his team put forth to make this a successful process and get my family back into our first home ownership status in 8 years.
James B
We recently purchased our new home, and our loan officer Dominque Ellis was instrumental in making this process smooth and stress-free. From the very beginning, she exhibited an exceptional level of professionalism, expertise, and dedication.Dominique took the time to thoroughly explain every step of the loan process, ensuring we fully understood our options and felt confident in our decisions. She was always available to answer our questions, no matter how small, and responded promptly to emails and calls. This level of communication made us feel valued and supported throughout the entire journey.One of the standout aspects of working with Dominique was her attention to detail and proactive approach. She anticipated potential challenges and addressed them before they could become issues, which greatly expedited the closing process. Her deep knowledge of the mortgage industry and keen insight into our financial situation helped us secure the best possible terms for our loan.Furthermore, Dominique demonstrated genuine care and commitment to our family's needs, which went above and beyond our expectations. It was clear that she wasn’t just interested in closing a deal, but in helping us achieve our dream of our forever home.Thanks to Dominique, we are now enjoying our new home and couldn't be happier with the service we received. We highly recommend her to anyone in need of a mortgage professional. She is truly outstanding at what she does, and we are grateful for all her hard work.
Crystal R
You’ll were very helpful. If we had a question all we had to do was ask and you were quick to get back with us!
Cheryl A
Great experience!
Aiden A
You’ve all gone above and beyond for us especially in the short time frame we had to work within. I will be recommending you to everyone I hear talk about buying a house.
Justin W
Paul has been very thorough and quick to respond to all questions we had through the process. Great experience!
Hayley E
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