Questions For Your Lender

Questions for Your Lender (1)

Questions For Your Lender

If it’s your first time buying a home, or you’re looking for a new place to live, knowing the right questions to ask your lender will put you ahead of the game.

The 3 Key Questions You should ask a lender when buying a home:

1. How much home can I afford?
First things first. Learn how much home you can afford by becoming pre-approved for a mortgage loan. This process involves providing your basic financial information to your lender (such as myself), such as your two most recent consecutive pay stubs, two most recent bank statements, most recent TSP or 401K statement, and two most recent tax returns. The lender will then look at several factors such as your credit history and credit score, employment history, and the ratio of your monthly debt payments to your income to determine your loan amount. The max debt to income ratio varies depending on the loan product.

2. What type of loan do you recommend for me? Why?
There are various mortgage loans that you may find more suitable for you. For example, military veterans and first-time homebuyers may be eligible for special low down or no down payment loan programs. Ultimately my goal is to provide you the loan with the most competitive rate and lowest payment. Factors such as down payment and credit score play a huge role in the loan program with the lowest rate and payment.

3. How much of a down payment do I need?
Depending on the type of mortgage loan you choose and/or qualify for, this may vary. However, there are options available for you to put down as little as 3%…. In some situations, No down payment at all! Yes! You heard me right!!!! Zero down payment!

Questions for your lender? Still not sure where to start? Send me a message and we’ll discuss it further! Every scenario is different and I’m here to look out for your best interest.

I look forward to hearing from you and providing you the answers for all your lender questions. My goal is to provide you the honesty, integrity, and professionalism you deserve.

Getting started is easy. We offer very competitive rates, have great service, and always close on time.

Best Mortgage companies in Chula Vista

Best Mortgage companies in Chula Vista


Andre Enriques
License # NMLS 220937
DRE # 01713544

Contact Us

Andre Enriques Mortgage Banker - VA Loan Expert, a dba of Anchor Funding Inc

Chula Vista Office
Phone: (619) 323-2066
Cell (619) 208-6499
891 Kuhn Drive, Suite #204
Chula Vista, CA 91914

San Diego Office
Phone: (619) 208-6499
6336 Greenwich Dr, Suite A
San Diego, CA 92122

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Equal Housing Lender

NOT ALL APPLICANTS QUALIFY. First Priority Home Loans is a DBA of Anchor Funding, Inc. is licensed by The
California Bureau of Real Estate #01276087. FHA Non-supervised lender #00257-0000-5
NMLS #1626581 & #236419
NMLS Consumer Access
Loans made or arranged pursuant to the California Department of Financial Protection and Innovation
California Finance Lenders Law license number 603 L293