Frequently Asked Questions

How does a Mortgage Loan Originator help protect my interests?

A Mortgage Loan Originator acts as your guide throughout the loan process. I help you understand your options, explain terms in plain language, and walk you through each decision so you know how it may impact your financial goals. By working with multiple lenders, I can help compare programs and ensure you have clear, transparent information every step of the way- so you can move forward with confidence.

What’s the difference between pre-qualification and pre-approval?

Pre-qualification is an initial estimate based on basic financial information you share. Pre-approval goes a step further and involves reviewing income, assets, credit, and documentation, and usually includes a credit check. A pre-approval can make your offer stronger, especially in competitive markets like Los Angeles.

Will I need to provide my Social Security number?

Not at first. A Social Security number isn’t required for an initial conversation or pre-qualification. It’s typically needed later, when you’re ready for a formal pre-approval and a credit report needs to be pulled.

How much down payment do I need?

Down payment requirements vary depending on the loan program, property type, and your overall financial profile. Some programs allow lower down payments, while others may require more. I’ll help you understand what options are available based on your specific situation.

Do you work with self-employed borrowers?

Yes. I work with self-employed individuals and business owners regularly. If traditional income documentation doesn’t reflect your full financial picture, there may be alternative or Non-QM loan options available to explore.

Does working with you cost me anything?

In most cases, mortgage compensation is paid by the lender, not directly by you. Any applicable fees will always be clearly disclosed upfront, so there are no surprises along the way.

What is a rate lock and when should I lock my rate?

A rate lock secures your interest rate for a specific period once certain conditions are met, helping protect you from market changes. We’ll talk through timing together so you can decide when locking makes the most sense based on your loan and closing timeline.

Do I need perfect credit to get approved?

Not at all. Many loan programs are designed for borrowers with a wide range of credit profiles. While stronger credit can offer more options, there may still be solutions available even if your credit isn’t perfect.

What documents will I need to get started?

Initial documents typically include income information, bank statements, and identification. The exact requirements depend on the loan program, and I’ll guide you through what’s needed based on your situation.

Is my information kept confidential?

Absolutely. All personal and financial information is handled securely and used only for the purpose of evaluating loan options and completing the mortgage process.