A down payment is the part of the home price you pay upfront. It changes how much you borrow. It may also change your rate and mortgage insurance costs.
Before the keys, make a plan
Buy a home.
Start with a plan.
Picture your next home. Now picture a payment that fits your life. Let’s plan for both, before you shop.
Explore my purchase optionsAnswer a few questions to start. This website does not check your credit.
Brandon ColomboMortgage Loan Originator · NMLS #1470812West Capital Lending, Inc.
A comfortable payment comes first
How much home can I afford?
Start with a monthly payment that feels right for you. Count the loan payment, taxes, home insurance, and any mortgage insurance or HOA fees.
Leave room for lights, water, repairs, and savings, too. Taxes and insurance can go up. The loan you can get also depends on your income, debts, credit, savings, and home.
More than the down payment
How much money do I need upfront?
Plan for your down payment, fees to get the loan, and money to keep after you move. How much you need depends on the loan, home, and your plans.
You may pay loan fees, fees to finish the sale, and some taxes or insurance ahead of time. Ask to see these costs in writing.
Save room for the move, repairs, and a surprise bill. You do not have to spend every dollar you have on the purchase.
Match the loan to your situation
Which loan options should I compare?
Start with the loans you may be able to get. Then compare the payment, rate, fees, and cash you need. Brandon can help you sort through the choices.
| Loan path | What to discuss | What to compare |
|---|---|---|
| Conventional | Your credit, down payment, home, and loan rules | Mortgage insurance, monthly payment, and full cost |
| FHA | Whether you can get this government-insured loan | Mortgage insurance and full cost next to a conventional loan |
| VA | Your military service or other ways to qualify | Who can get the loan, fees, and full offer |
This is a guide, not a loan offer or a full list. Brandon will check his license and the loans he can offer in your state.
A fixed rate stays the same. Your loan and interest payment stay the same, but taxes and insurance can change. An adjustable rate can change. Check the full cost and years to pay it back.
Prepare before you make an offer
Should I get preapproved before shopping?
It can help. A lender checks your details and may give you a letter that shows what you could borrow. This can help you shop with a clearer budget.
Preapproval does not promise a final loan. A lender usually checks your credit and money details first. This website does not give preapproval or check your credit. The fit check just starts a chat.
Start the mortgage fit checkBefore your next step
A little planning.
A lot less guessing.
Do I need an exact home price to start?
No. A rough price range, monthly budget, savings, and move date can get us started. The exact loan takes more review.
Does a preapproval mean I should spend the full amount?
No. What you can borrow may be more than you want to spend. Leave room for your other bills, savings, and plans.
Should I upload documents through the fit check?
No. Do not send documents, Social Security numbers, or account numbers through this form. Brandon can explain the next steps when you are ready to apply.
Your next move, with more clarity