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First Time Homebuyer
Buying your first home can be scary. Working with the right lender can make it easier
than you think.
First Time Homebuyer
Buying your first home can be scary. Working with the right lender
can make it easier than you think.
Watch and Learn
Buying a new home?
Find out how easy it is to qualify for y
our mortgage today!
Read & Watch
Your one-stop shop for all of your mortgage-related needs and resources. Learn all the ins and outs of managing your mortgage, leveraging your equity, and landing your dream home.
Read & Watch
Your one-stop shop for all of your mortgage-related needs and resources. Learn all the ins and outs of managing your mortgage, leveraging your equity, and landing your dream home.
+Quote
Shopping for real estate agents and lenders is like shopping for Groceries... local is better.
+Quote
Racking up your credit card before applying for a mortgage is the worst and most common mistake first-time home buyers make.
+Quote
Shopping for real estate agents and lenders is like shopping for Groceries...
local is better.
+Quote
Racking up your credit card before applying for a mortgage is the worst and most common mistake first-time home buyers make.
Learn More
*Animated Video
The Biggest Mistake First
Time Homebuyers Are
Making In 2023
*Animated Video
The Quickest Way To
Choose Your First Realtor
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Take The Headache Out Of Buying Your First Home By Doing This...
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Take The Headache Out Of Buying Your First Home By Doing This...
Find the right home for your budget!
The answers to all your
mortgage questions...
Committed to giving you all the support and guidance you
need to find the right mortgage options for you and your
family.
Do I need to save for a 20% down payment?
No! With FHA loans you can get approved for as little as 3.5% down, VA and USDA loans can offer you $0-down options, and with Private Mortgage Insurance (PMI) you can get into your new home with less than a 20% down payment. Whatever your situation, you have options.
Are Pre-Qualification and Pre-Approval the same thing?
No. Pre-qualification and pre-approval are two different things. Pre-qualification means that a mortgage lender has reviewed your financial records and believes you will qualify for a loan. A pre-approval is a conditional committment from a lender that they will lend you the money for a mortgage.
What's the difference between an adjustable and a fixed rate mortgage?
A fixed rate mortgage means that the interest rate is set when you take out the loan and will not change. With an adjustable rate mortgage, the interest rate may go up or down after a certain amount of time. Many adjustable rate mortgages will start at a lower interest rate than fixed rate mortgages.
What is Private Mortgage Insurance (PMI)?
Private Mortgage Insurance (PMI) is a type of insurance you may be required to pay if you are taking out a conventional mortgage with a downpayment that is less than 20% of the home's overall value. If you refinance your home with a conventional loan and your equity is less than 20% of the home's value, you may also be required to pay PMI. Private Mortgage Insurance protects the lender in the event that you stop making payments on your loan.
Can I access my home equity before I finish paying off my loan?
Yes! Your mortgage advisor can help you find the right refinance and reverse mortgage options to help you access your home equity before you've finished paying off your loan. This can help with covering the cost of remodels, college tuition, long-term care plans, and more! Talk to your mortgage advisor to find out how you can access your home equity to cover any of your life's needs.
What do I do if I can't afford my mortgage payment anymore?
The first thing you should do in the event that you can't afford your mortgage payements anymore is reach out to your lender. An experienced mortgage advisor can help you find options, such as refinancing or restructuring your loan, to help you keep up with your payments. Always reach out to your lender to ensure that you can keep up with your payments and stay in your home.
The answers to all your
mortgage questions...
Committed to giving you all the support and guidance you
need to find the right mortgage options for you and your
family.
Do I need to save for a 20% down payment?
No! With FHA loans you can get approved for as little as 3.5% down, VA and USDA loans can offer you $0-down options, and with Private Mortgage Insurance (PMI) you can get into your new home with less than a 20% down payment. Whatever your situation, you have options.
Are Pre-Qualification and Pre-Approval the same thing?
No. Pre-qualification and pre-approval are two different things. Pre-qualification means that a mortgage lender has reviewed your financial records and believes you will qualify for a loan. A pre-approval is a conditional committment from a lender that they will lend you the money for a mortgage.
What's the difference between an adjustable and a fixed rate mortgage?
A fixed rate mortgage means that the interest rate is set when you take out the loan and will not change. With an adjustable rate mortgage, the interest rate may go up or down after a certain amount of time. Many adjustable rate mortgages will start at a lower interest rate than fixed rate mortgages.
What is Private Mortgage Insurance (PMI)?
Private Mortgage Insurance (PMI) is a type of insurance you may be required to pay if you are taking out a conventional mortgage with a downpayment that is less than 20% of the home's overall value. If you refinance your home with a conventional loan and your equity is less than 20% of the home's value, you may also be required to pay PMI. Private Mortgage Insurance protects the lender in the event that you stop making payments on your loan.
Can I access my home equity before I finish paying off my loan?
Yes! Your mortgage advisor can help you find the right refinance and reverse mortgage options to help you access your home equity before you've finished paying off your loan. This can help with covering the cost of remodels, college tuition, long-term care plans, and more! Talk to your mortgage advisor to find out how you can access your home equity to cover any of your life's needs.
What do I do if I can't afford my mortgage payment anymore?
The first thing you should do in the event that you can't afford your mortgage payements anymore is reach out to your lender. An experienced mortgage advisor can help you find options, such as refinancing or restructuring your loan, to help you keep up with your payments. Always reach out to your lender to ensure that you can keep up with your payments and stay in your home.
Ready To Start Your
Homeownership
Journey?
Starting your road to homeownership is literally a click away. Start today!
Eric & Diane Martineau
Branch Managers
Schedule Consultation
NMLS#
Eric 11998726
Diane 1628522
This licensee is performing acts for which a real estate license is required. Nexa Mortgage is licensed by the California Bureau of Real Estate, Broker #01821025; NMLS #135622. Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and all conditions must be met by borrower. Loan is only approved when lender has issued approval in writing and is subject to the Lender conditions. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. Nexa Mortgage is an Equal Opportunity Mortgage Broker/Lender. As a broker, Nexa Mortgage is NOT individually approved by the FHA or HUD, but Nexa Mortgage is allowed to originate FHA loans based on their relationships with FHA approved lenders.
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Ready To Start Your
Homeownership
Journey?
Starting your road to homeownership is literally a click away. Start today!
Eric & Diane Martineau
Branch Managers
Schedule Consultation
NMLS#
Eric 11998726
Diane 1628522
This licensee is performing acts for which a real estate license is required. Nexa Mortgage is licensed by the California Bureau of Real Estate, Broker #01821025; NMLS #135622. Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and all conditions must be met by borrower. Loan is only approved when lender has issued approval in writing and is subject to the Lender conditions. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. Nexa Mortgage is an Equal Opportunity Mortgage Broker/Lender. As a broker, Nexa Mortgage is NOT individually approved by the FHA or HUD, but Nexa Mortgage is allowed to originate FHA loans based on their relationships with FHA approved lenders.