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Move-Up Home Buyer

Homeownership Journey by Life Stage

Find the right home for every stage of life. Our specialized solutions and professional advice assist you at every stage, whether you're a first-time home buyer or an experienced investor.

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Key Benefits of Being a Move-Up Homebuyer

Time to Expand or Upgrade  

When it's time to move up or upgrade your home, it's crucial to balance selling your current property with finding your new dream space. Our experts assist with financing strategies and market insights so you can move confidently and smoothly.

Key Concerns:

  • Coordinating Selling and Buying Timelines  
  • Managing Equity and Down Payment  
  • Market Analysis and Timing  
  • Negotiating with Multiple Offers 

Click & Learn

First-Time Homebuyer
Interest Rates
Hard To Qualify For
Buying A Modest Home
Super High Loan Minimum

First-Time Homebuyer

Risk Factor

You cannot get a jumbo loan as a first-time homebuyer.

Solution

But this is not the case. Even if you are buying your first home, you can apply for a jumbo loan. And you may be successful depending on your credentials.

Interest Rates

Risk Factor

You will pay a higher interest rate on a jumbo loan.

Solution

DSCR loan interest rates are comparable to conforming loans.

Hard To Qualify For

Risk Factor

Jumbo loans are hard to qualify for.

Solution

Jumbo loans are a bit more difficult to qualify for but not by very much as a credit score of 720 is fairly easy to achieve.

Buying A Modest Home

Risk Factor

You do not need a jumbo loan if you are not buying a mansion.

Solution

It is not uncommon for regular homes to require more financing to buy than you can obtain through the use of a conforming mortgage.

Super High Loan Minimum

Risk Factor

Jumbo loans require a super high loan minimum.

Solution

Jumbo loans don’t start at $1 million dollars. Instead, the minimum amount for a jumbo loan is anything above the conforming loan limit of $647,200.

Design Home Loans

I bring a customized, unique approach to mortgages. My lending solutions use the perfect hybrid of human-driven insights and technical prowess to process loans faster and significantly reduce costs.

PHONE

949-307-2082

E-MAIL

patty@designhomeloansinc.com

ADDRESS

704 Trailblaze
Irvine, CA 92618

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Disclosure:
The content provided within this website is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Mortgage loans may be arranged through third party providers.
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