Find your way home with Luminate lighting the path.

Ready to make your homeownership dreams a reality? We’re here to help you navigate the path to the right mortgage, from start to finish, with expertise, guidance, and a commitment to making the process smooth and clear.

>> Loan Options

We don’t want you to feel like you’re wandering in the dark when it comes to finding the right home loan for you. That’s why we have so many illuminated loan paths for you to go down!


Between loan options for first-time homebuyers or those looking to refinance, it’s our mission to elevate individuals like yourself and help you to unlock your full potential through finances.

> Conventional Loans

A conventional loan might be just what you’re looking for if you have a strong credit score and a down payment ready. This type of mortgage isn’t backed by any government agency, which can make qualifying a bit more challenging, but it also means you may have more flexibility with property choices, fees, and loan structures.


Here are a few ways a conventional loan could work in your favor:


  • Downpayment as little as 3% down
  • Avoid private mortgage insurance (PMI) when you put down 20% or more
  • Get rid of mortgage insurance once you reach 20% equity or pay down to 78% of your loan-to-value ratio
  • And more!

> FHA Loans

If you’re looking for a loan that’s easier to qualify for and don’t have a large down payment saved, an FHA loan might be right for you. Insured by the Federal Housing Administration, FHA loans are designed to support buyers with moderate incomes or less-than-perfect credit.


Thinking an FHA loan might be the perfect fit? Here’s why:


  • Only 3.5% down payment needed
  • Higher debt-to-income allowances, meaning you could afford a higher-priced home
  • Access to Down Payment Assistance Programs

> VA Loans

If you’re a U.S. veteran or the surviving spouse of a veteran, a VA loan could be an incredible option for you. Guaranteed by the U.S. Department of Veterans Affairs, VA loans are designed to offer long-term financing for eligible service members and their families.


Here’s how a VA loan could benefit you:


  • No down payment required
  • No monthly mortgage insurance
  • Waived VA Funding Fee if you have at least a 10% disability rating from the VA
  • Reduced closing costs

> USDA Loans

Living in a rural area and looking to buy a home with limited upfront costs? A USDA loan, part of the USDA Rural Development Guaranteed Housing Loan Program, might be a great fit. This option is designed for rural homebuyers who meet certain income limits.


Curious if a USDA loan could work for you? Consider these benefits:


  • 0% down payment
  • Lower mortgage insurance premiums
  • Competitive mortgage rates
  • And more!

> Jumbo Loans

Are you interested in buying a high-value property? A jumbo loan could be the solution, offering financing for homes that exceed the limits set by Fannie Mae and Freddie Mac. Since these loans cover more expensive properties, the qualification standards are more stringent.


Here’s why a jumbo loan might be the right choice for you:


  • Finance up to 90% of the property with as little as 10% down and no PMI
  • Fixed-rate options for 30, 20, and 15 years
  • Interest-only and adjustable-rate options
  • Acceptable projected income based on a signed job offer or contract if you start within 60 days of closing—ideal for relocation clients

> Reverse Mortgages

If you’re 62 or older and interested in accessing your home’s equity without monthly mortgage payments, a Reverse Mortgage (also known as a Home Equity Conversion Mortgage, or HECM) could be a perfect fit. This loan option, insured by the FHA, is a great way for eligible homeowners to use their home’s equity as a source of funds.


Here’s why a Reverse Mortgage might be ideal for you:


  • Access to a portion of your home’s equity in cash
  • No monthly mortgage payments as long as the home remains your primary residence and loan obligations are met
  • Flexible disbursement options: choose a lump sum, monthly payments, or a line of credit
  • And more!


>> Getting Pre-Approved

Getting pre-approved for a mortgage is an exciting first step in the home-buying journey! Not only does it show sellers that you’re a serious buyer, but it also gives you a clear idea of your budget and financial readiness. To help the pre-approval process go as smoothly and quickly as possible, gather the following essential documents:


  • W-2s from the past two years
  • 1040 Federal Tax Returns from the past two years (all pages)
  • Business tax returns and K-1s (for business owners only)
  • Your two most recent pay stubs
  • Statements for all assets from the last two months (including checking, savings, money market, retirement accounts, etc.)
  • A copy of your driver’s license or passport


Additionally, depending on your situation, we may need some extra documentation, such as:


  • Employment offer letter
  • School transcripts
  • Social Security or pension award letters
  • Divorce decree, if applicable
  • Bankruptcy papers or short sale documentation



Having these documents ready can save time and make the pre-approval process much simpler for everyone involved! If you have any questions about these requirements or if other documents may apply to your situation, feel free to reach out—we’re here to help every step of the way.

>> Mortgage Calculators

Have you ever been curious about what your monthly mortgage payment might be on a future home? Check out our great mortgage calculator tool to help start the conversation about homeownership!

Mortgage Payment Calculator

Estimate your monthly mortgage payment.

Monthly Principal & Interest $0
Principal & Interest $0
Total Interest Paid $0

Home Affordability Calculator

Estimate the maximum home price your monthly budget supports.

Your New Home Can Cost Up To $0
Loan Amount $0
Down Payment $0
Monthly Principal & Interest $0

Qualifying Loan Amount Calculator

Estimate how much you may be able to borrow based on your income and debts.

Monthly Income

Monthly Debt Payments

Loan Information

Your Loan Can Range Between $0 – $0
Based on housing-cost ratios of 28% (conservative) to 36% (aggressive) of gross monthly income, capped by total-debt ratios of 36% / 45%

Rent vs. Buy Calculator

Compare the long-term cost of renting with the cost of owning a home.

Comparable Rent

Home Purchase

New Loan Info

Assumptions

After 5 Years, Buying Could Save You $0
Rent & Tax Savings $0
Estimated Gain From Sale of Home $0

Refinance Calculator

See how refinancing could lower your monthly payment and/or provide cash out.

Current Loan Info

New Loan Info

Accounts To Be Paid Off

With This Plan You Could Save $0 /mo
Cash Received at Closing $0
New Monthly P&I Payment $0
Old Total Monthly Obligations $0

15 vs 30 Year Mortgage Calculator

Compare monthly payments and long-term interest between a shorter and longer loan term.

Home Info

Short Term Loan

Long Term Loan

Short Term Monthly $0
Long Term Monthly $0
Monthly Payment Difference $0
Interest Saved With Short Term (over 7 yrs) $0
Interest Saved Over Life of Loan $0

Mortgage Buydown Calculator

See how a temporary 3-2-1 buydown lowers your payments during the first three years of the loan.

Total Buydown Fee $0
Year 1 Payment (rate −3%) $0
Year 2 Payment (rate −2%) $0
Year 3 Payment (rate −1%) $0
Year 4+ Payment (full rate) $0
Paid by Third Party $0
Paid by You $0

Bi-Weekly Payment Calculator

Pay half your monthly payment every two weeks to pay off your loan sooner and save on interest.

Bi-Weekly Payment $0
Interest Saved $0
Loan Paid Off In 0 yrs
Extra Toward Principal Each Year $0

*Results are estimates for informational purposes only, are not guaranteed to be accurate, and do not constitute a loan offer, preapproval, or financial advice. Consult a licensed loan professional for exact figures.

*This calculator is for informational purposes only and may not be accurate. This is not a loan pre-qualification or pre-approval nor a commitment to lend. Additional fees such as HOA dues or Condo assessments are not included in the calculation.  All information such as interest rates, taxes, insurance, PMI payments, etc. are estimates and should be used for comparison only.  Contact a financial professional for full details. 

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