When you’re getting ready to buy a house, deciding which home purchase loans are appropriate for you is an essential first step. Attorneys Funding Group aims to make your home buying process as easy and stress-free as possible by providing a range of purchase loan products to suit your needs.


We set ourselves apart from other mortgage lenders by offering excellent customer service, cutting-edge technology, and a diverse range of home purchase financing options. Attorneys Funding Group offers the advice and support you need to find the perfect loan to suit your specific requirements, whether you’re buying your first house, a second home, or expanding your investment portfolio via real estate.


Why Should I Choose Attorneys Funding Group?


We service our originated loans – While other lenders may be eager to sell your loan as soon as you cross the dotted line, Attorneys Funding Group is committed to being a lender you can rely on long after the closing date has passed. We will service your loan if you originate it with Attorneys Funding Group since we value your faith and commitment to work with us.


There are no high-priced retail locations — With some of the lowest, most affordable rates and fees currently available, we strive to pass on the savings to our customers. Our main emphasis is on purchase loans, not upselling, and providing things you don’t need.


We’re dedicated to being your homeownership partner — Being a client of Attorneys Funding Group means having a partner that is always searching for ways to save you money and help you achieve your dream of homeownership.


Benefits of a Purchase Money Loan


When you choose a purchase money loan over a traditional mortgage, you may reap three major benefits.


  1. A purchase money mortgage is a viable alternative if you cannot get a standard loan from a bank. You don’t have to lose out on the advantages of owning because you don’t have good credit.


  1. There is a lot less red tape. However, remember that you must meet certain requirements regarding interest rate, loan conditions, and downpayment. Purchase money loans do not have the same criteria as other types of loans. As a result, you may have more options when it comes to getting the financing you need.


  1. There is no lending institution engaged in an owner-financed scenario. On many of these loans, you have eliminated the middleman. You won’t have to pay any extra fees, and you’ll save money on closing expenses.


Frequently Asked Questions


How many kinds of home purchase loans are there?


There are three main kinds of house purchase loans in the mortgage industry: conventional, government, and jumbo. In addition, there are various other home-buying schemes available, but they all fit into one of these groups.


In many instances, you’ll have the option of choosing between fixed and adjustable interest rate home purchase loans. Fixed rates are excellent for individuals who intend to stay in their house for at least ten years and want complete payment security. Adjustable rates are ideal for borrowers who often travel for employment or who have a growing family and only intend to stay in their current house for a few years. They desire initial payment stability with a lower rate and are willing to tolerate subsequent changes, or they want to sell before the rate increases.


When should I start considering the homebuying process?


When it comes to buying a house, the sooner you meet with a mortgage expert, the more likely you are to be successful when it comes time to make an offer. A decent benchmark is six to twelve months before you intend to buy a house. By having a handle on your finances early on, you’ll have more time to save for a down payment, raise your credit score, lower your debt-to-income ratio, and/or establish stability in your income history, all of which will help you obtain the best house purchase loan available.


Will I be denied a loan if I have a bad credit history?


Certainly not. When you apply for a house loan, your credit score is just one of the variables taken into account. We also look at your work history, earnings, debt, and cash reserves. There are also various types of loan products with varied credit history criteria.


How long does it take to get a purchase loan?


Because every home loan scenario is unique, it’s impossible to predict how long your house mortgage application will take. The type of loan, the particular term you’re seeking, the amount of necessary paperwork, and the time it takes to submit those papers to your lender are all variables that influence the timetable. Attorneys Funding Group ensures that you are never alone throughout the procedure. Every step of the way, our loan officers and processing experts will work with you to ensure that your application is completed as quickly as possible.