Jeff Wen Mortgage

FIRST TIME
HOMEBUYER
LENDERS

Know your forever home but need the other details? Let us help you make informed financial decisions

FIRST TIME HOMEBUYER LOANS

As mortgage specialists,
we’re all about providing support for first time home buyers.

We’re all about providing first time home buyers in both Vancouver and Camas, WA, with a simple and direct path to homeownership, no matter the budget. We understand that for first time home buyers, it’s not just about purchasing a house—it’s about creating a home. Whether you’re looking to settle in the vibrant city of Vancouver or the scenic, family-friendly community of Camas, we equip our clients with the tools they need to establish a space that truly fits their lifestyle. From navigating the local real estate market to exploring financing options, we ensure that every step is clear and manageable.

 

Vancouver offers the excitement of city living with easy access to the Portland metro area, while Camas provides a more tranquil, suburban setting with excellent schools and outdoor spaces. No matter where you’re looking, we’re here to help first time home buyers in both Vancouver and Camas find the perfect home. We believe that buying a home should be an exciting and empowering experience, and we’re committed to providing the knowledge, resources, and support you need to make confident decisions. Our goal is to help first time homebuyers not only purchase a property but to create a home where memories are made, and dreams come true.

FIRST TIME HOME- BUYER

YOU’VE DECIDED TO BUY A HOUSE—NOW WHAT?

Buying and owning a home can be an exciting and intimidating process for many first time home buyers. With so much conflicting information on the internet, it can be difficult to know exactly who to talk to, the steps to take to successfully buy a house, and the financial options available to you.

WHAT SETS US APART
FROM ALL?

UNPARALLED SERVICES

Our deep expertise and exceptional service set us apart as your trusted partner in the mortgage industry.

CLIENT EDUCATION

We prioritize your understanding, ensuring you feel informed and confident in every mortgage decision you make.

TAILORED ADVICE

Our team provides personalized guidance through the complexities of home loans, aligning our advice with your specific financial goals.

Homebuying Process

The Homebuying Process In 6 Steps

Get Pre-Approved for a Mortgage

Provide your lender with financial information like your income, assets, and debts. They will assess your creditworthiness and give you a pre-approval letter stating the loan amount you qualify for.

Make an Offer

Work with your real estate agent to determine a fair offer price based on comparable homes in the area. Your agent will submit the offer, which may include contingencies like home inspection and financing.

Find a Real Estate Agent

Ask for recommendations from friends and family, or search online reviews to find a reputable agent with experience in your desired area.

Start House Hunting

Make a list of must-haves and nice-to-haves in a home, and attend open houses or schedule private showings with your agent.

Get a Home Inspection and Appraisal

Hire a professional home inspector to assess the property’s condition. Your lender will arrange for an appraisal to determine the home’s market value.

Close the Deal

Review and sign all closing documents, which include the loan agreement and property deed. Pay any required closing costs and receive the keys to your new home.

Investor And
Self-Employed Loans

Outside-of the box thinking Investors and Self Employed Borrowers may not fit in the narrow box of regular Conventional or Government-backed loans.

Learn Which Loan You Qualify For You.

Types Of Loans

See Which Loan You Need

Conventional Loans​

These are not insured or guaranteed by the government. They typically require higher credit scores and are the most common

FHA Loans​

Insured by the Federal Housing Administration (FHA), these loans are designed for low-to-moderate-income borrowers and require a lower credit score

Jumbo Loans​

These are for home purchases that exceed the conforming loan limits set by the Federal Housing Finance Agency (FHFA). Jumbo

Interest-Only Loans​

For a specified period, borrowers only pay the interest on the loan, not the principal. After the interest-only period ends,

Bridge Loans​

Short-term loans provide financing for homebuyers who are purchasing a new home before selling their current one.

VA Loans​

VA Loans​ Guaranteed by the Department of Veterans Affairs (VA), these loans are available to eligible veterans, active-duty service members,

FAQs

What types of mortgage loans do you offer?

We offer a variety of mortgage loans, including fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans, jumbo loans, and more. Our experts can help you determine which type of loan best suits your financial situation and homeownership goals.

Our team will guide you through the pre-qualification process, which involves evaluating your income, credit score, and debt-to-income ratio. This will give you a clear understanding of how much you can afford to borrow and help you set a realistic budget for your home purchase.

To apply for a mortgage, you will typically need to provide proof of income (such as pay stubs and tax returns), bank statements, identification, and details of your employment history. Our team will provide you with a comprehensive checklist to ensure you have all the necessary documentation.

The mortgage approval process can vary depending on individual circumstances, but it typically takes between 15 t0 30 days from application to closing. Our team will keep you informed throughout the process and work diligently to ensure a smooth and timely approval.

Interest rates fluctuate based on market conditions. Our team can provide you with the most up-to-date information on current rates and help you lock in a rate when you are ready to proceed with your mortgage application. Locking in a rate secures your interest rate for a specified period, protecting you from potential rate increases.

HOME-BUYING PROCESS

Benefits like lowered down payments with competitive interest rates and no income restrictions.

Homebuyers don’t necessarily need to have enough saved up to make a down payment. This is because there are several assistance programs set up to help homebuyers cover the down payment and acquire their dream home.