Purchase & preapproval

Find the purchase path that fits your situation — not the other way around.

First-time buyer, move-up buyer, self-employed, or investor: let’s look at the programs that may fit, what they typically require, and what the numbers could look like.

Start My Inquiry Call Alexandro

About a minute. No credit check. No obligation.

Before you make offers, it helps to know:

A realistic price range
Which programs may fit your situation
Down payment and cash-to-close expectations
What documentation to have ready
A preapproval strategy before you make offers

Purchase options

Programs worth comparing

Each has different requirements and trade-offs, and not every borrower qualifies for every program. The right fit depends on you, the property and lender guidelines.

Conventional loans

A common choice for many buyers. Down payment options vary, and mortgage insurance may apply with less than 20% down.

FHA loans

Insured by the Federal Housing Administration and often used for primary residences, including by buyers who want a smaller down payment. Mortgage insurance applies.

VA loans (where applicable)

For eligible service members, veterans, and some surviving spouses buying a primary residence. The VA determines eligibility; lender requirements also apply.

Down payment assistance

Where available, some programs may help with down payment or closing costs. Availability, eligibility, and terms vary by location and program.

First-time buyers

Alexandro walks first-time buyers through the process step by step — from what to expect at preapproval to what happens between contract and closing.

Self-employed buyers

If your tax returns don’t reflect what you actually earn, some lenders offer bank-statement or 1099-based programs worth reviewing.

Learn more

Investors

Buying a rental or 2–4 unit property? Investor financing, including DSCR loans, works differently from primary-home financing.

Learn more

Program availability and requirements vary by lender, property, and location, and are subject to change. All loans are subject to credit approval and underwriting. Not all applicants will qualify.

Run the numbers

Test a monthly payment

Enter your own price, down payment and interest rate to see an illustration. It isn’t a rate quote or loan estimate — rates depend on your situation, the lender and market conditions, and taxes, insurance and other costs may affect the actual payment.

Payment illustration

Enter your own price, down payment and interest rate to see an illustration. Nothing is saved or sent.

Home price

Down payment

Interest rate to test

Loan term

Monthly taxes & insurance (optional)

Enter a home price and an interest rate you’d like to test to see an illustrative monthly principal & interest payment.

This calculator doesn’t show current rates. Actual rates depend on your situation, the lender and market conditions — Alexandro can review real options with you. Taxes, insurance and other costs may also affect the actual payment.

For illustration only. This is not a rate quote, loan estimate, or promise of terms. Results depend entirely on the numbers you enter. Actual rates, payments, and eligibility depend on your situation, the lender, and market conditions.

How Alexandro helps buyers

Real estate experience on your side of the financing.

With 15+ years in real estate as a broker and investor, Alexandro understands how financing affects offers, timelines, and negotiations — and can help you plan for them.

Compare programs earlySo your offer strategy and budget are built on a realistic foundation.
Know what to prepareFewer surprises once you’re under contract.
Plan around your timelineShare your target date and Alexandro will plan backward from it.

Loan programs, terms, availability, and eligibility vary by state, lender, property, and borrower profile. Not every program is available in every state. Licensing information.

FAQ

Home-buying questions

Straight answers in plain English. For anything specific to you, Alexandro can walk through it.

How much house can I afford?

It depends on your income, monthly debts, down payment, credit, the property’s taxes and insurance, and the loan program. The quickest way to a realistic number is to share a few details and let Alexandro review them — then get a proper preapproval from a lender if you move forward.

Do I need 20% down?

Not necessarily. Some programs allow smaller down payments, and down payment assistance may be available in some areas. Putting less down usually means mortgage insurance and a larger loan, so it’s worth comparing the trade-offs.

What’s the difference between pre-qualification and pre-approval?

A prequalification is an early estimate based on what you share. A preapproval generally involves a lender reviewing documentation and credit. Sellers typically take preapprovals more seriously. This website does neither — it helps you prepare for that conversation.

Can I buy a home if I’m self-employed?

Many self-employed buyers do. Some use traditional tax-return documentation; others explore programs that review bank statements or 1099s. Which path may fit depends on your details and lender guidelines.

Other ways Alexandro can help

Ready to see what may fit?

Send a short inquiry with your timing — about a minute, no credit check. Alexandro will follow up about preapproval and the programs that may fit.

Start My Inquiry Call Alexandro