Yes! At Lendexa, we want to help you navigate this complicated process. If you're ready to get pre-approved to buy a home, we can help you understand how much you can afford.
It depends on the type of loan that's right for you, and the purchase price of the home. In most cases, you’ll want to have at least 3% of the home’s purchase price for a down payment, and between 2% and 5% of the purchase price for closing costs (even for no-down payment loans, such as VA loans).
Once you lock your rate, you can have peace of mind knowing that your rate won't be affected by what happens in the market.
Yes, simply fill out our short digital application and upload your purchase contract. We'll make sure to take into consideration any timeframes you may need to meet, and will expedite our process to make sure you close on time.
Unfortunately, Lendexa does not currently offer loans for mobile or manufactured homes.
Yes, we can help you get the perfect loan for your new condo.
Yes, we can help you get the perfect loan for your new condo.
In addition to the down payment, there are a variety of other costs you'll have to pay to purchase a home. For example, the appraisal fee, title insurance, and transfer taxes. Additionally, there are prepaid items such as an escrow deposit and prepaid interest which will be paid at closing. Lendexa will provide you with an estimate of all closing costs once you complete your online application.
You will need to pay these costs when your loan closes. The only fee that you will need to pay prior to closing is your appraisal fee, which we will collect before you lock your loan.
In order to get you the best possible loan, several third parties will be involved in getting you to the finish line. These might include an appraiser, a lawyer, and a title company, among others. You will be responsible for these fees if your loan closes. Simplist will not upcharge you or earn any compensation whatsoever related to third-party fees.
For a typical home purchase, you're responsible for paying the following third-party fees: appraisal fee, credit report, title insurance fees, recording fees, flood certification, real estate taxes, and settlement/escrow fees.
In most cases, the seller does not pay any third party fees. However, some states require the seller to pay certain fees, but this is on a case-by-case basis.