Simple & Stress-Free Financing

It depends on the loan type. Some buyers qualify for as little as 3% down, while others choose to put down 10% or more. We’ll help you find a loan structure that fits your financial comfort zone.

There are several types—conventional, FHA, VA, and more—each with different requirements and benefits. Our preferred lender will walk you through your options and recommend what works best based on your credit, income, and goals.

Yes. Many retirees qualify based on Social Security, pension income, retirement savings, or even assets. We work with lenders who understand these unique situations and can structure loans accordingly.

A higher credit score often means lower interest rates and better loan terms. That said, there are options for buyers with a range of credit histories. We can help you understand where you stand and what’s possible.

Prequalification is a quick estimate based on basic info, while preapproval involves verifying your finances and gives you real buying power. We’ll guide you through both, starting with prequalification.

We provide a full breakdown—including principal, interest, property taxes, insurance, and any HOA dues so you know exactly what to expect every month.

Closing costs typically include lender fees, title services, and prepaid taxes or insurance. In many cases, some or all of these can be built into your loan. We’ll show you the options.

Most modern home loans have no prepayment penalties. That means if you choose to pay your mortgage off early, you can do so without added fees.

Timing the market is difficult. Buying now locks in today’s pricing, and if rates drop later, you may be able to refinance. Many buyers find it smarter to buy when the right home and timing align for their life rather than waiting on interest rates.

Yes! You can use proceeds from your current home’s sale or explore options like bridge loans or home equity lines to cover a down payment on your next home.

We’ll work with your lender to coordinate timing. Some buyers qualify to buy before selling, while others may benefit from creative financing solutions that give flexibility between transactions.

Rates fluctuate daily based on economic conditions. Locking a rate means securing a guaranteed interest rate for a set period during the loan process. Your lender will help you time it right.

Of course! Many loan programs offer lower down payments, discounted mortgage insurance, or closing cost assistance for first-time buyers. We’ll help you find and qualify for what’s available.

You’re welcome to use any lender you choose. However, our preferred partner is familiar with the Arise Homes process and offers a smoother experience for many of our buyers.

Changes in employment, credit, or income can affect loan approval. That’s why we stay in close communication throughout the process and why having a reliable lender in your corner is so important.