Welcome to Mortgage FAQs with Brian Beland, your go-to resource for all things mortgage-related.

Meet Brian Beland

Brian Beland is a mortgage expert with over 20 years of experience in the industry. He has helped thousands of clients navigate the complex world of mortgages, providing them with the information and guidance they need to make informed decisions.

Brian’s passion for educating others about mortgages stems from his own experience as a first-time homebuyer. He remembers the confusion and frustration he felt when trying to understand the intricacies of mortgages, and he doesn’t want anyone else to feel that way. That’s why he started Mortgage FAQs with Brian Beland – to provide clear, concise, and accurate information about mortgages.

About the Website

Mortgage FAQs with Brian Beland is your one-stop-shop for all your mortgage questions. Whether you’re a first-time homebuyer, looking to refinance, or simply wanting to learn more about how mortgages work, we have the answers you’re looking for.

Our website features a comprehensive list of frequently asked questions, all answered by Brian himself. We also have a blog section where Brian shares his insights and tips on a range of mortgage-related topics.

Don’t see the answer to your question? No problem! You can submit your own question and Brian will personally respond to you as soon as possible.

Thank you for visiting Mortgage FAQs with Brian Beland. We hope you find the information you’re looking for and feel more confident about your mortgage journey.

Q: Can I purchase a home with a 0% down payment if I am not a veteran?

A: Yes, we frequently assist clients in purchasing homes without a down payment. This is often achieved through a combination of seller credits, lender credits, and our down payment assistance programs, which have varying qualification requirements. As part of our prequalification process, we will explore all available options and present them to you.

Q: Is it too early to get prequalified if I am unsure about when I want to buy a home?

A: It is never too early to get prequalified. Our goal is to help you understand the price range of homes you can afford and fit into your monthly budget. In some cases, we may identify credit issues that are best addressed sooner rather than later. In short, getting prequalified is an essential step that you can take at any time.

Q: Can I qualify to buy a home if I don’t have a credit score?

A: Yes, the good news is that we offer several loan programs that allow you to purchase a home even without a credit score. As long as you can demonstrate a payment history for items such as auto insurance, a cell phone bill, or a utility bill, there is a good chance we can qualify you for a home loan.

Q: Can I buy a home if I don’t have a social security number and only have an ITIN number?

A: Yes, we have several loan programs that enable clients with only an ITIN number to purchase a home. Keep in mind that the down payment requirements might be higher than the minimum, but we are here to help you navigate the qualification process.

Q: What is the minimum credit score required to buy a home?

A: We have assisted clients with credit scores as low as 500 in purchasing homes. For example, with FHA loan programs, the down payment would increase from 3.5% to 10%. However, with other loan programs such as VA or Conventional, there is a possibility that the minimum down payment may not increase, depending on your overall credit score and profile.