It’s time to Stop Renting and Start Owning!
Buying your first home is an exciting milestone, but we understand it can also feel overwhelming. At Southeast Mortgage, we’re here to guide you every step of the way. With affordable mortgage solutions, flexible loan options, and expert support, we make homeownership possible—so you can stop renting and start building equity in a place to call your own.
Why Buy Instead of Rent?
✅ Build Equity – Every mortgage payment brings you one step closer to owning your home.
✅ Predictable Monthly Payments – Say goodbye to rent increases and hello to stability.
✅ Tax Benefits – Potential deductions for mortgage interest and property taxes.
✅ A Place to Call Your Own – Personalize your space without landlord restrictions.
Feeling Uncertain About the Process?
You’re not alone! Many first-time buyers have questions about credit scores, down payments, and mortgage options. That’s why we take the time to explain everything clearly, answer your questions, and help you find the best loan for your situation. Our goal is to make the process as simple and stress-free as possible—so you can focus on finding the home that’s right for you. Simply Tap Begin the Process, provide us some basic information and we can help you every step along the way to owning your first home.
Advantages of Purchasing A Home
Frequently Asked Questions (FAQs)
The amount required for a down payment depends on the type of loan you choose. Many first-time homebuyers qualify for low or no down payment options:
- FHA Loans: As little as 3.5% down with a credit score of 580 or higher.
- Conventional Loans: Some programs allow as little as 3% down for qualified buyers.
- Down Payment Assistance: Various programs can help cover your upfront costs.
Your credit score plays a role in determining your loan eligibility and interest rate:
- FHA Loans: Typically require a 580+ credit score (or as low as 500 with a 10% down payment).
- Conventional Loans: Generally require a 620+ credit score, though higher scores qualify for better rates.
- Other Programs: Some state and local assistance programs may have more flexible credit requirements.
- FHA Loans – Ideal for those with lower credit scores or limited savings.
- Conventional Loans – Great for those with good credit and stable income.
- USDA Loans – No down payment required for homes in eligible rural areas.
- VA Loans – Available to eligible military service members and veterans with no down payment.
- Down Payment Assistance Programs – Grants and other programs that help with upfront costs
Yes! Many programs allow sellers or lenders to contribute toward closing costs. In some cases, you can also roll certain closing costs into your loan. Additionally, down payment assistance programs may help cover some of these expenses.
This is my 4th time using Southeast Mortgage’s services. Amazing personalized customer service and seamless process. Thank you to the Southeast team, nothing less than excellence.”
Kenji T.Client
The entire Southeast Mortgage team was absolutely phenomenal. They ensured we walked into closing fully prepared, resulting in a smooth encounter. I would most definitely recommend Southeast Mortgage to all my friends”
Eddy W.Purchased a Home
The team at Southeast Mortgage has been doing loans for my clients for several years. Their team is very professional and never lets us down. They always deliver outstanding customer service and competitive rates. I would highly recommend them to anyone who is looking for an experience team to get the job done!”
Team BlythewoodRealtor
Great team of professionals. Excellent service, every step of the loan process runs smoothly and everyone is willing to go the extra mile to assure closings are done in a timely manner. I will continue referring clients, family and friends to Southeast Mortgage.”
Raquel B.Builder