Frequently AskedQuestions

Getting started is easy! Visit our Loan Options page to find the right mortgage solution. You can also reach out to our team at (877) 885-0111 and we will assist you in understanding your options.

Equitable Lending specializes in various loan types, including Mortgage Purchase Loans, Refinance Loans, Reverse Mortgages, and more. We cater to First Time Home Owners, Investors, and those looking for Non-QM Loans.

Yes, we offer access to FHA and VA Loans which come with unique benefits. You can reach out to us for assistance in understanding the options available to you.

Our loan application process is straightforward. After contacting us, we schedule a consultation to review your financial situation, gather necessary documentation and guide you through the application steps.

You can check the status of your mortgage application by contacting us directly at (877) 885-0111 or by emailing Support@EquitableUSA.com. Our team is always ready to assist you.

If you have any concerns regarding your loan, you can reach out to our customer service team either through our Contact Us page or by calling us so we can resolve any issues promptly.

Absolutely! You can refinance your mortgage whenever you choose. Our team can assist you in understanding the process, benefits, and potential savings associated with refinancing.

While mortgages do not come with conventional warranties, we pride ourselves on providing transparent communication and committed support throughout the mortgage process. Our goal is to ensure your complete satisfaction.

Credit score requirements vary by loan type. Conventional loans typically require a minimum 620 credit score, while FHA loans can accept scores as low as 580 with a 3.5% down payment. We work with borrowers across various credit ranges to find suitable options.

Down payment requirements depend on the loan program. FHA loans require as little as 3.5% down, VA loans offer 0% down for qualified veterans, and conventional loans can start at 3% for first-time buyers. We'll help you determine the best option for your situation.

You'll typically need recent pay stubs, tax returns for the past 2 years, bank statements, employment verification, and asset documentation. We'll provide you with a complete checklist during your consultation to ensure a smooth application process.

The typical mortgage approval process takes 30-45 days from application to closing. Pre-approval can be completed within 24-48 hours with complete documentation. We work efficiently to ensure timely processing while maintaining thorough review standards.

Closing costs typically range from 2-5% of the loan amount and include appraisal fees, title insurance, attorney fees, and lender charges. We provide a detailed Loan Estimate within three business days of your application, so you'll know all costs upfront.

Yes! We offer several first-time buyer programs including FHA loans with low down payments, USDA rural development loans, and state-specific first-time buyer programs. Our team will help identify which programs you qualify for and maximize your benefits.

Absolutely! Getting pre-approved is highly recommended as it shows sellers you're a serious buyer and helps you understand your budget. Pre-approval gives you a competitive edge in today's market and streamlines the buying process once you find your home.

Most loan programs prefer a debt-to-income ratio of 43% or lower, though some programs allow up to 50% with compensating factors. We calculate your DTI by dividing your total monthly debt payments by your gross monthly income and help optimize your financial profile.

Yes, we offer financing for investment properties including single-family homes, condos, and multi-unit properties. Investment property loans typically require higher down payments (20-25%) and have different qualification criteria than primary residence loans.