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LGBTQ+ Mortgages

Navigating the world of home loans can be overwhelming, but at GayMortgage.com, we are here to light the way and ensure you find the perfect loan that suits your needs. We believe in illuminating a multitude of loan paths specifically tailored for you.


Whether you're a first-time homebuyer or facing challenges with your credit history, our mission is to empower individuals like yourself and help you unlock your full potential through financial solutions. We understand that your journey is unique, and we are committed to elevating your homeownership aspirations.


With our expertise and extensive range of loan options, we are dedicated to guiding you towards the path that best suits your situation. We offer loan programs designed for first-time buyers, providing support and education to help you navigate the process with confidence. Additionally, if you're facing credit challenges, our specialized loan options can help you overcome those obstacles and make your dreams of homeownership a reality.

How the Mortgage Process Works

1. Apply Now

Apply at www.GayMortgage.com.

2. Submit Documents

Once application is received, we will be in touch with a list of documents needed to complete your pre-approval

3. Consultation

Set up a time to consult with one of our team members to discuss mortgage options.

4. Get Shopping

Shop for your new home and get an accepted offer! 

5. Processing Loan

Your loan file moves into processing. 

6. Follow Up with Team

The loan processor will be in touch if there are any additional items needed.

7. Final Approval

File is approved, cleared to close and final numbers are received. 

8. Get Your Keys

Closing day! Congratulations!

Preparing for the Loan Process

  • W2s from the last two years
  • 1040 Federal Tax Returns from the last two years (all pages)
  • If you are a business owner, you will need business tax returns and K1s
  • 2 most recent paystubs
  • 2 months of recent statements for all assets (checking, savings, money market, retirement, etc.)
  • Driver’s license or passport
  • Other documentation may include: offer letter for employment, school transcripts, social security or pension award letters, divorce decree, bankruptcy papers, short sale documentation.

Conventional Loans

A conventional loan is a mortgage that is not guaranteed or insured by any government agency, making it a little bit challenging to qualify for. But because this loan isn’t backed by the government, it often tends to be more flexible as far as properties you can choose from, fees, and loan structures available.


If you have a good credit score and the cash to put down, here are some of the benefits from a conventional home loan:


  • As little as 3% down payment
  • No private mortgage insurance (PMI) is required with 20% or more down
  • Mortgage insurance can be removed after reaching 20% equity or paying down to 78% loan to value
  • And more!

FHA Loans

An FHA loan is a mortgage issued by federally qualified lenders and insured by the Federal Housing Administration (FHA). FHA loans are designed for low-to-moderate income borrowers who are unable to make a large down payment or have a less than ideal credit score. As a result, this loan option is much easier to qualify for.


If you’re thinking that this loan option may be right for you, check out a few of the benefits as well:


  • As little as 3.5% down payment
  • Credit scores as low as 580
  • Allows higher debt to income percentage, which allows for a higher purchase price
  • Down Payment Assistance Programs available

Find a Home You Can Be Proud Of

VA Loans

A VA loan is a mortgage loan in the United States that is guaranteed by the U.S. Department of Veterans Affairs. The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry).

 

This is a great loan option for veterans for many reasons, but here are just a few:

 

  • A 0% down payment
  • No monthly mortgage insurance
  • Veterans that are considered at least 10% disabled by the Veterans Administration are exempt from VA Funding Fee
  • Discounted closing fees

Jumbo Loans

A jumbo loan is a mortgage loan that's used for properties that go above the federal mortgage limits set by Fannie Mae & Freddie Mac. These loans are designed to finance properties that are much more expensive than the average home, so the criteria to qualify for them are much more strict as well.


Here are a few benefits of our jumbo loan program:

  • 90% loans with as little as 10% down with no PMI
  • 30, 20, and 15-year fixed programs
  • Interest-only and ARM programs
  • Projected income with signed job offer/contract acceptable if starting within 60 days of closing (great for relocation clients)
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