Smarter Home Financing Starts Here - Low Down Payment Options from 1%
Explore Mortgage Solutions for Every Goal
Purchase, Refinance, VA, Home Equity, Jumbo & More
Is Renting Still the Right Move? Let’s Compare.
Many people think renting offers more flexibility or less risk—but over time, renting can cost you far more than you realize. If you're wondering whether it’s finally time to buy your own home, this side-by-side comparison breaks down the real financial differences between renting and owning.
Do You Know That Your Down Payment to Buy a Home Can Be as Low as 1%. Find Out with Us -
Apply For a Mortgage Loan - Instantly Access Tools & Guidance (No Credit Card Needed)
This form takes only 1–2 minutes to complete. There’s no cost and no impact to your credit.
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Before You Start House Hunting — Know Where You Stand
Buying a home is a major step. But before realtors or sellers take you seriously, you need one critical thing: a mortgage pre-approval letter. At SBAIP, we help you find out what you qualify for - quickly and without affecting your credit score.
Start your journey with confidence — and expert guidance.
Already own your home?
Leverage your home’s equity to 'Unlock a second property that pays for itself' and 'start generating passive income'.
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Real People, Real Support
🗣️ “We didn’t think we’d get approved after some credit report issues, but SBAIP stepped in and guided us through every step. Not only did they help fix the problem — they also made sure the money we’d already put in escrow was protected when our closing had to be postponed. We’re now proud homeowners thanks to their support!”
— Lougens D. & Rose L.
Lake Worth, FL • Approved for $315,250
🗣️ “As first-time homebuyers, we were completely lost and under pressure to find a place quickly. SBAIP walked us through everything — from understanding our options to getting pre-approved fast. They didn’t just help us buy a home, they gave us confidence and clarity when we needed it most.”
— Joel & Tricide S. with Franstride F.
Boynton Beach, FL • Approved for $551,000
Apply For a Mortgage Loan - Instantly Access Tools & Guidance (No Credit Card Needed)
This form takes only 1–2 minutes to complete. There’s no cost and no impact to your credit.
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What's in your budget
Self Estimate your monthly Mortgage Payment
Using our Calculator
Why Pre-Approval Matters
Pre-approval isn’t just a nice-to-have — it’s essential. It tells sellers you’re a serious buyer and gives you a clear understanding of your budget. At SBAIP, we make it easy to get started.
No pressure. No credit impact. Just clarity.
Why get pre‑qualified?
1- Know what's in your budget
Shop with confidence knowing that you pre-qualify for a home loan.
2- Reach your financing goals
Get connected with certified loan officers at SBAIP Home Loans lenders to answer your questions.
What Happens Next?
Once you complete your Mortgage Pre-Qualification Form, we’ll:
- Review your financial info securely
- Match you with a licensed mortgage advisor
- Help you get a Pre-Approval Letter — often within 24–48 hours
Guide you every step of the way to your new home
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How Do Lenders Evaluate You
Your mortgage eligibility is based on five main factors. Here's what most lenders review:
- Credit History – Are your scores healthy enough?
- Employment & Income – Are your earnings stable and verifiable?
- Debt-to-Income Ratio – Can you afford the payments?
- Loan-to-Value Ratio – How much are you putting down?
- Available Funds – Do you have enough to close?
Don't worry if you're unsure — we'll walk you through it.
Why SBAIP?
When you choose SBAIP, you’re choosing:
- Nationwide lender access
- Pre-approval without affecting credit
- Free 1-on-1 advisor support
- Private & secure process
- Help you improve your credit if needed
We’re not here to sell something to you. We’re here to guide you.
Refinance
What's the difference between a HELOC and a HELOAN?
A Home Equity Line of Credit (HELOC) is a flexible, secured loan tied to the prime rate, where borrowers can access funds up to a limit, borrowing and repaying as needed, and only paying interest on the amount used. It can have either a fixed or adjustable rate.
A Home Equity Loan (HELOAN) provides a lump-sum, fixed-rate loan that is fully amortized, with borrowers paying interest on the entire loan amount from the start.
Both HELOCs and HELOANs generally offer lower interest rates compared to other forms of credit.
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Cash Out
A cash-out refinance allows you to tap into your home's equity to consolidate high-interest debt into a new mortgage. This can lower monthly payments and potentially avoid upfront costs by including refinancing cost in the loan. It helps pay off debts like credit cards or student loans, which may improve your credit score. If you're staying in your home, you can use the funds for value-adding renovations. Additionally, it can improve cash flow, providing more flexibility in your budget and opportunities for investment or other financial goals.
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Home Equity Loan
A home equity loan allows you to borrow against the value of your home, converting a portion of your home equity into cash. Home equity is the difference between your home's current value and your mortgage balance. These loans can be used for various purposes, such as covering unexpected expenses, financing home renovations, consolidating debt, starting a business, buying a second home, or paying for college.
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Conventional
A conventional loan (the most common type) is a mortgage from private lenders, not backed by the government. It can be conforming (meets Fannie Mae and Freddie Mac guidelines) and nonconforming loans.
Key features:
Credit Score: Conforming loans may be available with a score as low as 620.
Down Payment: Starts at 3%, with PMI required if under 20%.
Amounts: Conforming loans have limits; larger loans are jumbo.
Loan Terms: Typically, 30 years, options 15- 20- year.
Interest Rates: Fixed or adjustable, lower rates for higher credit.
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FHA
FHA loans are government-backed mortgages designed for borrowers with less strict financial qualifications. They require mortgage insurance for the life of the loan, unless a 10% down payment is made, in which case it can be canceled after 11 years. Loan amounts vary by location.
Down Payment: FHA - 3.5%.
Credit: FHA accepts lower credit scores.
Interest: FHA have higher rates than conventional.
Closing Costs: FHA loans allow some costs to be financed, while conventional loans require full upfront payment.
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VA
VA loans are available to military service members, veterans, National Guard and reserve members, and their spouses or surviving spouses, with eligibility based on service requirements and an honorable discharge. These loans, issued by private lenders and backed by the U.S. government, offer a 0% down payment option, with optional down payments to reduce cost and increase equity.
- VA loans are for primary homes.
- VA funding cost is required; lenders set interest rates and cost.
- Borrowers must prove eligibility and get prequalified.
- VA approved appraiser required.
- Borrowing limits apply'
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Home Ready
The HomeReady mortgage by Fannie Mae is tailored for low- to moderate-income borrowers. It stands out for low mortgage rates and reduced private mortgage insurance requirements.
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A minimum down payment of 3 %
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Income limits set at 80% of the area median income
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620 minimum credit score
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Accepts co-borrower incomes, even if the co-borrower doesn’t live in the home
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Available for various property types, including single-family homes, condos, and townhouses
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Home Possible
The Freddie Mac Home Possible mortgage offers affordable homeownership opportunities to a broad spectrum of borrowers, including first-time home buyers with lower credit scores.
- Minimum down payment of 3%
- Income limits at 80% of the area median income
660 minimum credit score
- Mandatory homeownership education for first-time home buyers
- Available for single-family homes, condos, and multi-unit properties
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Jumbo
A jumbo loan, also known as a jumbo mortgage, is a type of home mortgage that exceeds the lending limits set by the Federal Housing Finance Agency (FHFA) for conventional mortgages. Unlike those mortgages, a jumbo loan is not eligible to be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac.
Lenders offer jumbo loans to finance luxury properties and homes in very expensive local real estate markets and have more stringent underwriting requirements for them.
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FHA Streamline Refi
An FHA streamline refinance is a simplified refinancing program for homeowners with existing FHA loans, aimed at lowering interest rates or switching to a fixed-rate mortgage. It reduces paperwork and underwriting requirements compared to standard refinances, often without the need for an appraisal. The process is designed to be faster and easier, helping borrowers lower their monthly payments or transition from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage.
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VA IRRRL
Interest Rate Reduction Refinance Loan
If you have an existing VA-backed home loan and you want to reduce your monthly mortgage payments—or make your payments more stable—an interest rate reduction refinance loan (IRRRL) may be right for you. Refinancing lets you replace your current loan with a new one under different terms.
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USDA Mortgage
The USDA's Single Family Housing Guaranteed Loan Program helps low- to moderate-income buyers purchase homes in rural areas with affordable mortgage options. Backed by the USDA, these loans offer benefits like no down payment, competitive rates, and lower interest rates compared to conventional loans, even for those with less-than-perfect credit or limited savings. USDA loans are available in rural and suburban areas and can be used for purchasing, building, repairing, or relocating homes, as well as preparing home sites.
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