Empower Yourself with Financial Knowledge

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 The first step to purchasing a home is getting prequalified and/or preapproved 

Schedule a time to discuss key factors that determine what you qualify for, including your income (salaried or self-employed), monthly debts (car payments, student loans, and credit cards), credit history (FICO scores, past bankruptcies, or foreclosures), and assets (savings, investment accounts, 401(k), gifts from family). These details help outline your buying power and set the stage for a successful home purchase. 

Call the Avalon Loan Team today to discuss your home financing options.

Vanessa Springett and Heidi Dalvie

858-625-8533 

Having these documents ready will streamline your loan application process and help you get prequalified and/or preapproved faster!

Salaried Borrowers

• 1 month current paystubs
• 2 years W2s and/or 1099s
• 2 months bank statements 
• Copy of driver’s license

Self-Employed Borrowers:

• 2 years signed federal tax returns
• Signed YTD Profit & Loss (P&L)

Homeowners (if applicable):

• Mortgage statements
• Property tax bills
• Insurance declaration page
• Proof of HOA fees

Having these documents ready will streamline your loan application process and help you get prequalified and/or preapproved faster!

 The Avalon Loan Team guides first-time homebuyers through the essentials of purchasing a home. 

One of the first and most important steps is prequalification, which helps buyers understand the price range they qualify for, cash needed for the purchase, and the monthly payments they can expect to pay. 

Our brokers empower clients with knowledge so that they can make informed and confident decisions. 

Avalon is an approved lender with the SDHC.

Down Payment Assistance Programs exist for lower income families.

 San Diego Housing Commission First-Time Homebuyer Programs 

The Avalon Loan Team is experienced in financing investment properties and specialized scenarios.

• 1-4 Unit Residential Properties
• Investor Loans
• DSCR loans
• Bank Statement Loans
• Bridge Loans

Military veterans and active duty can purchase with 0% down payment and great low interest rates. 

VA Interest Rate Reduction Loans

Refinance to lower your interest rate and monthly payments, with minimal qualifying requirements.

Purchase with as little as 3.5% down payment. Perfect for those with lower credit scores and/or minimal down payment.

100% gift from family members allowed.

Condo Projects must be FHA approved to use FHA financing.