Purchase · FAQ

Home Purchase Loan FAQ

Straight answers to the questions California home buyers ask most.

MBReviewed by Mike Basti, Mortgage Broker & Founder · NMLS #377740
Quick Answer

A purchase mortgage finances your home with as little as 0–5% down depending on the program, credit around 620+, and verifiable income. Start with a free pre-approval.

The essentials

Below are the most common questions. For a free pre-approval and a personalized budget, a quick call is all it takes.

Frequently asked questions

How much do I need to buy a home?

As little as 0% down (VA/USDA) or 3–5% (conventional/FHA), plus closing costs. We’ll map your lowest-cost path.

How long does it take to buy?

From accepted offer to keys is commonly 30–45 days.

Do I need perfect credit?

No — around 620+ opens most programs, and FHA can go lower.

Why use a broker to buy?

We shop multiple lenders at once, often beating a single bank’s rate, and guide you through every step.

Save Financial is a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766). Figures are illustrative for 2026 and not an offer of credit.

Ready to buy? Start with a free pre-approval.

Talk to a licensed California mortgage broker for a free, no-obligation consultation.