Are You Looking to Move to Northwest Arkansas?
You found our website, so you are probably considering getting a mortgage loan in Arkansas. If your intention is to purchase a new home you should consider consulting with a local Arkansas Mortgage company. Our mortgage company is located in Northwest Arkansas and we help our clients with residential mortgages or even a refinance. There are requirements for qualifying income that we can help you with. See the bottom of this page for more specific info on establishing income for a mortgage when you are moving to a new location. Call NwaLending.com and we can help make your transition as smooth as possible.
We work with multiple types of mortgages:
FHA Loans
96.5 LTV or 3.5% Minimum Down Payment
30 Year Fixed Rates
Credit Scores Minimum Mid-score 620
USDA Rural Development Loans
100% LTV No Down Payment
30 Year Fixed
Credit Score Minimum Mid-score 640
VA Loans
100% LTV No Down Payment
Credit Score Minimum Mid-score 620
Conventional Loans
97% LTV First Time Home Buyer
95% LTV 5% Minimum Down Payment
Credit Score Minimum 620
Jumbo Loans
90% LTV
30 Year Fixed Rates
Credit Score Minimum 680
- Bentonville, Arkansas
- Rogers, Arkansas
- Springdale, Arkansas
- Fayetteville, Arkansas
- Bella Vista, Arkansas
Arkansas Mortgage
6 Things to know before moving to Northwest Arkansas.
- We do speak English, but there is a bit of a drawl. This makes one syllable words seem like two syllable words.
- Most people do wear shoes even in the summer.
- Most everyone is really pretty nice. It is infectious!
- NWA is not flat like Kansas and we are nestled in the Ozark Mountains.
- You will learn how to call the Hogs.
- The 90s boom caused a sprawl. The area is made up of 4 major cities from south to north there is Fayetteville, Springdale, Rogers and Bentonville. There are also plenty of cool places in between.
Arkansas Mortgage
Income Questions:
We are professionals ready to help. There are a few mortgage guidelines that you need to be aware of when moving from out of the area?
- Starting a new job. You will need 30 days on the job with pay stubs. Also a written job offer or contract for employment can help eliminate the 30 day wait for pay stubs.
- Transferring jobs has a very smooth transition and there is also no 30 day wait for those who will remain with the same company.
- If you are starting a new commissioned sales position or are self-employed you will need to wait 1-2 years and have tax returns to establish the new income.
- Once we can establish income our mortgage company can help you get pre-qualified for a home loan. This process will help you decide what loan makes the most sense for your circumstance and help with a budget before you head out to shop for a new house.
We can help connect you with local professionals that will introduce you to Northwest Arkansas. A veteran real estate agent can make all the difference when helping you navigate this large quaint metropolis. There are great schools, shopping and eateries all throughout Northwest Arkansas and a good real estate agent can help you find the right area that balances work and play.