Home Loan

Home Loans You Can Understand

Clear, Straightforward Financing With a Trusted Guide at Every Step

Buying a home shouldn’t feel overwhelming. Yet for many buyers, the mortgage process is filled with unfamiliar terms, uncertainty, and stress.

That’s where I come in.

I’m Greg Riordan, a mortgage advisor who believes the home loan process should be clear, personal, and built around your real-life goals. I take the time to explain your options in plain language, answer questions honestly, and help you make confident decisions from start to finish.

Whether you’re buying your first home, moving up, refinancing, or purchasing an investment property, this page explains how home loans work and how I help you choose the right one.

What Is a Home Loan?

A home loan, also called a mortgage, is financing used to purchase or refinance a home. You repay the loan over time through monthly payments that include principal, interest, and other related costs.

While the concept is simple, the options are not. Different loan types are designed for different situations, and choosing the wrong one can cost you thousands over time.

My role is to help you understand your options clearly and match you with a loan that fits your income, credit profile, timeline, and long-term plans.

Get Pre-Approved

How I Help You Get the Right Home Loan

Step 1 – Understand Your Goals and Budget
We start by talking about your comfort level, monthly budget, and future plans. This ensures your loan supports your lifestyle instead of limiting it.

Step 2 – Compare Loan Options Clearly
I walk you through the differences between loan types, including fixed versus adjustable rates and government-backed versus conventional programs, without confusing jargon.

Step 3 – Secure Competitive Terms
I review multiple loan scenarios so you can see how interest rates, down payments, and loan terms affect your payment and overall cost.

Step 4 – Guide You Through Approval
From application through underwriting, I manage the process and communicate clearly so there are no surprises.

Step 5 – Close With Confidence
You’ll understand exactly what you’re signing, what you’re paying, and why the loan works for you.

Home Loan Programs I Offer

✓ Conventional Home Loans
These loans are popular with buyers who have good credit and steady income. They often offer lower long-term costs and flexible term options.

✓ FHA Loans
FHA loans are commonly used by first-time buyers or buyers with limited down payment funds. They allow for more flexible credit requirements and lower upfront costs.

✓ VA Loans
Available to eligible veterans, active-duty service members, and surviving spouses. These loans often feature no down payment requirements and competitive interest rates.

✓ USDA Loans
Designed for buyers purchasing homes in eligible rural areas. These loans can offer zero down payment options for qualifying buyers.

✓ Jumbo Loans
For higher-priced homes that exceed conventional loan limits. Jumbo loans require a tailored approach to income, credit, and asset verification.

Get a clear answer in one conversation.

You’ll leave the call knowing what you qualify for, what your payment could look like, and which loan paths actually make sense for your situation.

Call (928) 427-5156

Understanding Your Monthly Mortgage Payment

A typical mortgage payment may include:

Loan principal
Interest
Property taxes
Homeowner’s insurance
Mortgage insurance (when applicable)

Before you commit, I provide clear, accurate numbers so you know exactly what to expect.

Real-World Loan Scenarios

A first-time buyer used an FHA loan with a lower down payment, allowing them to purchase sooner without stretching their budget.

A move-up buyer chose a conventional loan structure that eliminated unnecessary mortgage insurance and reduced long-term costs.

Every borrower’s situation is different, but clarity leads to better decisions.

What You’ll Need to Apply

Most buyers will need:

Proof of income such as W-2s, pay stubs, or tax returns
Recent bank statements
Valid identification
Credit history review

If anything needs improvement, I’ll help you address it before applying.

Get Pre-Approved

Common Mortgage Myths Explained

Many buyers believe they must put 20 percent down to buy a home. In reality, several programs allow much lower down payments.

Some think only perfect credit qualifies for a mortgage. There are loan options designed for a wide range of credit profiles.

Others focus only on finding the lowest interest rate. In practice, the right loan structure often matters more than the rate alone.

Frequently Asked Questions

What credit score do I need for a home loan?

Credit score requirements vary by loan program. Some loans allow lower scores, while higher scores may unlock better terms. I’ll review your credit and explain your options clearly.

How much down payment is required?

Down payment requirements depend on the loan type. Some programs require as little as 3 to 5 percent, while others offer zero-down options for eligible buyers.

How long does the home loan process take?

Most home loans close within 30 to 45 days, depending on the complexity of the transaction and how quickly documents are provided.

Can I lock in my interest rate?

Yes. Once we choose the right loan, you can lock your rate to protect against market changes.

What factors affect my monthly payment?

Interest rate, loan amount, term length, taxes, insurance, and mortgage insurance all play a role.

Let’s build the right loan strategy for you.

You don’t have to navigate the mortgage process alone. A home loan should support your goals, not create uncertainty. My job is to help you understand your options, make informed decisions, and move into homeownership with confidence.