Home Purchase Loans

There's a loan program built for your situation.

Purchasing a home is one of the biggest decisions you'll make. Coltrain Mortgage shops wholesale rates across every major loan program, so whether you're a first-time buyer, a Veteran, self-employed, or a seasoned pro, you get the option that actually fits.

20+
Years of experience
900+
Five-star Google reviews
6
Purchase loan programs
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How It Works

From application to closing

1

Get pre-qualified

A quick conversation tells you what you qualify for before you start touring homes.

2

Find your home

Shop with confidence - and a pre-qualification letter to back up your offer.

3

We handle underwriting

Your loan officer manages documentation and keeps you updated at every step.

4

Close on your terms

Sign, get your keys, and move into your new home.

First-Time Buyers

A smaller down payment doesn't mean a smaller dream.

Coming up with a large down payment stops a lot of buyers before they even start looking. Between low-down-payment programs like FHA and Conventional 3%-down options, and assistance that may apply to your situation, there are more paths to a first home than most people realize. We'll walk through what you actually qualify for, not just what's advertised.

“Most first-time buyers assume they need 20% down. Most don't - we show you the real number.”
- Coltrain Mortgage, Licensed Loan Originators
Common Questions

Home purchase questions, answered

Which loan program is right for me?+

It depends on your credit, income, down payment savings, and whether you're a Veteran, self-employed, or buying in an eligible rural area. A quick conversation with a Coltrain loan officer usually makes it clear within minutes - we compare programs for you instead of pointing you to just one.

How much down payment do I actually need?+

Often less than people assume. FHA allows as little as 3.5% down, some Conventional programs allow 3%, and VA and USDA can offer $0 down for eligible borrowers.

Am I still a "first-time homebuyer" if I owned a home years ago?+

Often, yes. Many first-time buyer programs define eligibility as not having owned a home in the past three years, not literally never having owned one. Ask your loan officer to check your specific situation against the program's actual definition.

What documents do I need to get pre-qualified?+

Typically recent pay stubs, W-2s or tax returns, bank statements, and photo ID, though exact requirements vary by loan program. See our full documents checklist to prepare before you apply.

Ready When You Are

Ready to start your home purchase?

Tell us a little about what you're looking to do and a local loan officer will follow up directly.

No obligation. A local Coltrain loan officer will reach out directly.

Thanks - you're all set.

A Coltrain loan officer will personally reach out shortly. Have a question right now? Call (631) 851-4420.