Purchase Loan
Buy the home you've been waiting for
Whether this is your first home or your fifth, a purchase loan gets you across the finish line. We offer competitive rates, expert guidance, and a streamlined process so you can close with confidence.
Key Advantages
Why Choose a Purchase?
Here's what sets this loan product apart and who it works best for.
Low Down Payment Options
As little as 3% down on conventional loans — and 0% down for eligible VA borrowers.
Fast Pre-Approval
Get a same-day pre-approval letter to strengthen your offer in any market.
All Loan Types Available
Conventional, FHA, VA, jumbo — find the right fit for your credit profile and goals.
Expert Guidance
Over 2,000 loans funded. We'll walk you through every step of the purchase process.
Calculator
Purchase Calculator
Estimate your monthly payment for a home purchase.
Loan Term
Calculator results are estimates only and do not constitute a loan offer, pre-approval, or commitment to lend. Actual terms may vary.
Eligibility
Qualification Requirements
General guidelines for Purchase Loan eligibility. Requirements vary by lender and scenario.
| Requirement | Guideline |
|---|---|
| Minimum Credit Score | 620+ |
| Minimum Down Payment | 3–20% depending on loan type |
| Property Type | Primary, second home, or investment |
| Debt-to-Income | Typically ≤ 45–50% |
These are general guidelines only. Specific program requirements may vary. Contact us for a personalized review of your scenario.
FAQ
Frequently Asked Questions
Common questions about Purchase Loan loans.
Get Started Today
Ready to explore Purchase Loan?
Answer a few quick questions and get a personalized strategy recommendation — including whether Purchase is right for your situation.
West Capital Lending, Inc. is an Equal Housing Lender. We do not discriminate on the basis of race, color, religion, national origin, sex, handicap, or familial status.
Explore More
Related Loan Products
Explore other products that may complement your strategy.
Conventional Loan
Flexible, widely-used, and competitively priced
Conventional loans conform to Fannie Mae and Freddie Mac guidelines and offer some of the lowest rates available. With loan limits up to $766,550 (and higher in high-cost areas), they cover most purchase scenarios.
Learn moreFHA Loan
Government-backed, low down payment, accessible
FHA loans are insured by the Federal Housing Administration and designed for borrowers with lower credit scores or limited down payments. A popular choice for first-time homebuyers.
Learn moreVA Loan
Zero down. No PMI. You've earned it.
VA loans are one of the most powerful mortgage benefits available to eligible veterans, active-duty service members, and surviving spouses. No down payment, no PMI, and competitive rates.
Learn more