ARIZONA • COLORADO • FLORIDA

Purchase Financing

Buy with the smartest lane — not the loudest advice.

We map FHA vs VA vs Conventional (and DPA when available), explain your down payment + payment trade-offs, and give you a clean next-steps plan you can actually follow.

Find My Best Purchase Path Explore Purchase Options

No pressure. Clarity first. You choose the path.

  • First-time buyers
    Simple plan + realistic monthly payment.
  • VA / FHA
    Eligibility + what improves approval.
  • DPA
    When it helps (and when it doesn’t).
Why people trust LFDH Clear, lender-level guidance — not sales pressure
Licensed mortgage professionals
Real loan officers — not a call center or lead site.
AZ • CO • FL coverage
Local programs, DPA, and investor rules by state.
No credit check to start
We only pull credit if you choose to move forward.
Multiple loan paths
FHA, VA, Conventional, DSCR, ADU, and Non-QM options.
No pressure — ever
Compare options, pause, or walk away anytime.
Built for real scenarios
First-time buyers, refinances, ADUs, and rentals.
Quick yes/no Want a fast answer without pressure? We’ll point you to the cleanest option and what to gather next.

Who This Is For

This hub is built for people buying a primary residence—first-time buyers, repeat buyers, families upgrading or downsizing, and anyone trying to make a smart move without getting overwhelmed. If you’re buying in Arizona, Colorado, or Florida, we’ll help you understand the most realistic paths based on your goals, down payment, income type, and property.

  • First-time homebuyers and repeat buyers
  • Low down payment or limited cash-to-close
  • Gift funds from family
  • Down payment assistance (where available)
  • Commission, bonus, or self-employed income
  • Co-borrower scenarios

Program Overview (Plain English)

There isn’t one “best” loan—there’s the best fit for your situation. Most home purchases land in one of these buckets: FHA, VA, or Conventional. Each has different strengths depending on credit, down payment, property type, and how you get paid.

FHA Loans

FHA loans are commonly used by first-time buyers or buyers who want more flexible qualifying guidelines. They often work well when the down payment is lower and you want a predictable path to approval. FHA requires mortgage insurance, and the exact details depend on your profile and the home. Learn more about FHA loans.

VA Loans

VA loans are for eligible veterans, active-duty service members, and some surviving spouses. VA financing is known for strong terms and typically does not require monthly mortgage insurance. Eligibility and entitlement matter, and we’ll walk you through what’s needed. Learn more about VA loans.

Conventional Loans

Conventional loans are a great fit for many buyers, especially when credit is strong or the down payment is higher. If mortgage insurance applies, it can often be reduced with good credit and may be removable later. The best route depends on your goals and the full picture. Learn more about Conventional loans.

Down Payment Assistance (DPA)

Down payment assistance programs can help cover part of your down payment and sometimes closing costs. These programs are usually tied to specific locations and often come with income limits, purchase price limits, or first-time buyer requirements. Some DPA is structured like a grant, while other programs may be repayable later or forgiven over time.

The key is matching you to what’s actually available where you’re buying—especially in AZ, CO, and FL where program availability can vary by county and city. Explore Down Payment Assistance (DPA).

What We Review to Give You Accurate Options

You don’t need a perfect file to get started. To point you in the right direction, we typically review:

  • Estimated purchase price and target monthly comfort range
  • Down payment source (savings, gift funds, or assistance)
  • Income type (salary, hourly, commission/bonus, self-employed)
  • Asset overview (cash, reserves, retirement accounts if applicable)
  • Property type (single-family, condo, 2–4 unit, etc.)

What to Gather (Fast Start)

If you want the fastest path to a real answer, here’s what helps most (don’t stress if you don’t have it all):

  • ID + basic contact info
  • Recent paystubs (if W-2), or last 2 years tax returns (if self-employed)
  • Recent bank statements (where your down payment will come from)
  • Estimated credit range (or tell us you’re unsure)
  • Target city/county + estimated purchase price
Next step Here’s exactly what happens after you submit (simple + fast)
1) You submit the reviewCredit range, down payment, income type, and where you’re buying.
2) We confirm best-fit optionsFHA vs VA vs Conventional vs DPA — with trade-offs explained clearly.
3) You get a short checklistSo you’re ready to shop, make offers, and close without surprises.

Start Your Free Financing Review

Takes 2 minutes. No pressure. No obligation. No credit check unless you choose to proceed.

No pressure This is not a loan application
We do NOT run credit
Unless you explicitly tell us to proceed.
You’re not locked into anything
Review options first — decide later.
We only request what’s needed
No document dumps or busywork.
I agree to be contacted regarding financing options. No credit check will occur unless I choose to proceed.

No obligation. No credit check unless you choose to proceed.

Not ready yet? Perfect. You don’t need perfect credit, 20% down, or a full doc stack to start.

If you’re still in “research mode,” we can keep this simple. Start with a quick financing review and we’ll do three things: (1) confirm what you realistically qualify for, (2) recommend the best-fit path (FHA, VA, Conventional, or DPA), and (3) give you a short checklist so you’re ready to move when the right home pops up.

Just browsing?
Tell us your estimated credit range + down payment amount.
3–6 months out?
We’ll map steps to improve your options without wasting time.
Making offers soon?
We’ll help you tighten the file so you close cleanly.

No obligation. No credit check unless you choose to proceed.

Purchase Financing FAQs

How much down payment do I need for FHA, VA, or Conventional?
It depends on the program and your overall profile. FHA, VA, and Conventional all have different minimums and trade-offs. We’ll show you what’s realistic based on your goals and cash-to-close.
Can I use gift funds for the down payment and closing costs?
Often yes. Many programs allow family gift funds, but documentation is required. We’ll explain what’s typically needed and how to avoid delays.
What credit score do I need to buy a home?
Credit requirements vary by loan type and the full risk profile (down payment, income, and overall stability). We can outline realistic options and improvement steps.
How does DPA work in Arizona, Colorado, or Florida?
DPA varies by location and program rules (income limits, purchase caps, first-time buyer criteria). We’ll identify what’s available where you’re buying.
What’s the difference between pre-qualification and pre-approval?
Pre-qualification is an early estimate. Pre-approval typically includes documentation review and is stronger when you’re writing offers.
How fast can we close once I’m under contract?
Timelines vary by loan type, appraisal needs, title work, and documentation speed. We’ll give you a realistic timeline once we review the basics.
Can I buy with commission or self-employed income?
Yes. These income types are common, but they require the right documentation and consistency. We’ll tell you exactly what to gather.
What documents should I gather first?
A good start is ID, recent pay stubs (if applicable), recent bank statements, and tax returns if you’re self-employed. We’ll confirm what applies to you.

Licensed in AZ, CO, and FL. Not all products are available in all states. No obligation. No credit check unless you choose to proceed.

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