Understanding
Your Purchase
Power
At Axia, we have found a way to add more value to the mortgage pre-approval process. Axia’s Certified Homebuyer Program provides comprehensive education as you get started on your homebuying journey. Each level of qualification leaves you more knowledgeable and better equipped to shop for your new home.
Submit an online, in-person or over-the-phone application to start the process.
Your Axia Loan Originator will walk you through what documentation is required.
let’s get started.
What You Need
- Stated monthly income & debts
- Property type
- Stated credit scores
- Stated down payment & purchase price
This Certificate provides a preliminary assessment of your loan eligibility based solely on the income, debt, and asset information you provided to us, as well as your credit score; changes to this information may change the terms of this Certificate. 1
Pre-Qualification is the starter program and involves limited financial and credit analysis.
It provides a good closing speed via a preliminary analysis.
What You Need
- Documented income & assets
- Property type
- Credit report
- Down payment & purchase price
This Certificate signifies that we have verified your income, asset, debt, and credit information and on this basis have pre-approved you for the home mortgage loan. Subject to additional terms and conditions. 1
A Pre-Approval Certificate gives you greater purchasing power and makes your offer more attractive to sellers.
It provides a great closing speed due to verified analysis.
What You Need
- Verification of income & assets
- Property type
- Credit report
- Down payment & purchase price
- Approval by underwriting
This Certificate signifies that our Underwriting Department has conducted a thorough analysis of your creditworthiness and issued a full credit approval provided that your verified income, asset, debt, and credit information do not change. This credit approval may be applied towards the purchase of a specific property if property-specific requirements are met. 1
What You Need
- Verification of income & assets
- Property type
- Credit report
- Down payment & purchase price
- Approval by underwriting
- Satisfy property conditions
This guarantee signifies that our Underwriting Department has conducted a thorough analysis of your creditworthiness and issued a full credit approval provided that your verified income, asset, debt, and credit information does not change. This credit approval may be applied towards the purchase of a specific property if property-specific requirements are met. 1
A Guaranteed Credit Approval is your highest possible level of approval and offers the fastest closing speeds and maximum purchase power.
We’re so confident in our Guaranteed Credit Approval process that well pay the seller $10,000 if your loan is not closed based on the terms of the Certified Homebuyer Guarantee.*
Not all applicants will qualify. Certifications are based on the applicant’s income, debt, assets, and credit information and their ability to repay the proposed loan. Closing speed characterizations refer to the time between a fully executed purchase and sale agreement and closing and are subject to delays caused by other parties. Certain restrictions apply; contact us for more detail
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