Home Matters

What Is Loan Lift?

Loan Lift looks beyond traditional paperwork to capture real-world financial responsibility. It reviews direct deposits from nontraditional income sources and verifies rent payments, even if they’re informal or made through peer-to-peer apps.

By creating a fuller picture of your financial habits, Loan Lift has helped 25% more buyers get approved compared to standard underwriting methods.

Who Does It Help?

If you're self-employed or working multiple income streams, you may not have the W2s or pay stubs traditional lenders look for. Loan Lift can validate at least 12 months of direct deposits, including income from platforms like Uber, DoorDash or freelance clients.

It also supports renters who aren’t on a lease or pay rent informally. Even if your rent isn’t reported to credit bureaus, records from payment apps, receipts or a landlord’s letter can help prove your consistency.

It’s Not Just for First-Time Buyers

Current homeowners can benefit too—especially if your financial picture has changed. Maybe you’ve shifted to gig work, started freelancing or are renting while between homes. Loan Lift helps verify both your income and your recent rent history, making it easier to qualify even without traditional documentation.

Why It Matters

Too often, financially ready buyers are told “no” because their income or rent history doesn’t fit the usual mold. Loan Lift closes that gap by giving credit for consistent habits that show you’re ready to own.

Whether you’re buying your first home or your next, Loan Lift offers a smarter, more flexible path to getting approved.

Ready to see where you stand? Contact me today and find out if Loan Lift could help open the door to your next home.

READY TO BUY A HOME? Let’s see what’s possible. Start your application and take the first step toward your next home, on your terms. Apply Now.

PrimeLending is not affiliated with other mentioned companies.

Today’s Market: What to Expect

Yes, rates are still higher than a few years ago, but that hasn’t stopped people from buying homes. In fact, with more listings hitting the market and price growth slowing in many areas, buyers have more to choose from—and more room to negotiate.

According to the U.S. Census Bureau, homeownership in America through March 2025 is holding steady at around 65%. So, if owning a home is on your radar, you’re not alone.

Already Own? Refinancing Could Still Make Sense

If you’re a homeowner, National Homeownership Month is a great reminder to check in on your mortgage and make sure it’s still working for you. Refinancing isn’t just about chasing a lower rate—it’s about aligning your loan with your long-term goals. With a refinance, you could:

• Access home equity¹
• Remove private-mortgage insurance (PMI)
• Pay off your loan faster

One option worth considering is a 20-year refinance. It offers a unique middle ground: lower interest rates than a 30-year mortgage and less pressure on your monthly budget compared to a 15-year term. With a 20-year refinance, you can reduce the total interest paid over the life of the loan, build equity at a faster pace and still maintain more breathing room in your monthly finances. For many homeowners, it strikes the perfect balance between saving money and staying financially flexible.

First-Time Buyer? Here’s Where to Start

Before you scroll through listings, figure out what you can comfortably afford. A quick affordability calculator can give you a clear price range and help set expectations.

Worried about the upfront costs? Good news: you may qualify for programs that reduce your down payment or cover part of your closing costs. A few examples:

• FHA Loans – 3.5% down
• VA Loans – No down payment (for eligible military)²
• USDA Loans – No down payment (for certain rural and suburban areas)

There are also local grants and other programs available³—I’d be happy to walk you through your options.

Whether you're buying, refinancing or exploring your options, I’m here to help. Connect with me today—no pressure, just real answers.

GET APPROVED⁴ BEFORE YOU SHOP. Not only does it help you know your budget, it shows sellers you’re serious—and that can give you an edge. Get Your Quote Now

¹All credit decisions for brokered products will be made by a third party. Restrictions and limitations apply.

²Down payment waiver is based on VA eligibility.

³Certain restrictions apply, subject to down payment assistance program guidelines. Not available in all areas. Please contact your PrimeLending loan officer for more details.

⁴Approval means an Underwriter has reviewed your application and has verified all necessary forms of income, assets, and credit. All loans subject to final credit approval and acceptable property. Conditions and restrictions may apply.

Start with Your Credit Score

A great first step is to check your credit score. It plays a key role in determining your loan options and interest rate. You don’t need a perfect score to buy a home—but the better your credit, the more favorable your terms can be.

If you're looking to give your score a boost, try paying down debt, staying current on all bills and holding off on new credit applications for now.

Know Your Budget

Understanding your finances helps us find the right loan fit for your lifestyle. I recommend taking a look at your income, expenses and any existing debt to get a feel for what you’d be comfortable spending each month.

When we connect, I’ll help you put the numbers together so you’ll know exactly where you stand—and what’s possible.

Get Approved¹ Before You Start Shopping

One of the smartest moves you can make early on is getting approved for a mortgage. It gives you a clear idea of your price range and shows sellers you’re ready to make a serious offer.

At PrimeLending, the approval process is fast, simple and completely digital. And with our Home Loan Tracker, you can stay in the loop throughout your journey.

Plan Ahead for Upfront Costs

In addition to your down payment, it’s a good idea to set aside funds for closing costs, which usually run between 2–6% of the home’s purchase price. I’ll walk you through the expected costs so there are no surprises, and we’ll also look into any assistance programs² that might be available to help you out.

Know What to Expect

Once you’ve found the right home and your offer is accepted, here’s a quick look at what happens next:

1. Submit your application and financial documents
2. Schedule the appraisal and home inspection
3. We’ll process and underwrite your loan
4. You close, sign and get the keys to your new home!

Buying your first home is a big moment, and I’m here to make sure you’re prepared, informed and excited for what’s ahead. With a little upfront planning and the right guidance, your homeownership goals are absolutely within reach and I’ll be here to guide you every step of the way.

HOUSE HUNTING TIP: Before you start touring homes, make a list of your must-haves vs. nice-to-haves. It’ll help you stay focused and confident when making decisions—and save you time in the process. Need help getting started? Contact me and let’s build your game plan together. Take the First Step Today.

¹Approval means an Underwriter has reviewed your application and has verified all necessary forms of income, assets, and credit. All loans subject to final credit approval and acceptable property. Conditions and restrictions may apply.

²Certain restrictions apply, subject to down payment assistance program guidelines. Not available in all areas. Please contact your PrimeLending loan officer for more details.