FAQs

You’ll pay origination, appraisal, inspection, and title fees. Mega‑Financial provides a transparent fee estimate upfront—no surprises.

Yes! We offer specialized programs and credit‑repair guidance. Mega‑Financial helps you secure approval even with past credit issues.

An A-Lending first mortgage offers the most competitive interest rates, flexible repayment terms, and access to larger loan amounts. It’s ideal for borrowers with strong credit and stable income.

Once pre‑approved, closing normally occurs within 30–45 days, assuming all documentation is provided promptly

Yes, if your down payment on a conventional first mortgage is less than 20%. PMI protects the lender and typically cancels once your home equity reaches around 22%.

Most A-Lenders prefer a credit score of at least 680 or higher for first mortgage approval. A stronger score improves your chances of securing better rates and terms. Mega-Financial also offers tips to help improve your credit profile if needed.

For a conventional first mortgage, a 20% down payment is typically required to avoid Private Mortgage Insurance (PMI). However, first-time homebuyers may qualify for FHA first mortgages with as little as 3.5% down, or VA first mortgages with 0% down, depending on eligibility.

To qualify for a first mortgage under A-Lending, you’ll need a stable income, a good credit score, a valid ID, recent bank statements, and a down payment (usually between 3%–20%). Lenders also assess your debt-to-income ratio and employment history.

Your borrowing limit for a first mortgage (A-lending) depends on your income, credit score, debt load, and the property’s value. Mega‑Financial offers a free borrowing capacity assessment to help you find the right amount you can qualify for.

It depends on your income, debts, and down payment. A mortgage advisor can help you calculate your affordability and budget.