Home Purchase Financing
Home Purchase Loans for Your Dream Home
Whether you're a first-time buyer or upgrading, we'll guide you through every step with competitive rates and clear communication.
Rates, terms, and approval subject to change. See Licensing for full disclosures.
Why Work With Us for Your Home Purchase
Buying a home is one of the biggest decisions you'll make. Here's how we help.
Loan Options
Access to multiple lenders and products to find options that may fit your situation.
Clear Process
Step-by-step guidance through the homebuying journey.
Pre-Approval
Get pre-approved to understand your buying power.
Communication
We keep you informed throughout the loan process.
Home Financing for Every Buyer
Whether you're buying your first home or your forever home, we have loan solutions tailored to your needs.
First-Time Buyers
Navigating your first home purchase with confidence
Growing Families
Upgrading to a home that fits your needs
Relocating Buyers
Moving to the Inland Pacific Northwest
- Conventional, FHA, VA, and USDA loans
- Down payment assistance programs
- Competitive rates with multiple lenders
- Local expertise in Coeur d'Alene & Spokane
Ready to Get Pre-Approved?
Book a 30-minute mortgage review with Tyler and walk away with a clear plan for your purchase.
Home Purchase FAQs
Common questions about buying a home in Coeur d'Alene and Spokane.
How much down payment do I need to buy a home?
Down payment requirements vary by loan type and your financial situation. Conventional loans may require 3-20%, FHA loans typically require 3.5%, and VA loans may require 0% for eligible veterans. We can help you understand options that may be available to you.
What credit score do I need to buy a house?
Credit score requirements vary by loan program. Many programs require a minimum score of 620-640, though some may accept different scores. Higher credit scores may qualify for more favorable terms. Contact us to discuss your situation.
How long does the home buying process take?
The timeline from pre-approval to closing varies but is typically 30-45 days. Getting pre-approved first can help you move more quickly when you find the right home.
What's the difference between pre-qualification and pre-approval?
Pre-qualification is a quick estimate based on self-reported information. Pre-approval involves a more thorough review of your finances. Both are subject to final underwriting approval.
Can I buy a home while selling my current one?
There may be financing options available for buying while selling. We can discuss how to structure financing based on your specific timeline and situation.
What closing costs should I expect?
Closing costs typically range from 2-5% of the purchase price and may include lender fees, title insurance, appraisal, and prepaid items. Actual costs vary based on your loan and location. We provide estimates during the application process.
DISCLOSURE: Loan programs include Conventional (Fannie Mae/Freddie Mac), FHA, VA, and USDA. Each program has specific eligibility requirements including credit score, down payment, income limits, and property requirements. VA loans available to eligible veterans, active-duty service members, and surviving spouses. USDA loans require eligible rural property location. FHA loans require Mortgage Insurance Premium (MIP). PMI required on conventional loans with less than 20% down. All loans subject to credit approval. Rates, terms, and conditions subject to change. Tyler Shearer NMLS #1717959 | Gesa Credit Union NMLS #410395. Equal Housing Lender.