Get in touch

702-800-4664

702-421-1111

NMLS: 5084

8921 W. Sahara Ave.  Ste. B

Las Vegas, NV 89117

Helpful links to federally backed mortgage resources

FHA LOANS

VA LOANS

CONVENTIONAL LOANS

West Coast Mortgage Group on the News

You're Never Obligated to Purchase a Home Even If You Are Fully Approved for a Home Loan So What Are You Waiting For?

Take the first step right now if you are searching for loan places in Las Vegas and call us so we can give you a clear-cut path to an excellent home mortgage loan with our low-interest mortgage rates and no lender fees! It costs nothing to go over your loan options, and we will never pressure you. Submit your secure mortgage loan application online right now, or call us today.

Start Your Secure Loan Application Here

FHA Loan Vs Conventional Loan And VA Home Loan

Inside a las Vegas home that can be purchased with a Conventional Home Loan

A Conventional loan vs FHA Loan can be used to purchase a primary residence, second home, or investment property and has higher loan limits and higher down payment requirements than FHA vs Conventional Loan. Conventional Mortgages typically require a credit score of at least 620. These residential mortgage loans have the advantage of no mortgage insurance with a 20% down payment or when the property mortgage loan balance reaches 80% paid. Conventional Loan Limits Clark County for a single-family home is $766,550, and Clark County Conventional Loan Limits 2024 are $1,474,400 for up to 4 living units.

Interior of kitchen and open concept home that can be purchased with an FHA Loan

Are you searching for the best va loan lenders ? We are experienced VA Mortgage Lenders here at West Coast Mortgage Group. 


VA Home Loans are available to qualifying Veterans and are a true Zero-down loan with no mortgage insurance paid by the buyer because the Veterans Association insures the loan. We can help you verify your VA benefits and purchase a home with no down payment at an excellent interest rate with a low monthly payment.


There is No Loan Limit on VA Home Loans anymore, so if you have good credit and can afford the payment, the sky's the limit on these spectacular loans! We are expert VA Mortgage Lenders; if you are curious about VA Home Loan Rates, call us today, we absolutely love doing VA Home Loans. West Coast Mortgage Group is by far the best mortgage companies for va loans.

Inside a Las Vegas Home purchased with an FHA Home Loan shows couch, dining table and accent wall in modern gray and wood colors

An FHA vs Conventional Loan means a low down payment of 3.5%, low-interest rates, lower credit score requirements, and shorter waiting periods after a foreclosure or short sale. These features make this loan type an excellent option for many people. FHA loans are for purchasing a primary residence and are meant for buyers who truly intend to live in the home they are purchasing for at least one year. The 3.5% FHA Loan Nevada down payment applies to anyone with a 550 credit score or higher. Credit Scores of 500-549 still may qualify, but they require a 10% down payment. The FHA Loan Nevada loan limit in 2024 for FHA Loans in Clark County is $498,257 for single-family residences. Clark County FHA Loan Limits 2024 for up to 4 living units is $958,350 and the borrower must live in one of the units.

Kitchen and pantry of a home refinanced in Las Vegas shows island and granite countertops and stainless steel appliances

Interested in seeing if you would qualify for a lower interest rate, lower monthly payment, or a cash-out mortgage refinance? If you've had a jump in your credit score, less debt, better payment history, your home value has raised substantially, or if interest rates were higher when you purchased your home, a mortgage refinance could lower your payment substantially. If you already have a very low-interest rate, then a HELOC vs Cash Out Refi might be best. In contrast, it may be time for a Cash out refi vs HELOC if you own an investment property with a low balance on the current mortgage because it has been paid down by your tenants. We can explain exactly how to refinance your home and help you decide which option is best for your needs. Call us today! 702-800-4664

What Is A Mortgage Loan Application

And

What is A Mortgage Calculator?
House price is invalid
Down payment should be equal to or lower than the property value
Interest rate is invalid
Calculate
Reset

Your estimated monthly payment is

30-year fixed loan

Principle & Interest

Home Insurance

Total Payment

Mortgage Calculator Spreadsheet

Mortgage Rates And Mortgage Loans Are Both Affected By Your Credit Score

  • Understanding Credit Scores And How They Affect Mortgage Rates

    Credit scores directly affect the interest rate you will receive on your mortgage loan. The higher your credit score, the lower your interest rate will be. Typically a credit score above 720 is considered an excellent score. The higher your credit score is, the lower the risk may be that you will miss a mortgage payment or default on your home loan. Mortgage borrowers with lower credit scores can still qualify for a home loan, and FHA Loans are excellent options if your credit is not the best. With a 580 Credit score or higher, you can get a good interest rate and put as little as 3.5% down on a home purchase. If your credit score is between 500 and 580, you can still qualify for an FHA loan in Las Vegas, but you will need to put 10% down.

  • Mortgage Loans And How They Are effected By Your Credit Score

    Lenders look at your credit score when you apply for a loan on a home, they look at the mortgage credit score, and they also look to see if you have had any bankruptcy or foreclosures in the recent past. Having a bankruptcy or foreclosure can cause your home loan to be denied even if you have a great credit score. For example, if you have had a Chapter 7 Bankruptcy at least 2 years need to pass, and you need to show that you have tried to re-establish good credit or at least have not incurred new credit obligations in order to qualify for an FHA Loan in Nevada. If you filed a Chapter 13 Bankruptcy and can prove at least a 1-year satisfactory payment history, you can still qualify for an FHA Loan in Clark County. If you have had a recent Foreclosure or a Deed In Liu of Foreclosure, unless it was a result of extenuating circumstances, you will not be eligible to receive an FHA loan even if your credit score is still relatively high.

  • Tips To Improve Your Credit Score So You Can Get The Best Mortgage Rate

    The best credit tip we can give you is not to try and fix your credit alone. Certain things like paying off very old minor collections may actually hurt your credit score worse than not ever paying them at all. Please call us right now at (702)-800-4664 , and we can run your credit and give you a step-by-step road map on exactly what you should and should not do to your credit. In general, paying your utilities, car payments, and credit obligations on time and paying down your credit card debt will help maximize your mortgage credit score. Don't close old accounts as this can negatively affect your credit since the length of your credit history is a major score factor. Don't open any new credit accounts or go above 30% of your available credit usage when applying for a mortgage loan.

Best Rate and Lowest Fees or We Cut You a Check For $1,000

Bring us a locked loan estimate dated within the last 3 biz days and if we can't match or beat it..we will eat it!

Helpful links to federally backed mortgage resources

FHA LOANS

VA LOANS

CONVENTIONAL LOANS

Need More Information About Home Loan Requirements?
Here are 3 FREE Resources. Download By Clicking the Buttons Below

Get On The Road To Home Ownership


A major factor in qualifying for a home loan is your credit score. Your mortgage broker will have you fill out a mortgage loan application and will ask for your permission to run your credit in order to know your mortgage-related FICO score. For an FHA 3.5% down payment loan, you need a FICO score of 580 however, with more money down, your FICO could be as low as 500, and getting a home loan can still be possible. For Conventional Loans, most will require a 620 credit score. There is no specific credit score requirement set by the Veterans Association on  VA Home Loans; however, each lender may have a score requirement for their specific funding requirements. 

Checkout HUD's Credit Map

How to Start Your Home Loan


Where to begin...

The first and most important step in the home buying process is having a free, no-obligation consultation with a mortgage lender you trust. This will allow you to learn about your current credit score and ways to maximize your fico score and will give you an idea of exactly how much you qualify for and home much money you will need to buy a home. The most important aspect of this first step is applying for a home loan; this will give your loan officer all the information they need to help you select the perfect loan options for your needs.

PIF Lending Real Estate 101 Guide


At What Point Do I Actually Get To House Hunt?


Let The Fun Begin...

After submitting your pay stubs, bank statements, taxes, and having your credit run, you are probably wondering when you actually get to have some fun!? Well..good news! Now you can choose a Realtor; give them your pre-approval letter from us here at PIF Lending, which is your golden ticket to start touring homes. Please ask us who we recommend, not all agents are created equally, and we work with some of the best agents in Las Vegas and are happy to give you an excellent referral.

Realtors Association Agent Search

FAQs

Quick Guide to Loan Facts

Andrew Leavitt CEO of PIF Lending Head Shot Photo

Andrew Leavitt

Vice President of West Coast Mortgage Group

What's my his why?

Andrew wanted to build the entire business around the concept of giving back to the community he lives and works in. By offering clients rock bottom interest rates with NO LENDER FEES! He also is committed to an excellent customer service experience as well as creating a company environment that supports his staff's ongoing growth and happiness.

Share by: