Let Preferred Rate Help Make Your First-Time Homes Dream Come True!

Preferred Rate is a local leader in First-Time Homebuyer Lending! We have the tools and experience to make your dream house a home!

5.0

5665 Reviews

5.0

1984 Reviews

4.9

4787 Reviews

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House with white siding, black roof, and attached garage.
Beautiful suburban home with a manicured lawn and contemporary design.

Your pathway to affordable homeownership

Our Flexible First Time Home Buyer Solutions Fit Many Scenarios

  • Down Payment Assistance Allowing You to Buy With No Down Payment
  • Below Market Rate Incentives Can Save You Thousands Per Year on Payments
  • No-Fee Refinance for First Five Years After Close
  • FHA, VA, Conventional, USDA, and Portfolio Loan Options
  • No Hard Inquiry Required for Preapproval

We make the buying and refinance process easy

Get started
Confident man in black polo shirt with Preferred Rate logo outdoors.
A professional headshot of James Randall, representing Preferred Rate, showcasing trust and expertise in financial services.

NMLS: #20457

James Randall

Sales Leader

Wyatt Ragar smiling outdoors, representing trusted mortgage and financial services.
Professional portrait of Wyatt Ragar, a financial expert, for Preferred Rate branding and marketing.

NMLS: #559049

Wyatt Ragar

Mortgage Advisor

Lynne Schlereth, financial expert, promoting preferred rate services.
Lynne Schlereth, a trusted financial professional, advocating for optimal preferred rate solutions.

NMLS: #237688

Lynne Schlereth

Mortgage Advisor

“We can’t say enough great things about this team. They were always accessible, professional and diligent. They went above and beyond for our purchase. We always felt they had our best interests at heart and were always there for questions, explanations and reassurance. There isn’t a scale high enough for them. We will absolutely use them for future endeavors. ”

Rick & Spencer Nash

Family enjoying quality time together at home, smiling and laughing.
Happy family bonding moment in a cozy living room, emphasizing warmth and togetherness.

Mortgage Calculator

Estimate your monthly payment in seconds.

$400,000

$50k $2M+

Customize taxes, insurance & HOA

Not required (Down payment ≥ 20%)
Estimated Monthly Payment

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Principal & Interest Mortgge Loan
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Property Tax Estimated
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Home Insurance Estimated
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HOA & PMI Fees
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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes.

Start your application in less than 5 minutes.

Get Started!
Beautiful modern two-story house with white and gray siding, large windows, and a spacious driveway.
Elegant two-story home featuring contemporary design, large windows, and a well-maintained lawn.

DO BUSINESS WITH SOMEONE YOU CAN TRUST!