Enjoy a lower mortgage rate and better service.

Buying your first home should be a delightful experience. When you work with us, you get a lower interest rate and better service on your mortgage. 

Our real-time rate information, same-day pre-approvals, and dedicated local team ensure a smooth and confident homebuying experience.

Since 2003, we've been committed to providing transparent, competitive mortgage solutions with a personal touch.

We offer various loan options, including conventional, FHA, and VA loans.

• Physician loan
• Cannabis mortgage
• Mortgages for non-permanent residents, including asylum seekers and DACA recipients

Our loan experts will help you choose the best fit for your financial situation and homeownership goals.

Your home loan options

Your borrowing capacity depends on your income, debts, credit score, and down payment.

At NewCastle Home Loans, we offer a straightforward pre-approval process that clarifies your budget, helping you shop confidently within your means.

Our online pre-approval process is fast and efficient. By submitting some basic financial information, you can receive a verified pre-approval letter, often on the same day, strengthening your position when making an offer.

How to get pre-approved for a mortgage

The amount of money you need to buy a home depends on your down payment and closing costs.

Down payment: A down payment is a percentage of the purchase price of a home that you pay upfront. How much you need for the down payment depends on several factors, mainly the property type, loan program, and whether you'll live there or rent it out. 

Closing costs: Closing costs include loan costs and other costs associated with purchasing a home. Loan costs include lender and third-party fees for underwriting, a property appraisal, and title work. Other costs include taxes, government fees, and prepaid items. 

Closing costs can add up to several thousand dollars and vary depending on several factors, most importantly, the location of the property and the lender you choose for the mortgage. 

Before shopping for a home, it's a good idea to get pre-approved for a mortgage. This will give you an idea of how much you can afford to borrow and help you narrow your search for homes within your budget.

Use our Mortgage Calculator to get the details on rates, payments, and closing costs online, 24/7.

Check out our Loan Estimate Explainer.

Talk to a mortgage expert at NewCastle Home Loans to better understand the cost of buying a home and determine how much money you'll need to save to be prepared to make this significant purchase.

While a 20% down payment is common, many of our loan programs require as little as 3% down. We'll be able to work with you to explore options that align with your savings and financial plans.

How much do I need for a down payment?

Closing costs typically range from 2% to 5% of the home's purchase price and may include fees for the loan origination, appraisal, title insurance, and more.

Our website instantly displays today's mortgage rate, your monthly payment, and the closing costs. The mortgage calculator will help you shop and compare loan options so you know what to expect when buying a home.

After you apply, we'll send you a Loan Estimate, a detailed breakdown of the fees associated with your home loan, so there are no surprises at closing.

Yes, we have access to various programs that can assist with down payments and closing costs.  Our team will help identify any programs you may qualify for to make your home purchase more affordable.

Timelines can vary, but with our dedicated local team and 100% online process, we aim to close loans efficiently, often within 10- 30 days after the seller accepts your purchase offer.  We'll keep you informed every step of the way.