Juan came to First Centennial Mortgage wanting to buy a house for him, his wife and their four children so they could live the American Dream. Juan is a first-time homebuyer and referral from a past client. He is wheelchair bound due to his cerebral palsy so he has very little muscle contract and can’t control his hands. He is always smiling, happy and has a positive and infectious attitude.
The goal was to qualify for this mortgage using solely Juan’s income and debt. Juan works a full-time job to support his family rather than collecting disability, but he has an expensive car payment which gave him a high debt to income ratio (DTI).
After discussing the numbers with Jennifer Castillo at First Centennial Mortgage, Juan knew his DTI wouldn’t allow him to qualify for the home he and his family wanted. After the conversation with Jennifer, Juan set a new goal. In a few short months, he paid off his car. With less debt to his name, Juan could now qualify for a home loan around $100,000. He said, “I think I can work with that.”
Jennifer sent Juan his pre-approval letter and within a week, Juan had a contract on a home. Through Jennifer’s help and advice, Juan and his family achieved the dream to buy their first home. Juan is truly proud and is eternally grateful to First Centennial Mortgage.
Jennifer says, “This will always be one of my favorite closings of all time. Juan and his wife were so happy and grateful. I learned so much in working with Juan and I’m grateful to have been a part of his story. In my opinion, success is not about the number of units or volume we close or the amount of money we earn, it’s about the people we help and the relationships we build. If we focus on that and always do our best for everyone, everything else will fall into place!”
At First Centennial Mortgage, we focus on helping you finance the home of your dreams. No matter what your story is, we’re here to help you.