FAQ

Your questions, answered.

No jargon, no runaround. Just straight answers about the mortgage process from someone who does this every day.

Getting Started

What's the difference between pre-qualification and pre-approval?

How do I get started?

Do I need to have a home picked out before I talk to you?

Loan Types & Programs

What types of loans do you offer?

Can I buy a home with less than 20% down?

What if I'm self-employed or have non-traditional income?

Do you do refinances?

Credit & Qualifying

What credit score do I need to buy a home?

Will getting pre-approved hurt my credit score?

What if I have past credit issues, bankruptcy, foreclosure, or collections?

The Process

How long does it take to close on a home?

What documents will I need?

Are you a broker or a direct lender?

Will I have one point of contact throughout the process?

Costs & Rates

How do mortgage rates work?

What are closing costs?

Can closing costs be rolled into the loan?

📋 Pre-Approval Cheat Sheet

Step-by-step guide to get your documents ready, unfreeze your credit, and sail through the application.

Still have questions?

RJ picks up the phone. Seriously.

The Bennett Team

"Your local mortgage guides." You shouldn't have to do this alone.

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Loan Types

ConventionalFHA LoansVA LoansJumbo LoansRefinancingDown Payment AssistanceUSDA LoansHome EquityBank Statement

Contact

(360) 739-3454rbennett@canopymortgage.com
5703A Third Avenue
Ferndale, WA 98248
Realtor Tools

Branch Location

5703A Third Ave, Ferndale, WA 98248

Phone: (360) 739-3454

Branch NMLS ID # 2103069

RJ Bennett — State Licenses

ID: #MLO-2081587912

WA: #MLO-1587912

CA: #CA-DFPI1587912

Canopy Mortgage, LLC | 360 Technology Court, Suite 200 Lindon, UT 84042 | 877-426-5500 | NMLS Consumer Access #: 1359687. All loans subject to credit and property approval. Privacy Policy · Terms of Use · State License Data

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