Frequently Asked Questions

ACE Home Mortgage

Need Answers?

We believe in a transparent mortgage experience, here are the answers to some common home lending questions.

1. Will I qualify for a mortgage loan?

There are many factors that determine loan eligibility including credit score, income, debt-to-income ratio, assets, and down payment amount. Before you meet with a mortgage lender it’s helpful to have the following documents ready

  • Proof of income
  • Bank statements
  • W2s
  • Any current loan balances
  • Investment information

At ACE Home Mortgage, we offer a wide array of loan options for buyers with credit scores starting at 620. Our experts will work with you to determine whether you qualify for a mortgage loan, what type of loan is best for your needs, and how much loan you can afford.


2. What kind of home can I buy?
The type of home you can purchase depends on the mortgage you qualify for. We offer mortgage solutions for homes of all sizes including

  • Single-family homes
  • Multi-family homes
  • Investment Properties
  • Primary and Secondary homes
  • Planned unit development (PUD)
  • Condominiums
  • New Construction

Wondering how much house you can afford? Try our loan calculator.

3. Where is ACE Home Mortgage available?

ACE Home Mortgage is headquartered in Austin, Texas and we’re proud to offer expert mortgage solutions to homebuyers throughout the Lone Star State. While we’re privileged to serve our home state, we’re looking forward to expanding our services to communities nationwide.

We’re excited to announce that we’ll be bringing our expertise to Florida and California in the near future with other states soon to follow. Join our mailing list to be the first to know when ACE Home Mortgage is available in your area.

4. Should I refinance my home?

Before you decide to refinance your home it’s important to consider the reason for the refinance, assess your finances, and clearly understand how refinancing works.

Some common reasons for refinancing a mortgage include lowering your interest rate, reducing monthly payments, or tapping into your home’s equity. If interest rates are low, your credit score has increased significantly, or you need cash to make home improvements it might be time to consider refinancing.

Our loan experts would be happy to discuss refinancing options so you can make an educated decision about whether or not now is the right time to refinance your home mortgage.


Conventional Mortgages


30-year loan terms


Approval rate


Down payment under 10%

*2023 national statistics according to bankrate.com & homebuyer.com 








Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Monthly PMI $0

How it works

Mortgage Timeline

Our experts are here to guide you step-by-step through the mortgage process so you can buy your dream home without the hassle.