Trusted Mortgage Broker in Westerville, OH – Rob Slayton

A Hero Loan is a special mortgage program for essential workers such as teachers, police officers, firefighters, nurses, doctors, and military service members. In Ohio, these loans often come with lower fees, better interest rates, and grant eligibility. Rob Slayton helps qualified Ohio heroes secure the best options based on their profession and financial goals.

Yes, many Hero Loan programs in Ohio include access to down payment assistance (DPA) and grants. These programs vary by county and city, so Rob works with you to uncover the best available options near Westerville, Columbus, or wherever you plan to buy.

Hero Loans offer tailored benefits that standard loans don’t, such as reduced costs and community-specific perks. If you’re an eligible hero, this type of loan can make buying a home in Ohio more affordable while honoring your service.

In Ohio, a First-Time Homebuyer Loan is designed to help those purchasing their first home with lower down payment options and flexible guidelines. Rob Slayton connects new buyers with programs that make homeownership more accessible across Ohio, including Franklin and Delaware counties.

Ohio offers several DPA options, including grants and second mortgages that don’t need to be repaid if you stay in the home for a certain time. Rob will guide you through programs like the Ohio Housing Finance Agency (OHFA), which supports eligible buyers statewide.

Yes, in Ohio you may still qualify as a “first-time buyer” if you haven’t owned a home in the past three years. Rob will assess your situation and help you explore all available paths.

A Conventional Home Loan in Ohio is a mortgage not backed by a government program. These loans often have stricter credit and income requirements but come with competitive rates and flexible terms. They’re ideal for well-qualified buyers looking to purchase or refinance in Ohio.

Most Ohio borrowers put down 5 to 20 percent, but some first-time buyers may qualify for as little as 3 percent down. Rob helps you weigh your options to find what works for your budget and long-term plans.

Yes, conventional loans are available across all types of Ohio communities, from cities like Columbus to smaller towns like Sunbury and Powell. They’re a flexible option for both primary residences and investment properties.

FHA Loans are government-backed mortgages designed to help more people qualify for homeownership. In Ohio, they’re popular with first-time buyers and those with lower credit scores or limited savings. Rob can help you understand if FHA is the right path for you.

FHA Loans require as little as 3.5% down in Ohio. You can use gift funds or down payment assistance programs to help meet this requirement — something Rob frequently helps clients coordinate.

Yes, FHA Loans can be used for condos and 2–4 unit homes in many Ohio markets. Rob ensures the property meets FHA guidelines and helps you navigate the approval process.

VA Loans are available to eligible veterans, active-duty service members, and certain surviving spouses. If you have a Certificate of Eligibility (COE), Rob Slayton can help you use your VA benefits to buy or refinance a home anywhere in Ohio.

No, VA Loans typically offer 100% financing with no down payment required — a major benefit for eligible Ohio buyers. Rob helps ensure you take full advantage of this zero-down opportunity.

Absolutely. VA Loans are accepted across all Ohio counties, including Westerville, Reynoldsburg, and Gahanna. Rob will help you navigate local appraisals, property requirements, and VA-specific guidelines.

A Jumbo Loan is used when your mortgage exceeds the conforming loan limit set by Fannie Mae and Freddie Mac. In Ohio, that limit is generally $766,550 (as of 2024), though it can vary by county. If you’re purchasing a high-value home in areas like Powell or New Albany, Rob Slayton can help you explore Jumbo options with competitive rates.

Jumbo Loans typically require stronger credit, more assets, and a larger down payment. Rob works closely with well-qualified buyers across Ohio to secure approval and avoid common delays tied to large loan amounts.

Yes, Jumbo Loans can finance primary homes, second residences, and even some investment properties. Rob will help ensure the structure of your loan meets both lender and property-specific requirements in Ohio.

Yes, self-employed borrowers can absolutely qualify. Lenders just verify income differently, often using tax returns, bank statements, or P&L statements. Rob specializes in helping Ohio entrepreneurs, freelancers, and business owners find loan programs that make sense for variable income.

It depends on the loan type. Conventional and FHA loans typically require two years of personal and business tax returns. Alternative programs may only need 12 to 24 months of bank statements. Rob will help you prepare the right documentation upfront to keep your approval on track.

Yes. Non-QM loans, bank statement programs, and P&L-based loans can be used when traditional documentation isn’t available or doesn’t reflect your full income. Rob will guide you to the best solution for your unique financial situation.

A Non-Qualified Mortgage (Non-QM) Loan is designed for borrowers who don’t fit traditional mortgage guidelines — including self-employed individuals, investors, and those with complex income. Rob helps Ohio residents access flexible Non-QM programs without needing to meet conventional loan criteria.

Non-QM Loans offer more flexibility, so credit score requirements are often more lenient than with traditional loans. Rob helps review your overall financial profile to match you with the most forgiving terms possible.

Yes, Non-QM Loans are available for both purchases and refinances. They’re a great fit for people who may have experienced a credit event, are newly self-employed, or who need creative solutions not offered by major banks.

A Bank Statement Loan lets self-employed Ohio borrowers qualify for a mortgage using 12–24 months of business or personal bank statements instead of tax returns. Rob works with lenders that offer these flexible options, ideal for entrepreneurs whose net income is reduced by deductions.

Yes, Bank Statement Loans can be used for single-family homes, condos, and even investment properties. Rob will help ensure the property type and usage align with lender guidelines.

Down payment requirements usually range from 10% to 20%, depending on your credit profile and loan size. Rob will walk you through the best available terms based on your bank activity and financial goals.

Rob offers several financing options for investors in Ohio, including Conventional Loans, DSCR Loans (based on rental income), and Non-QM programs. Whether you’re buying a single-family rental in Westerville or a multi-unit in Columbus, there’s a smart solution available.

Not always. DSCR Loans (Debt Service Coverage Ratio) allow you to qualify based on the property’s rental income instead of your personal income. This is ideal for real estate investors focused on cash flow and portfolio growth.

Yes, in many cases. If the property has a history of short-term rental income (like Airbnb), Rob can help you use that to qualify. He’ll match you with a lender that understands the local market and investment strategy.

Yes. ITIN Loans are specifically designed for foreign nationals living in the U.S. without a Social Security Number. If you have a valid Individual Taxpayer Identification Number (ITIN), Rob Slayton can help you explore home financing options in Ohio that don’t require a traditional credit history.

ITIN Loan requirements vary, but most lenders will want to see your ITIN, valid government-issued ID, two years of tax returns (filed with your ITIN), and proof of income. Rob can walk you through the documentation and ensure everything is properly submitted.

Absolutely. Whether you’re buying in Columbus, Gahanna, or Worthington, ITIN Loans are available throughout Ohio. Rob works with lenders experienced in helping non-citizens secure financing to become homeowners.

These loans are designed to finance the building of a new home or major renovation of an existing one. Rob Slayton helps buyers in Ohio secure construction-to-permanent loans and renovation mortgages that combine purchase and upgrade costs into a single solution.

Yes. Renovation loans like FHA 203(k) or Fannie Mae Homestyle let you buy and renovate a home using one mortgage. Rob can help you finance projects in areas like Reynoldsburg or Sunbury where inventory may need updates.

Construction loans are issued in phases based on the building timeline and often convert into a traditional mortgage once the home is complete. Rob will guide you through each step, including builder approvals and budget reviews.

USDA Loans are designed for homebuyers in rural and suburban areas with moderate incomes. Backed by the U.S. Department of Agriculture, these loans offer zero down payment options for eligible homes and borrowers. Rob helps Ohio families determine USDA eligibility and navigate the application.

No, they’re limited to USDA-designated rural areas. That said, many communities near Columbus, including parts of Sunbury and Powell, qualify. Rob will verify eligibility for your target property.

Income limits vary by county and household size, but typically range from $110,000 to $150,000. Rob uses your household income and area to see if you qualify for 100% financing through this program.

Home Select is a tailored loan program that helps Ohio homebuyers with moderate incomes access affordable financing, often with down payment assistance and more forgiving credit requirements. Rob Slayton helps match eligible borrowers with Home Select options through programs like OHFA.

Yes, Home Select can often be combined with other down payment assistance or grant programs. Rob will structure your loan to maximize the benefits and reduce upfront costs.

Eligibility is based on income, credit, and location. It’s ideal for buyers who don’t qualify for traditional loans but don’t meet the lower thresholds for other assistance programs. Rob will walk you through your options based on your situation and where you plan to buy.