Pam Mathewson - New American Funding

06/04/2026

VA loans are one of the most powerful homebuyer benefits available. 🏡 No down payment, no PMI, and flexible options for eligible military families. Don’t let outdated myths stop you from becoming a homeowner. Learn how your VA benefits could help make homeownership more affordable today. ✨

06/03/2026

How much house can you afford?! 👇

A good starting point is the 32% rule — meaning around 32% of your gross income goes toward your housing payment.

Using 10% down, 6.3% interest, and estimated taxes/insurance, here’s an example of what that could look like:

$300K home → ~$85K income
$400K home → ~$113K income
$500K home → ~$142K income
$600K home → ~$170K income
$700K home → ~$198K income
$800K home → ~$227K income

But here’s the interesting part... you can often technically qualify for more. Lenders may approve closer to 50% of your gross income (minus debts):

$300K home → ~$54K income
$400K home → ~$72K income
$500K home → ~$91K income
$600K home → ~$109K income
$700K home → ~$127K income
$800K home → ~$145K income

The goal isn’t to max out your approval. The goal is finding a monthly payment that still lets you live your life comfortably. Because the right number isn’t my comfort level… it’s yours.

Disclaimer: Examples above are estimates only. Actual affordability can vary based on taxes, insurance, HOA dues, interest rate, location, loan program, and existing monthly debt.

06/02/2026

That's what I am here for!!

06/01/2026

5.0 star review received on Experience.com for Pam Mathewson by Deb A - Communication was always top notch. We had answers BEFORE we had questions. Everything was done timely and professionally.

Click to see all 799 reviews of New American Funding - Pam Mathewson, Loan Consultant | NMLS # 1795579

06/01/2026

5.0 star review received on Experience.com for Pam Mathewson by Stephanie J G - Pam was incredible to work with- as first time homebuyers we were lost, and Pam helped us through step by step. We always felt supported and encouraged along the way, and we have already recommended Pam to others who might think about moving to Minnesota. NAF made the process smooth and clear cut, and we were very pleased with the online experience.

Click to see all 798 reviews of New American Funding - Pam Mathewson, Loan Consultant | NMLS # 1795579

06/01/2026

Prequalified and preapproved are NOT the same thing. 🏡 A prequalification gives you a general estimate of what you may qualify for using basic financial information. A preapproval goes deeper by verifying your finances and can make your offer much stronger with sellers. 🔑

If you’re serious about buying this season, getting preapproved can help you shop with more confidence and clarity.

05/30/2026

Successful closing ✔️

Nothing better than working alongside people who truly care about the clients and make the process enjoyable along the way.

Until next time, my friend 😂

05/29/2026

Some things I say as a Loan Officer might sound a little dramatic… but I promise there’s a reason behind them 😅

Getting pre-approved before you start shopping helps you understand your budget before you fall in love with a home.

Looking at your monthly payment — not just the purchase price — gives you a clearer idea of what actually fits into your day-to-day life.

Holding off on big purchases before closing helps protect your approval, even when buying furniture feels like the fun next step.

And sending documents upfront? That helps avoid delays, surprises, and last-minute stress.

The goal isn’t to make the process complicated. It’s to help you feel prepared, informed, and confident when the right home comes along.

Thinking about buying soon? Let’s talk through your options and next steps.

05/28/2026

First-time homebuyer fear is more common than you think. 🏡 Many buyers worry about credit scores, down payments, or qualifying for a mortgage, but there are more loan options available today than most people realize. At New American Funding, we’re here to help guide you through the process with clarity and confidence every step of the way. Buying your first home starts with understanding your options and having the right team beside you.✨