Redfin

MARCH 28, 2023

Get pre-approved for a loan before starting your home search The best advice I can give new buyers is to get pre-approved. Set up a meeting with your bank or mortgage lender and submit all the financial documents they request so they can pre-approve you.

Pre-approval 59

Pre-approval FHA loan Loans Agents 59

HomeLight

AUGUST 16, 2021

This loan backed by the Federal Housing Administration is ideal for those with low savings or a just-OK credit score. You can qualify for loans with as little as 3.5% That said, some of these loan programs make you a more attractive buyer than others. “If Here are a few of your options.

Loans 105

Loans VA loan FHA loan Purchase and sale agreement 105

Redfin

APRIL 7, 2023

Get pre-approved for a mortgage My advice to first-time homebuyers is to find a good loan officer and get pre-approved, fully underwritten approval is best. Work with that loan officer and their agent to understand what timeframes they’re comfortable with in an offer.

Pre-approval 59

Pre-approval Agents Pre-qualification Debt-to-income ratio 59

The Close

APRIL 28, 2022

The first thing I noticed when pulling up to the home was that the seller had chosen a limited-service brokerage that charged a low flat fee for the listing service and offered a co-op commission to a buyer’s agent. The challenge with this strategy arises when your buyer needs a mortgage loan.

Rent back 105

Rent back Closing costs Finance Agents 105