Marco Santarelli

FEBRUARY 7, 2025

Let's delve into the critical factors that set the 2025 housing market apart from the pre-crash era. Reckless construction and speculative buying led to a surplus that couldn't be sustained when the economy faltered. Work with a reputable lender to get pre-approved for a mortgage.

Pre-approval 87

Pre-approval Marketing Debt-to-income ratio Lending 87

HomeLight

FEBRUARY 12, 2021

As a seller, you’re usually not taking on additional risk by accepting an offer from a buyer pre-approved for an FHA loan than you would with a buyer pre-approved for a conventional loan. Defective paint surfaces in homes constructed pre-1978. of all mortgage originations. down payment. Foundation damage.

FHA loan 111

FHA loan Loans Pre-approval Pre-qualification 111

HomeLight

JUNE 27, 2022

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. We’re going to equip you with the top dos and don’ts of buying new construction. The dos of buying new construction. Decide on the type of new construction you want.

New Construction 105

New Construction Construction Inspection Pre-approval 105

HomeLight

AUGUST 31, 2021

Only lenders that have been approved by the FHA can offer 203(k) loans. All repairs must be planned, specified, and approved in advance. Your debt-to-income ratio should not exceed 43%, including current debts plus future mortgage costs. Completed repairs must be inspected by a HUD-approved inspector.

Loans 104

Loans FHA loan Pre-approval Finance 104

Redfin

JUNE 14, 2023

Get pre-approved from a lender Getting pre-approved from a lender is equally important with several significant benefits. Zoning restrictions may limit the type of construction, setback requirements, and height restrictions to preserve the character and integrity.

Pre-approval 59

Pre-approval Debt-to-income ratio Closing costs Title 59

The Close

DECEMBER 29, 2022

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. This works in your client’s favor if they are collecting on investments, but against them when applied to debt. Construction loan. Debt-to-income ratio (DTI).

Purchase and sale agreement 98

Purchase and sale agreement Title Pre-approval Proof of funds 98