Remove Earnest money deposit Remove FHA loan Remove Proof of funds
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Are HUD Homes a Good Deal? How to Tell If the Properties Are a Fit

HomeLight

The mortgage insurance protects lenders in case the buyer defaults on the loan, allowing those lenders to serve more borrowers. Buyers with lower credit scores or lower down payments can sometimes get an FHA loan even if they can’t get approved for a conventional loan. Next, explore financing options.

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How to Buy a House in 15 Steps: The Ultimate Guide

Redfin

Jumbo loan: Also known as non-conforming loans, jumbo loans exceed the limits set by conforming loans. These loans are typically issued for more expensive homes and come with stricter qualification requirements. What’s an earnest money deposit? What is a home inspection contingency?

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An Agent Guide to Writing a Home Offer Letter (+ Templates)

The Close

PARAGRAPH VERSION copy to clipboard We are prepared to offer [offer amount] for the property with [earnest money amount] as an earnest money deposit. Optional: earnest money calculation explanation.] If the offer is cash, submit redacted proof of funds to strengthen the offer further.