131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023
The Close
DECEMBER 29, 2022
Jumbo loans generally require stricter qualifications, higher credit scores, and higher income and/or cash reserves. Pre-approval. However, your clients need to know the difference between pre-approval and prequalification (see below). Proof of funds. These funds must be liquid, not stocks or bonds.
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