HomeLight

AUGUST 16, 2021

First-time homebuyer loans can help make it easier on first-time homebuyers , offering access to special mortgage programs with low down payments. Note that for government-backed first-time home-buyer loans such as FHA or USDA, it’s not just the buyer that must qualify, but the home, too — so check the requirements for your specific mortgage.

Loans 97

Loans VA loan FHA loan Purchase and sale agreement 97

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. – Gary Giffin | Redfin Partner Agent, AARE 2.

Pre-approval 58

Pre-approval Agents Pre-qualification Debt-to-income ratio 58

HomeLight

NOVEMBER 16, 2021

Through the Home Partners program, prospective rent-to-own homebuyers start by filling out a pre-qualification application. Home Partners is affiliated with various brokerages and can get them connected to a Realtor®. For many would-be homebuyers, saving for a down payment is a challenging proposition. Home Partners.

Purchase and sale agreement 83

Purchase and sale agreement Pre-approval Debt-to-income ratio Pre-qualification 83

The Close

DECEMBER 29, 2022

Make sure clients who see an acceleration clause in their mortgage contracts understand that this allows their lender to demand repayment of the loan in full if they default on the loan. 4 Loan Questions Worth Asking. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97