The Mortgage Report

JUNE 9, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

FHA 203k rehab loan 40

FHA 203k rehab loan FHA loan VA loan Pre-approval 40

Redfin

JUNE 13, 2025

Real estate brokerages like Redfin make it easy to browse listings, get real-time updates, and schedule tours. Lenders generally prefer a DTI below 43%, indicating you can comfortably manage loan payments. If your ratio is higher, explore loan options like VA or FHA loans that accept higher DTIs.

Debt-to-income ratio 35

Debt-to-income ratio FHA loan Equity Loans 35

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

Rochester Real Estate

NOVEMBER 5, 2015

The more assets you have, the stronger your application will be making it easier to get an approval. Assets to be verified include bank statements, 401k and other retirement accounts, stocks or brokerage account statements, real estate owned and any other significant assets. Most have no pre-payment penalties.

Mortgages 52

Mortgages Banks Loans Pre-approval 52

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 Finance Closing costs Title 105