Housing Wire

NOVEMBER 7, 2023

In the aftermath, one of the most contentious issues in the minds of mortgage professionals is how the ruling might affect FHA and VA mortgage borrowers. FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5%

VA loan 454

VA loan Agents Seller concession FHA loan 454

Housing Wire

APRIL 15, 2024

The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees. Department of Veterans Affairs seeking similar guidance on VA loans, but Sears said that letter remains unanswered.

Agents 529

Agents Seller concession VA loan Finance 529

Realty Biz

JANUARY 19, 2024

Research different types of mortgages available, such as conventional, FHA, or VA loans. Again, local market conditions determine whether you can get any seller concessions. Understanding the aspects of obtaining a mortgage, learning about interest rates, and managing down payments and closing costs are essential.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

HomeLight

JUNE 29, 2022

Different loan types have different guidelines and criteria that the appraiser must meet,” says Swecker. For example, the appraiser may have to find three comps for a VA loan, but for an FHA loan six comps may be needed within a half-mile.”. And they’re also concerned about a mortgage lender’s appraisal. City websites.

MLS 108

MLS Seller concession Agents Sales 108