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 Step 5: Get preapproved for your loan. These are backed by the U.S.

Loans 99

Loans VA loan FHA loan Purchase and sale agreement 99

Windemere Buying

OCTOBER 18, 2021

Not getting pre-approved Getting pre-approved is a key component of the early stages of the buying process and will help to maximize your chances of getting your offer accepted. VA Loans can be a lifesaver for active service and veteran personnel, offering zero down payment and lower-than-average mortgage rates.

Pre-approval 52

Pre-approval Pre-qualification Debt-to-income ratio Inspection 52

HomeLight

AUGUST 16, 2021

While you’re in the preparation stages of buying a home, it’s a good idea to spend some time in the neighborhoods you might end up in. Did you know there are multiple types of home loans, and they all have different qualifications and unique features that work for certain buyers? Here’s a quick breakdown: Loan type.

Closing costs 103

Closing costs Purchase and sale agreement Inspection Loans 103