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What Every Loan Officer Wished Their Home Buyers Knew

Why a Home Buyer Should Consider a Realtor Recommended Mortgage Lender Your real estate agent wants your transaction to close smoothly, without hiccups or surprises, and one of the biggest factors of buying a home is the financing end of the arrangement.

 · Remember, the lender is the appraiser’s client. Yeah you pay for it, it is a cost of wanting to borrow the money, but the lender is the client. However, I doubt that ANY lender will give an 80% lot loan, much less 95% financing. Most land/lot loans are 75% at best, with a 7 year balloon.

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 · John Neil is a loan officer that is passionate about his profession. His goal with every transaction is to make a customer for life. The result is that 95% of his business comes from referrals of satisfied clients. If you need a cache valley mortgage, you can contact John at 435-770-2709.

I suffered in the buy-to-let boom and subsequent crash, when my rented home was repossessed because. affecting tenants into their 50s and 60s (if they can find anyone share with). Mortgage.

“I was a first-time home buyer thinking that everything was on the up and up,” said McDonald, 48, who declared bankruptcy in 2009. “At any minute, we could be out on the street. It’s heartbreaking. It.

It is true that preliminary mortgage approval is an essential first step in the home buying process as real estate agents and sellers want proof of a buyer’s ability to secure a mortgage and bid on a.

Some first-time home buyers want to know why they should apply for an FHA mortgage when 100 percent VA mortgages and no-money-down USDA loan are available. The reason borrowers often choose FHA over these other home loan programs has much to do with eligibility for the individual type of loan.

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A couple of weeks ago I wrote an article What Every Mortgage Originator Wish Their Home Buyers Knew. It was wildly popular article and I thought I would follow up with What Every Home Inspector Wished Their Home Buyers Knew. As part of the home buying process you should have a home inspection.

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