1. Some are by Mortgage Brokers who make the loan and then sell it
2. Are quite varied: Fixed, Adjustable, Variable, Balloon = choices
3. Key players deliver on time for closing
4. Look for junk fees from some
5. Technology speeds this process to a matter of hours
6. Many good programs for first-timers
7. Varied programs offer no or low documentation
8. Credit worthiness is the star
9.
Your record of paying your debts is key
10. Bad credit can be overcome
11. May be sold which does not affect the terms of your
loan
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|
The Real Estate Lady &
Friends
features Michelle Robbins:Loan Originator |
| Question: I owned a house four years
ago...can I still somehow qualify as a First Time Home Buyer? |
| Answer: |
| Question: How long does it take to
get loan approval usually? |
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