𝗛𝗼𝘄 𝘁𝗼 𝗖𝗵𝗼𝗼𝘀𝗲 𝗧𝗵𝗲 𝗥𝗶𝗴𝗵𝘁 𝗟𝗼𝗮𝗻 𝗳𝗼𝗿 𝗬𝗼𝘂!? 🤔🏡
What loan is right for you? How do you choose the best offer as a seller? Find out!
When a ????? applies the lender is going to look at the entirety of their financial picture.
This includes:
-What their credit score is.
-What the history of their credit has been.
-What assets they may have. ![]()
-What their job history looks like.
-Are they self-employed or not.
They will then be placed in a loan product that makes the most sense for their short term and long term financial goals.
??? ?????: Is a government backed loan. It offers more flexibility to buyers. Business owners could be more likely to use FHA given the amount of assets they currently possess.
???????????? ?????: Generally has higher credit score and reserve requirements. As well as lower debt to income requirements.
???????????? ?????: May require a termite inspection, and higher or different requirements for the appraisal.
For ??????? looking at offers in front of you, it is important to understand that you are only seeing a very small amount of context into a buyer’s financial portfolio.
?????? ??? ????? ????????? ?? ???! ![]()
-Does this buyer have a plan B if the appraisal doesn’t come through?
-Does the buyer have the assets to complete this transaction if the home doesn’t appraise?
Allison CelesteMovement Mortgage:
Allison.Celeste@movement.com
832-545-9654
??????? ?? ????? ??? ? ???? ?????? ?????? ?? ??????? ????????????.
info@bridgegrouptx.com | 281-785-1456 ![]()
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