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