Tuesday, November 30, 2021 / by Sarai Diaz
Do you need to put 20% down?
This is Josh Orrantia with Country Real Estate. Welcome to our Wizard Wednesdays. This is our opportunity to take real estate and break it down into a 101. So it's very easy for all of you to understand.
A lot of misconceptions out there on what you have to have, what your credit score should look like, what kind of money you should have in the bank what kind of loans are available and how do you get those? We can talk a little bit about how you project looking at rates and we'll talk about what rates mean in this conversation as well.
What is the most important thing or what are the most important things when you get a loan? What do you have to have ready to go when you talk to a loan officer?
Well, the most important thing in getting pre-approved for a loan is starting early in the process So the biggest mistake I see buyers make is that they just assume that they'll be able to get a loan. It happens so often that the buyer spills out the application, sends over the documents ...
A lot of misconceptions out there on what you have to have, what your credit score should look like, what kind of money you should have in the bank what kind of loans are available and how do you get those? We can talk a little bit about how you project looking at rates and we'll talk about what rates mean in this conversation as well.
What is the most important thing or what are the most important things when you get a loan? What do you have to have ready to go when you talk to a loan officer?
Well, the most important thing in getting pre-approved for a loan is starting early in the process So the biggest mistake I see buyers make is that they just assume that they'll be able to get a loan. It happens so often that the buyer spills out the application, sends over the documents ...