Just dropping a piece of real estate advice for anyone that’s been contemplating buying a house. Financing typically scares people off due to rejection and thinking that “no” is the end of their house hunt.
So, here you have it:
Minimum credit: 580 (can be lower but with that comes a higher down payment👎)
Down payment: honestly it’s typically 3.5% for FHA but can get many different assistance programs
Closing costs: let me negotiate that number to be ZERO $0 for you 🤭😉 Seriously, though.
Most importantly, 🖐don’t let a lender just tell you “no” without giving you the exact route to take to get you to a “yes”. I have had more clients be told “no” than “yes” but still ended up getting approved within 30-60 days because they were given a plan and followed it.
Which brings me to my next point. Go with a REPUTABLE lender. 👀 Research these people. Ask lots of questions (don’t be scared to do this). Check out their reviews. Make sure they’re local (that’s actually pretty important). And most importantly do NOT let them or an agent pressure or push you into a house or a loan type you’re not comfortable with. That’s typically the number one sign they’re not looking out for your interest as their client, but their own.
Reach out anytime with questions. I’m always more than happy to educate and not pressure ya 😉
call/text: 682.232.2323……………..or email………….firstname.lastname@example.org