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Answers (4)
- wetdawgs
- Contributions:26854
A real estate agent shouldn't be attempting to answer mortgage questions. They should simply say they aren't qualified to answer. You can contact lenders through Zillow, or locally to get a better assessment of your ability to buy.
- CORONA NICK
- Contributions:2218
RE agents are not Loan officers, therefore are not the most knowledgable on the subject.
- The Leonardo Team
- Contributions:631
Hi Ovn,
Mortgages and financing advise are better answered by mortgage broker.
Just my suggestion.
leonardo
Mortgages and financing advise are better answered by mortgage broker.
Just my suggestion.
leonardo
- Joe Zekas, "NewHomeNotebook"
- Contributions:362
Simple answer: the real estate market was so strong for so long, and low-down payment financing was so widely available, that many real estate agents either never learned about the FHA programs or steered away from them because of the additional paperwork.
The agents weren't being devious, there was just little need for the FHA for a long time. That's changed.
The agents weren't being devious, there was just little need for the FHA for a long time. That's changed.
WHY SOME REAL ESTATE AGENTS JUST ASK FOR THE 20% DOWN AND NEVER SAID SOMETHING ABOUT FHA PROGRAMS
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