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WHY SOME REAL ESTATE AGENTS JUST ASK FOR THE 20% DOWN AND NEVER SAID SOMETHING ABOUT FHA PROGRAMS

Profile picture for OVNI25SFO
WHEN THEM DONT SAID ABOUT THE FHA PROGRAM  IS LIKE THEM THRO AWAY YOUR DREAM  TO TRY  I BUY HOUSE
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February 14 - Fairfield
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Profile picture for wetdawgs
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Since January 2009

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.


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February 14
Profile picture for CORONA NICK
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Since October 2009

RE agents are not Loan officers, therefore are not the most knowledgable on the subject.
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February 14
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The Leonardo Team

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Since October 2009

Hi Ovn,

Mortgages and financing advise are better answered by mortgage broker.
Just my suggestion.
leonardo
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February 14
Profile picture for NewHomeNotebook
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.
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February 14
 

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