Choose the Right Loan

Join us on the latest episode of the Get Me Ready to Buy podcast as we delve into the topic of loans with our guest, George Sago, the Vice President of Mortgage at Bank Plus. In this episode, we will explore the various types of loans available and how they can impact sellers when considering offers. One key aspect we focus on is the contrasting requirements between FHA and conventional loans. For instance, FHA loans often necessitate more rigorous appraisals and inspections, while conventional loans tend to have more flexible guidelines. As sellers, it is vital to be well-informed about these potential disparities and familiarize ourselves with the specific criteria associated with each loan type prior to making any decisions. Clear and open communication with your listing agent, as well as proactive questioning, can contribute to a seamless selling process.

• 3:52 - FHA Loans
• 5:16 - Conventional Loans
• 8:26 - VA Loans
• 16:24 - USDA Loans
• 26:25 - Why this Matters