Mortgage 101 for Realtors

Join us for an informative session on mortgages tailored specifically for realtors. This in-person event will take place at 1 Chase Corporate Dr. Whether you're a seasoned pro or new to the industry, this event will provide valuable insights and tips to help you navigate the world of mortgages with confidence. Don't miss out on this opportunity to expand your knowledge and network with fellow professionals!

Info: Here are the top 4 mortgage loans going right now.


1. Down payment assistance. They are 100% financing loans. They are about half of every loan officers production right now. They can go to 104% loan to value, so if you have a USDA/VA loan and need some help with closing cost

Because the seller won’t budge and pay all of it. (lots of people without savings after the past four years) FHA/Conforming loans are regular. We just finance the down payment. Easy peezy.

2. FHA and conforming loans. So my rule of thumb is under 700 credit score FHA, over it I like to see if I can go conforming. Conforming loans also offer income based grants. RATE offers a 2% grant

On a conforming loans and only need 1% down and no need for a down payment assistance loan.

3. DSCR loans – These are rental loans. Short term (VRBO/AIRBNB) or long term. We use the rental income to cover the new mortgage payment. These are easy and fast for investors.

4. Renovation financing.