Updated about 7 years ago on . Most recent reply
Do I disclose information about funding?
I've recently contacted my old classmate who went into being a relator, about information in the buffalo area. I was looking to see the pricing of 4plex's in the area. She responded with she would love to help me and asked me have I talked to anyone about a budget yet. I don't want to sound dumb ( Im as fresh as it comes ) does she mean how im funding it such as a FHA loan, or like a traditional bank loan with 20% down.
Also does the relator need to know what kind of loan I go through, is it any of there business. I don't mind I just don't know if I should be telling them this information or it doesn't matter.
Also If I really want to do an FHA loan, should I tell my relator? I know houses have to meet a strict outline before they will approve it.