"Qualification restrictions are not as great as in conventional financing.

You can work with others as a team and meet these qualifications together.

Now as you know there isn't just 1 rate available because your qualifications fit into "this box" You have 4.125%, 4%, 3.99%, 3.875% ect.so for example - primary home 400k purchase price - 20% down - 320k loan amount 740 fico (top tier) The free rate or zero point rate would be 3.5%.

After the pre-qualification stage, will the lender run my credit report a second time to make certain things haven't changed?

@Stephanie Medellin what are the qualifications with some of these lenders that are doing a cash out refi at 95%?

You'll find a plethora of companies selling the same loans for 7%-8% that you could be getting in the mid 5% range on a 30 year fixed mortgage with the same qualifications if you talk to the right person. 

That's really a pre-qualification - which is useless, because the seller/seller's agent has no idea if you can actually finance the property.The last Quicken pre-approval I dealt with was issued at $380,000. 

This is especially true with the tenant friendly laws in Chicago and Cook County which the following pertains to:In your apartment advertisement, don't include any criminal background qualifications/exclusions. 

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

How do I know if I qualify for an FHA loan? Here is the story. We bought a house in 2005 and I was the co-borrower with my spouse. We again bought another house in 2017 as a co-borrower. I never was the primary loa...