State Laws and Requirements Local Laws: Real estate is generally governed by the laws of the state where the property is located.

I did a YouTube video of it as well and was actually surprised how easy it was to complete compared to a typical government form

Why do you think purchase contracts are so long and have such small print?

We also charge an underwriting fee which includes reviewing the entire file, cost for appraisals and credit checks etcYou also can thank your state or federal government for creating additional layers such as licensing for business loans which to me is stupid.

The government makes sure it gets paid.To Your Success!

Why do you think purchase contracts are so long and have such small print?

Insurance is going to get more expensive, the government wants to keep people in homes, home equity financing is only growing in popularity, multiple generations are living under the same roof more, and all of those trends are going to lead to changes in how tax law is used and possibly the law itself.

Thereby keeping the government’s hand off your family’s money. 

Some of these HML websites have a "print preapproval" button where you just fill in your desired dollar amount and down payment, and boom here's a PDF.

I have invested as a LP in apartment communities where there is a partnership between a government agency and the ownership group to provide affordable housing in exchange for tax abatements and long-term, low-rate government funding.