You will of course also be giving them the next action steps to get preapproved ("talk to my LO Sally, here's her cell phone app where you can schedeule an appointment RIGHT NOW to meet with her!"

I was quite literally a hair away from my first LO deal but I hesitated taking the offer because the seller wanted to essentially split the LO fee.

Hi Josiah,It's not really possible to speculate without seeing all your tax forms, but that doesn't "feel" like it should be a dealbreaker assuming the LO has worked with scenarios like that before...

Assuming what's normal in CA is the same in Ohio, there's no difference between lenders for these types of programs, so you just work with the LO you're comfy with and you're good to go.California examples: GSFA and CalHFA.Another option, independent mortgage brokers are not allowed to set different margins by loan type the way banks are allowed to do (guess who has the better lobbyists).

Recently graduated from college and got my LO license here in WA state.

Entrance and exit strategy numbers:1 - cost to get into a market (for sale listings)2 - Cost to get out fast (Sold comps)3 - Cost to get out s..l...o...w....

I myself would have a hard time getting a Fannie loan right now because this year I switched from retail LO w/ a W2 to wholesale mortgage broker w/ 1099 to be able to offer the better rates, doesn't matter that it's 98% the exact same job.

@Jay Lo you need to talk to a local have contractor the size and layout of your units will determine your how much air you need to move.

Federal law says there has to be an LO, so I'm there no matter what.

People you won't find at your local big bank branch or by calling these "big" VA lenders where you will talk to a call center LO that was working at Jiffy Lube 6 months ago.TYFYS, and best of luck!