12min chapter

Real Estate Rookie cover image

409: Fundamentals of Funding: How to Get Approved for a Mortgage (Step-by-Step) w/Jeff Welgan

Real Estate Rookie

CHAPTER

Debunking Down Payment Myths and Exploring Loan Options

This chapter delves into misconceptions about down payments for mortgages, explores down payment assistance programs offering up to 105% financing, and discusses a specific nationwide program enabling up to 101.5% financing. It also covers the annual move-up strategy for investors, the role of loan officers in post-Great Recession markets, and the process of obtaining loans with an LLC instead of a personal name.

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