21min chapter

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

Real Estate Rookie

CHAPTER

Navigating the Mortgage Application Process

This chapter covers the initial mortgage application meeting, the shift towards soft credit pulls, and the steps after getting pre-approved for a mortgage. It delves into the mortgage approval process, differences between brokers and direct lenders, non-conventional loan products, and alternative financing options for unique financial situations. The discussion also touches on current real estate market challenges, the Federal Reserve's cautious approach, and predictions for mortgage rates.

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