Mortgage 101 : Stronger Transactions

The mortgage process in simple, practical terms and focus on the things agents are most likely to encounter in real world transactions. • Conventional, FHA, VA & USDA Basics – Understand the primary loan options, who they may work best for, and important differences agents should know. • Pre-Qualification vs. Pre-Approval vs. Underwritten Approval – Learn what each level of approval actually means and why it matters when a buyer is preparing to make an offer. • Credit Basics – Understand the key credit factors lenders review and how credit can affect qualification, buying power, loan options, and pricing. • Financing Contingencies & Deadlines – Learn the important financing timelines within a transaction and how agents and lenders can work together to protect the buyer and keep the deal moving. • Behaviors That Can Kill the Deal – Learn the common mistakes buyers make after getting approved, including opening new credit, making large purchases, changing jobs, moving money around, or delaying requested documentation.