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Does the Loan Type Matter?
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In this episode of the Get Me Ready to Sell podcast, we will discuss the different types of loans available with guest George Sago, vice president of mortgage at Bank Plus. We focus on how these loan types can impact sellers when considering offers. FHA loans, for example, may require more stringent appraisals and inspections, whereas conventional loans are more lenient. It's important for sellers to be aware of the potential differences and understand the specific requirements of each loan type before making a decision. Communicating with your listing agent and asking questions can help ensure a smooth selling process.
- 3:52 - FHA Loans
- 5:16 - Conventional Loans
- 8:26 - VA Loans
- 16:24 - USDA Loans
- 26:25 - Why this Matters
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