First Time Home Buyer Tips: The Loan Process Explained

https://www.madisonmortgageguys.com/

Cory Kessenich with Inlanta Mortgage gives a simple overview of the process of mortgage lending.

This video is meant to help first time home buyers understand the approval process and what to expect in today’s market. The lending process is so detail orientated there is no way to give you all of the information in one video.

Since qualification requires so many components it’s important to work with a mortgage professional that is experienced.

Resources:

First Time Home Buyer Programs:

https://www.madisonmortgageguys.com/programs/first-time-home-buyer/

The Loan Process:

https://www.madisonmortgageguys.com/loan-process/

Avoid These Mistakes After You Apply For a Mortgage:

https://www.madisonmortgageguys.com/using-conventional-mortgage-buy-home-avoid-mistakes/

Steps for Handling Bank Accounts Prior to Home Purchase:

https://www.madisonmortgageguys.com/announcements/how-to-document-assets/

Visit us online at https://www.madisonmortgageguys.com/

Cory Kessenich
Mortgage Consultant
Direct: 608-448-6201
Toll Free: 877-240-5810
cory.kessenich@madisonmortgageguys.com 

https://www.madisonmortgageguys.com

http://wisconsin.realestatemortgageblog.com/

NMLS ID #208789
Inlanta NMLS ID #1016

Inlanta Mortgage is a mortgage banker licensed in Wisconsin, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire and Vermont. We offer USDA Rural Housing loans for purchase and refinance transactions. Pre-qualify today! https://www.madisonmortgageguys.com/apply/

25 thoughts on “First Time Home Buyer Tips: The Loan Process Explained

  1. We aim to talk about topics that can be helpful for people, even if it is
    in a general way. Educating yourself when thinking about mortgage financing
    is very important. We have several more videos covering all types of
    mortgage financing. Thanks for the compliment!

  2. Your credit score would be affected by those past issues. The best thing to
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  3. I now fully understand the specifics of loan thanks to this video. Thanks
    for the tips!

  4. *First Time Home Buyer Tips: The Loan Process Explained*

    +Cory Kessenich gives a simple overview of the process of mortgage lending.

    This video is meant to help first time home buyers understand the approval
    process and what to expect in today’s market. The lending process is so
    detail orientated there is no way to give you all of the information in one
    video.

    Since qualification requires so many components it’s important to work with
    a mortgage professional that is experienced.

    First Time Home Buyer Tips: The Loan Process Explained

    #RealEstate #Mortgage #MortgageUpdated 

  5. *First Time Home Buyer Tips: The Loan Process Explained*

    +Cory Kessenich gives a simple overview of the process of mortgage lending.

    This video is meant to help first time home buyers understand the approval
    process and what to expect in today’s market. The lending process is so
    detail orientated there is no way to give you all of the information in one
    video.

    Since qualification requires so many components it’s important to work with
    a mortgage professional that is experienced.

    First Time Home Buyer Tips: The Loan Process Explained

    #RealEstate #Mortgage #MortgageUpdated 

  6. Good Video! A prospective home buyer should get pre-qualified for a
    mortgage before they start shopping for homes. There is no other way of
    finding out if you are a qualified buyer, and for what priced homes you are
    qualified to make offers on.
    Prospective home buyers should check with at least 3 different Lenders/
    Mortgage Brokers as to what rates and programs they are offering for first
    time home buyers before choosing who they will use to finance their home
    purchase.

  7. Question: Im fixing my credit and I have a derogatory mark but my credit
    score is 720 . Does that mean I won’t get approved for a loan?

  8. Very very helpful… We have submitted the paints and are waiting to hear
    back from. The underwriters. I now understand the process that we are in
    thanks to your video! 

  9. My buyer agent is pretty adamant about using his preferred lender. I on the
    other hand want to pick my own lender. After all, it’s going to be my name
    on the mortgage. Comments? 

  10. I am at the underwriting and appraisal stage the realitor said I can close
    early if I wanted to how long does the process from underwriter to approval
    take the bank we r using is wells Fargo the woman I spoke with aka
    underwriter said 4 weeks when our closing date is and everyone I have
    watched says a few days ? It’s driving me crazy happy one minute upset the
    next and always different answers from everyone just want to know the truth
    so just a time frame from everything being submitted for approval and the
    appraisal to the letter stating it’s a proved and I can close early. Thanks
    ur video helped alot 

  11. This is really a helpful video for first time home buyers. Nice tips!

Comments are closed.