Before first-time homebuyers pull the trigger on buying a new home, they should understand some common misconceptions in the credit reporting industry as they go through the prequalification and preapproval process. Here’s how agents can help.
Source: Inman News
5 credit myths to explain to first-time homebuyers
Published in Agent, Brokerage, Collection, credit history, credit repair, credit report, det, fist-time homebuyers, homebuyers, homebuying process, interest rates, preapproval, prequalification, Select, service and Vance Kellogg
More from AgentMore posts in Agent »
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Crack the code on social media: Now Streaming
- NAR scores a victory in buyer commission lawsuit
- FICO scores, magic phrases, earnings digs: Inman Top 5
More from BrokerageMore posts in Brokerage »
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Where else is Zillow not enforcing its private listing ban?
- All about the Benjamins: 5 things to know before throwing money at real estate problems
- Why independent brokerages matter more than ever amid real estate consolidation
- Alexander brothers denied motion to dismiss sex-trafficking charges
More from CollectionMore posts in Collection »
More from credit historyMore posts in credit history »
More from credit repairMore posts in credit repair »
More from credit reportMore posts in credit report »
More from homebuyersMore posts in homebuyers »
More from homebuying processMore posts in homebuying process »
More from interest ratesMore posts in interest rates »
- What’s driving multifamily’s market resurgence?
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- ‘Real estate is the sacrificial lamb of high interest rates’: Jason Oppenheim rants on the Fed
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- Embattled Fed Governor Lisa Cook says tariffs fueling inflation
More from preapprovalMore posts in preapproval »
- Want more buyers? Choose a mortgage advisor, not a loan officer
- Tomo enters 5 new states, launches real-time preapproval process
- Opendoor expands rapid preapproval app to 3 new states
- Senso uses artificial intelligence to help lenders identify homebuyers
- How agents can nab new inventory as moratoriums expire
More from prequalificationMore posts in prequalification »
More from SelectMore posts in Select »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
- Where else is Zillow not enforcing its private listing ban?
More from serviceMore posts in service »
- FICO scores, magic phrases, earnings digs: Inman Top 5
- All about the Benjamins: 5 things to know before throwing money at real estate problems
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
Be First to Comment