Redfin Southern East Bay Home Buying Class

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Redfin Southern East Bay Home Buying Class

  1. 1. Slide 1 of 55 Redfin’s Southern East Team June 27, 2013 Host: Bita Salamat Follow: @Redfinbayarea Like: http://www.facebook.com/Redfinbayarea
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  16. 16. Slide 16 of 55 Income oSalary—Past 30 days oHourly—Consistency and history oSelf-employed—Two year average Assets o Down Payment o Closing Costs o Cash Reserves Credit o640 for FHA o680 for Conventional o720 for Rate Improvement
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  24. 24. Slide 24 of 55 o o o o o Good news! Loan payments are made in arrears, so your next loan payment will not be for almost two months!
  25. 25. Slide 25 of 55 *In no way does Redfin benefit financially from recommending lenders – we just think they’re great lenders!
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  27. 27. Slide 27 of 55 Let’s Get Started!
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  30. 30. Slide 30 of 55 Highlights of Redfin’s Site ● ● ● ● ● ● ● ● ●
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