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How to Use Your Assets to Qualify for a Home Loan
6 months ago
212
💰 Did you know your assets play a major role in mortgage approval? In this video, we break down how lenders evaluate your cash, investments, and other assets to determine if you qualify for a home loan.
📌 In this video, you’ll learn:
✔️ What lenders consider as assets (Cash, investments, retirement accounts, etc.)
✔️ How to use gifts of equity, HELOCs, and seller concessions
✔️ How to leverage your 401(k) for a down payment (without penalties!)
✔️ Ways to cover closing costs using nontraditional assets
🏡 Thinking about buying a home? Make sure you understand how assets affect your approval!
🔔 Subscribe for more mortgage tips!
#MortgageApproval #HomeBuyingTips #MortgageAssets #DownPaymentHelp #HomeLoanApproval #FirstTimeHomeBuyer
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