Loan Programs

There are many different loan programs available to buyers. It is important for both buyers and sellers to have a good understanding of the different loan programs available.

Buyers need to carefully choose the right loan program to meet their goals. The loan you qualify for will determine the amount you can afford. Some loan programs can restrict the type or condition of property you are eligible to purchase, while some programs are more desirable to sellers. The Tim Sova Team can help you find a lender.

Sellers also need to understand which loan programs are preferential when there is more than one offer on the table, or whether the buyer's loan is compatible with the condition of the home. In addition, it is vital to ensure that the buyer is currently pre-approved. We can contact the lender for you to make certain that the buyer is actually pre-approved and not just pre-qualified.

Contact us today to learn more about loan programs.