All my loan officer friends are going to direct message me about this video.
They are going to tell me that they have special first time home buyer programs that are being offered and that I don't know anything about loans.
Here is what I do know: a buyer's offer better say that the loan they are utilizing to purchase the property is either a conventional or FHA loan.
The reason why is because most agents only understand those 2 types of loans.
So if the contract says any other type of loan, good luck getting it accepted.
Do you know how hard it is to convince a listing agent that your buyer using a VA loan will not have any trouble closing escrow?
It's almost impossible!
And VA loans are a very well known type of loan... it's just not used very often in #LosAngeles.
Imagine trying to use some other type of exotic loan that the agent has never heard of...
Oof... forget about it!