Here’s my full conversation with Khash on how buyers can navigate the market.

Today I’m speaking with my good friend Khash Saghafi from Liberty Home Mortgage. Khash is an experienced lending expert, so I thought he would be a great person to help me talk through the lending process. This is especially important in our crazy seller’s market. I recently heard a statistic that every home has an average of three buyers, and that’s probably a low estimate. Khash and I will give you all the important information you need to navigate this hot market. 

You can watch our full explanation above, or you can skip around using the timestamps provided below:

0:00 — Introduction 

1:23 — The different types of mortgages 

2:25 — Which mortgage should you choose?

3:38 — FHA versus conventional 

7:23 — PMI or MIP?

8:08 — The difference between pre-approval and pre-qualification 

9:15 — How long does it take to get pre-approved?

10:45 — Can I skip the inspection if I am FHA approved?

12:20 — How to get a home inspection without spooking the seller

14:59 — Can you qualify for a mortgage if you are in forbearance?

15:55 — Wrapping up

I’d like to thank Khash again for helping me answer these questions. If you are looking to buy a home, please reach out to me. I am always willing to help.