Sellers want a sure thing. In addition to price, they need to know, is this loan going to close. So loan type does matter, which is why you hear, “Cash is key!” Because there are no contingencies, no appraisals, there’s no waiting, the money is right there in the bank.
So it is very important who your lender is: are they local and is it conventional, VA, FHA and how much are you putting down?
Talk with your lender and reach out to us! We’d love to let you know what loan products sellers prefer the most.