Don't use an exotic loan to buy a home.

Home sellers are going to be checking to see that the buyer for their home will be using one of two types of loans: #Conventional or #FHA.

Any other type of loan will be seen by the seller as unusual, exotic, and risky.

In most cases, you are wasting your time submitting an offer on a home using any other type of loan besides these two loans.

They simply will not be considered.

The reason is because most agents have never worked with a loan other than conventional or FHA.

In #LosAngeles, even a VA loan is considered exotic.

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