Check out the video http://www.youtube.com/watch?v=TCvE6JCFOS8
All I need is $15 and 15 minutes to pre approve your client for an FHA loan (California only)
To check credit I need the clients name, address, birth date and social security number..this is the $15 cost.
Then all I need is how much the client earns on a monthly basis.
Finally, the FHA down payment requirement is only 3.5% and approximately 4% closing costs. The down payment can be gift and the closing costs can be paid for by the seller.
So, $15 and 15 minutes is all it takes to get started.