Dan Green suggests that buyers start early with a formal pre-approval to see what type of loan they can qualify for with their current credit score and financial picture.
Seller concessions are when the home seller agrees to take a portion of the proceeds and pay for your closing costs.
Often, real estate agents are willing to offer buyers a portion of their commission as a rebate, applied to what you owe at closing.
Realize that the lender with the best mortgage rates today may not be the lender with the best mortgage rates six months from now.