Fair Housing Advocacy, MLK Legacy, and Practical Paths to Homeownership

Roland and Heidi discuss housing options and the importance of fair housing. They highlight the upcoming 44th annual Dr. Martin Luther King Jr. birthday parade and the role of the National Association of Real Estate Brokers (NAREB) in promoting fair housing. They emphasize the importance of budgeting, including saving for a mortgage, and checking credit reports for errors. They explain VA loans, FHA loans, and conventional loans, noting VA loans offer no down payment and no mortgage insurance for veterans, while FHA loans require a minimum credit score of 500 with a 10% down payment or 580 for 3.5%. Conventional loans have varying credit score requirements and loan level price adjustments.