Today’s mortgage lenders are a lot tougher than they used to be and if you are looking to qualify for a new mortgage or a refinancing deal on your mortgage, you may find that you have to do much more work to qualify for the financing.
Many people, especially the first time home buyer may find [...]
All Posts Tagged With: "mortgage"
Tips for Qualifying for a Mortgage
5 Ways to Save Cash for a Down Payment
Buying a home is one of the biggest financial decisions a consumer can make. With the increasing difficulties the home sales industry is now facing, most lenders will require a down payment of some kind, in order to qualify for a home loan. It wasn’t that long ago when lenders were more comfortable with the [...]
July 10th, 2008 | tisha | Comments | Continued
What Mortgage Lenders Look For
Obviously, potential mortgage lenders look at your income for the last two years and your credit score when determining if you are “home loan-worthy.” However, income can now be “stated,” and bad credit does not mean you will be unworthy in getting a loan. Bad Credit is just as attractive to many lenders as good [...]
February 29th, 2008 | erica | Comments | Continued



