For those who are looking to buy a home soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. A low DTI may make it easier for the lender and the underwriter to justify making a loan to the borrower.
Are you thinking about buying a new house or condo? If so, you've likely given some thought to your mortgage and as to how you can pay as little as possible in order to own your new home.
In today's blog post we'll look at five factors that a lender or mortgage underwriter won't consider when assessing your suitability for a mortgage loan.
If you're going to be taking out a mortgage to help pay for the up-front costs of your home, you'll want to get a head start on the approval process. With that in mind, here are four handy tips to ensure that your mortgage application is approved on your first try.
In today's blog post we'll share how you can provide paperwork and other evidence to show your mortgage lender that you're a quality applicant who has the ability to make their payments.
In this post we'll share how you can compare mortgages from different lenders or underwriters so that you can get the best possible deal on your mortgage loan.
In today's post we'll take a look at a few ways that you can analyze your financial situation to help decide how much mortgage you can truly afford.
When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage - all of which can be time consuming. Here are a few ways that you can speed up the mortgage process and close the deal sooner.
As your sons or daughters prepare to take the plunge into home ownership, make sure they follow three crucial tips that will help them during the mortgage process.