Redfin

MARCH 3, 2022

“A seasoned mortgage broker will fully analyze your situation and application, anticipate any issues, and guide you through the process to a smooth closing,” says Trey Bolen at Lendid Home Loans. It’s also important that buyers come to closing prepared with all necessary closing documents and payment for closing costs.

Closing 62

Closing Title search Purchase and sale agreement Title 62

HomeLight

AUGUST 16, 2021

They will also consider your current and previous debts that resulted in foreclosures or bankruptcies. To calculate your debt-to-income ratio or DTI, lenders will look at your recurring debts relative to your monthly income. Recurring debts can include: Student loans. Bankruptcy paperwork.

Loans 104

Loans Mortgages Bankruptcy Purchase and sale agreement 104

HomeLight

JULY 29, 2022

“One big thing that could delay closing is if, say, someone goes out two weeks before they close and they buy a car — or they buy all new furniture,” explains Pete Veres , a top-selling agent with 19 years of experience in Albuquerque, New Mexico. This can radically alter their debt-to-income ratio and jeopardize the whole deal.

Closing 104

Closing Purchase and sale agreement Title Home sale contingency 104