Realty Biz

AUGUST 20, 2023

Mortgage pre-approval is an essential step when buying a house. During pre-approval, lenders carefully evaluate your financial information, including income, assets, credit history, and other relevant details. How long it takes for lenders to give mortgage pre-approval can vary from a day to a week.

Pre-approval 93

Pre-approval Debt-to-income ratio Mortgages Loans 93

Realty Biz

SEPTEMBER 5, 2023

One crucial aspect of this process is ensuring that your finances secure a mortgage and make the dream of homeownership a reality. From experience as a Realtor, getting your finances in order is vital to get the best mortgage rates and terms. Before gathering documents to get a mortgage, ensure your report is spotless from errors.

Debt-to-income ratio 92

Debt-to-income ratio Pre-approval Finance Bankruptcy 92

Realty Biz

SEPTEMBER 30, 2023

Mortgages with Low Credit Scores Mortgages with low credit scores can appear challenging, but there are options available. Understanding how a low credit score affects your mortgage and exploring government-backed programs can help you navigate the process. Can you buy a house with bad credit?

Finance 97

Finance Debt-to-income ratio FHA loan Mortgages 97

Marco Santarelli

SEPTEMBER 30, 2023

FHA mortgage rates are typically higher than conventional mortgage rates, but they can be a good option for borrowers with lower credit scores or smaller down payments. FHA mortgage rates don't use risk-based pricing models, so there are no added fees or premiums for lower credit scores. can qualify for an FHA loan.

FHA loan 105

FHA loan Mortgages Debt-to-income ratio Loans 105

HomeLight

AUGUST 16, 2021

The mortgage loan process is pretty messy! Follow the list, and you’ll save yourself a lot of headaches and make the mortgage loan process a lot smoother. Proof of income. Businesses have expenses, which eat into how much you take home and have available to spend on a mortgage. Source: (Mangostar / ShutterStock).

Loans 104

Loans Mortgages Bankruptcy Purchase and sale agreement 104

RIS Media

MAY 11, 2022

Similar to years past, barriers to AAPI homeownership continue to be discrimination, mortgage readiness and affordability. AAPI demand for housing is high: 65% of real estate professionals working with Asian buyers say demand for housing is greater than pre-pandemic. Mortgage ready, credit visible important indicators.

Debt-to-income ratio 87

Debt-to-income ratio Pre-approval Bankruptcy Mortgages 87

Realty Biz

MAY 10, 2022

Similar to years past, barriers to AAPI homeownership continue to be discrimination, mortgage readiness and affordability. AAPI demand for housing is high: 65% of real estate professionals working with Asian buyers say demand for housing is greater that pre-pandemic. Mortgage Ready, Credit Visible Important Indicators.

Debt-to-income ratio 88

Debt-to-income ratio Pre-approval Bankruptcy Mortgages 88