Redfin

JULY 30, 2025

You’re buying in a designated redevelopment area, where certain programs have less strict rules. Lower your debt-to-income ratio: Paying down existing debt can improve your financial profile, helping you qualify for lower interest rates. Should I get pre-qualified or pre-approved for a mortgage?

Pre-approval

Redfin

JULY 31, 2025

Look into first-time homebuyer benefits Many programs are designed to make homeownership more accessible for first-time buyers by reducing upfront costs, lowering monthly payments, and helping with mortgage qualification. Build an emergency fund An emergency fund is a cash reserve designated for emergencies and other uncommon expenses.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

For example, if you use a bank for your loan you may already have a pre-existing relationship with them and they sometimes offer very competitive interest rates. Have you tried calling a bank on a Saturday night to get a pre-approval letter? These include improving credit and balancing your debt to income ratio.

Finance

Housing Wire

MAY 25, 2022

In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles? More people are diversifying their income streams and opting to work for themselves or through real estate investments. Why partner with Newrez?

Debt-to-income ratio

HomeLight

AUGUST 31, 2020

VA loans also offer even more benefits, like better interest rates and less strident qualifications — but as the name indicates, they are only available to current military members or veterans (or their spouses). Don’t let the name fool you: areas designated for Rural Development loans can be closer to cities than you might expect.

Debt-to-income ratio

HomeLight

DECEMBER 8, 2023

It’s designed for homeowners like you who are in the midst of transitioning from your current home to a new one. The temporary debt juggling act: A key factor in the bridge loan process is your debt-to-income ratio (DTI). What is a bridge loan, in simple words? More on loan costs below.)

Equity

HomeLight

FEBRUARY 12, 2021

As a seller, you’re usually not taking on additional risk by accepting an offer from a buyer pre-approved for an FHA loan than you would with a buyer pre-approved for a conventional loan. Dill shares that it’s only a myth that FHA-backed offers are by default weak offers: “They are strong and well-qualified buyers with steady income.

FHA loan