Housing Wire

MARCH 30, 2021

Borrowers don’t always know or understand how their credit or debt-to-income ratio (DTI) impacts the type of loan they can qualify for. By implementing a credit process, lenders have the ability to help borrowers get approved for a loan – even after they were previously declined. Or, give up looking altogether.

Pre-qualification 437

Pre-qualification Debt-to-income ratio Pre-approval Loan Officer 437

Housing Wire

AUGUST 23, 2023

Flávia Nunes: Better took nearly two years to go public, with Aurora’s shareholders’ merger approval extended three times. Secondly, we are going to continue to invest in our technology and drive products, like One Day Mortgage, that are innovative and groundbreaking and drive the adoption of those products across the industry.

Debt-to-income ratio 370

Debt-to-income ratio Technology Mortgages Pre-approval 370

Redfin

JULY 11, 2023

These may include proof of income, bank statements, employment verification, credit history, and debt information. Technological advancements have greatly simplified the document submission process for borrowers in the mortgage industry,” shares Ron Haddad Lending Team. How does the mortgage pre-approval process work?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

Redfin

JUNE 14, 2023

The city is also a hotbed for technology and research, with the Research Triangle Park (RTP) nearby, attracting top-notch companies and fostering innovation. Get pre-approved from a lender Getting pre-approved from a lender is equally important with several significant benefits.

Pre-approval 59

Pre-approval Debt-to-income ratio Closing costs Title 59

Housing Wire

AUGUST 27, 2021

The story, “The secret bias hidden in mortgage-approval algorithms,” included statements from fair housing activists who concluded that there is “systemic racism” in the mortgage process. The philosophy was that no credit wasn’t necessarily bad credit and underwriters could make judgement calls in order to approve a loan.

Debt-to-income ratio 417

Debt-to-income ratio Purchase and sale agreement Pre-approval Loans 417

Realty Biz

JANUARY 19, 2024

This documentation will be necessary when applying for a mortgage pre-approval. If your credit score needs improvement, address any outstanding debts or errors in your credit report. It's advisable to reach out to multiple lenders and obtain pre-approval. Next, examine your credit score and history.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

HomeLight

MARCH 17, 2021

While you’ll find lots of ways to ballpark your housing budget, the real determiner will be your debt-to-income ratio , or DTI. The lender wants to be sure you can pay back the mortgage plus any other debts you owe, so the bank will calculate your DTI. You need an idea of how much house you can afford.

Pre-approval 98

Pre-approval Purchase and sale agreement Title Closing 98