Redfin

JUNE 13, 2025

Lenders still carefully review your qualifications The mortgage process may look different this time around, with different interest rates and loan requirements. Proof of income and employment: To approve your loan, lenders will review your income and financial stability. Allows more time to find the perfect home.

Debt-to-income ratio

HomeLight

DECEMBER 8, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity

HomeLight

APRIL 26, 2023

A bank statement will help weed out people who are just looking around and don’t have the qualifications to purchase your house from legitimate buyers who can obtain financing. Graham says the next step is to ask for a pre-approval letter from a reputable mortgage company that you’re comfortable with. See the next step!)

MLS

HomeLight

JULY 31, 2020

These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. Loan approval. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Home sale contingency. Short sale.

Closing