Many first-time home buyers are worried about all of the documents and information they’ll have to gather when applying for a mortgage. If you’re anything like me, you’re probably dreading having to dig through the five places that these documents might be. Fortunately, the process is now somewhat streamlined thanks to lenders being able to…
Tag Archives: Mortgage
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What Do Mortgage Lenders Look for in Your Credit Report?
The process of getting approval for a mortgage involves scrutiny of your financial situation. There are many things that can affect whether you’re approved, and even more that can affect the type of mortgage you qualify for. Interest rates are particularly variable dependent on your credit score. But what do lenders check for in a…
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Who are the Best Candidates for a High-Priced Loan ?
Photo by Peggy und Marco Lachmann-Anke via Pixabay A jumbo mortgage refers to a high-priced loan, usually meant for a luxury property. And while this loan may have once been reserved for the millionaire investors of the world, it may not be as exclusive as you think. If you’re interested in what it takes to apply, it helps…