How Much Cash Do I Need in the Bank to Buy a Home?
How much cash do I need in the bank to buy a home? Three things: your down payment, your closing […]
mortgage qualification
What Can Cause a Mortgage Pre-Approval to Be Denied?
What can cause a mortgage pre-approval to be denied? New credit accounts, a credit score drop, a job change, large
What Credit Score Do You Need for a Mortgage, Really?
What credit score do you need for a mortgage? For a conventional loan, generally 620. For FHA, as low as
What Happens After Pre-Approval?
What happens after pre-approval? Your search begins in earnest. But your file isn’t finished yet. Pre-approval gives you a strong,
The Complete Guide to Mortgage Qualification in Texas
e Mortgage qualification in Texas comes down to four factors: your credit, your income, your debt, and your cash reserves.
What Counts as Income for a Mortgage?
What counts as income for a mortgage goes well beyond a W-2 paycheck. Bonus pay, Social Security, rental income, alimony,
How Do Mortgage Lenders Calculate Self-Employed Income?
How lenders calculate self-employed income isn’t a mystery, but it’s rarely explained clearly, and the gap between what borrowers assume
Tax Write-Offs vs. Mortgage Qualification for Self-Employed
Every self-employed borrower eventually runs into the same contradiction: the tax strategy that saves the most money in April often
FHA vs. Conventional: Which Is Better for First-Time Buyers?
FHA and conventional loans are the two most common paths first-time buyers consider, and the right one isn’t the same
Non-QM Loans Explained: Who They’re For & How They Work
“Non-QM” gets used constantly in mortgage conversations, but rarely explained clearly. It’s not a red flag, and it’s not a
You must be logged in to post a comment.