by michaelzadeh | Apr 6, 2021 | Home Mortgage Tips
One of the most significant factors a mortgage lender will review when you apply for a new mortgage loan is your credit history and rating. While some people have stellar credit, others have a troubled credit history with lower scores. If you fall into the latter scenario, you may be wondering how lenders will assess your credit situation when you apply for a mortgage in the near future.
by michaelzadeh | Mar 25, 2021 | Credit
The unfortunate reality is that many individuals have a lower credit rating than they would like. For many, this is caused by issues related to high debt balances, late payments and other related issues. If you have a lower credit rating, you may be wondering what...
by michaelzadeh | Feb 3, 2021 | Home Mortgage Tips
If you are self-employed, either as a freelancer or as the owner of your own business, your income can fluctuate greatly from year to year. That can make it difficult to get approved for a mortgage, although there are some things you can do to improve your chances. Here are three tips for securing a mortgage if you are self-employed.
by michaelzadeh | Dec 4, 2020 | Home Mortgage Tips
So – you’ve completed an initial mortgage pre-qualification and now you’re ready to take the next step and meet with your lender or mortgage advisor for the pre-approval interview. Are you ready? Let’s take a quick look at a few questions you should know the answers to before you go in for a mortgage pre-approval.
by michaelzadeh | Nov 20, 2020 | Home Mortgage Tips
If you’re in the market for a new home and you’ve been researching mortgages, you’ve likely come across the terms “pre-qualification” and “pre-approval”. While these terms are self-explanatory in some circumstances, they are quite different in regards to mortgage financing. In today’s blog post we’ll explain the difference between a mortgage pre-qualification and a pre-approval.
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