• Before You Apply
What to do to prepare up to a year in
advance of your mortgage application. • Can You Trust Your Loan Officer?
Who does your loan officer work for,
and how do you find the best one? • Lender, Broker, or Bank?
What type of loan Provider is right for
you? • Types of Loans
The types of mortgage loans and
their advantages and disadvantages.
• Types of Documentation
Your options for disclosing how much
you make and where it comes from. • Underwriting
What does an underwriter look for
when analyzing your loan application? • Pre-Approval
What it is and isn't and how it saves
you time and heartache.
• Credit
What it is, and how it affects your life. • Income & Employment
How much you need to make and for
how long in order to qualify. • Down Payment/ Assets
How much, where from, and what kind
of money will work. • Down Payment Assistance
Short on funds? Learn about your
options and explore these resources. • Processing
What happens to your application after
you sign it and before you close? • Title
What is it, what does it mean, and how
does it work? • Appraisals
What is your home worth, why you
should bother to find out, and how
does it affect your loan? • Alternate Financing
Facing rejection? Time to get creative.
• FHA
Low down payment, forgiving
qualifications. A great loan option.
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