• 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 really 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 Mortgage 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. • Assets/ Down Payments
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.
• Which 1st, a Mortgage or a House?
Why you should get pre-approved
first before you start to fall in love
with a house.
• FHA
Low down payment, forgiving
qualifications. A great loan option.
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