We partner up with outstanding lenders with over 30 years of experience in the industry. Our lenders have a variety of mortgage products in their portfolios to meet and tailor to your needs. To qualify for a mortgage loan, you have to consider the following factors:
1) Do you have credit?
2) If you do, What is your current credit score?
3) When was the last time you or someone run your credit?
4) Do you have debts? what kind of debts? credit cards? car loans? other mortgages? private or personal loans?
5) What is your total debt? (adding all minimum payments required in all your debts)
6) Do you have collections? if so, what kind? (credit cards, medical bill, tax bill, child support, car loans, mortgage loans, private loan)
7) Have you paid all your credit accounts on time in the past 12 months?
8) What is your gross monthly income?
9) Are you on W2 or 1099 income? have you been on W2 at least in past 2 years? or have you been on 1099 at least the past 2 years? if you have switched from one type of income to another in the past 2 years, please explain.
10) Are you single or married? if married, could you explain your spouse current credit if any?
11) Do you have bank accounts or any other kind of assets? Do you have a balance of at least of 3.5% of the price of a house you would like to buy? i.e. 3.5% of $200,000 is $7,000
Please, fill out our contact form on this page to connect you with the right lender.