Real Estate
April 24, 2017

Strange things that will stop your mortgage application

If you are trying to get a mortgage, or have tried in the past, you know the process is detailed and very paperwork heavy. The following is what you should know and stay clear of.

 

Going backwards trying to save for a home?

In order to purchase a home, you need at least 3.5% for a down payment. Another option is Down Payment Assistance (DAP). DAP allows you to pay little to no money down. However, we’re going to talk about wanting to save even more for a larger down payment.

Why there are no ‘maybe’ loans in lending world

Today’s mortgage world is a very compliant and bureaucratic environment.