Why get a mortgage pre-approval?

I’ll tell ya why! I’ve had many people ask why they should get a mortgage pre-qualification or pre-approval BEFORE starting the search for their dream home. But first — what is the difference between a pre-qualification or pre-approval? Let me explain. I use a mortgage pre-qualification to let my clients know what they should be able to … Continue reading Why get a mortgage pre-approval?

There’s more to it than just a Credit Score!

There is more to just a number when it comes to your credit score. With regards to mortgages, lenders will not only consider the score itself, but they’ll also look at the payment history, outstanding balances, minimum monthly payments, how many sources of credit are on the report, and the length of each credit account. … Continue reading There’s more to it than just a Credit Score!

Don’t let your credit hold you back from getting a mortgage!

Your credit can sometimes be the one variable holding you back from obtaining the financing needed to obtain a mortgage. I have listed some TIPS on how to not only improve your credit, but keep it in good standing while you are waiting to purchase a home. Payment History — This accounts for about 35% of your … Continue reading Don’t let your credit hold you back from getting a mortgage!