So you’ve found a home that you love and it’s time to apply for a mortgage. To speed up the application process, be ready with the information your lender will need. Gather each borrower’s tax returns for the last 2 years, detailed information about employment for that period and copies of pay stubs for the […]
Tag: financing
Tips On Financing Your Home Purchase Part 1
Make sure your “financial house” is in order before you shop for a real one. Know the Debt-to-Income Ratio and Credit Score for all prospective borrowers. These numbers and the percentage of your down payment go a long way toward determining the interest rate lenders will offer you. Compare more than rate when shopping […]
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