What do mortgage companies look for to approve a home loan?
Monday, May 25th, 2009What type of qualifications do you need to be approved… ex.
credit score, income, what automatically disqualifies you such as a repo???
Jay
| Refinancing a Home Mortgage |
| Information on Refinancing a home mortgage |
credit score, income, what automatically disqualifies you such as a repo???
Jay
My wife and I would like to buy a home and/or land. I know that we can afford a payment of $400 a month, and we dont need anything special. A $40,000.00 loan would be sufficent.
-
Problem is: I have NO clue how to go about this. How easy or difficult is it to get a home loan for a first time buyer?
-
Anyone with similar experience in a similar situation? Please advise. Thank you so much!
Clinton