How Banks Qualify Borrowers for a Home Loan
How Banks Qualify Borrowers for Home Loans The factors are: Down Payment Income Credit Rating Cash Reserves The bank wants to know you have the down payment. They will measure income against obligations, such as you car payment, credit card balances etc. Credit...
Banker or Broker?
Synonymous, in a way. They both secure home loans. A mortgage banker works for a specific bank. He offers the products from that bank’s portfolio only. A mortgage broker is independent and affiliated with many lending institutions including large national,...
Reverse Mortgage Myths
A reverse mortgage can be a great tool to access the equity you have built up in your home for retirement. Separate myth from fact and see just how powerful a reverse mortgage can be.
Our Real Estate Agent Partner Agreement
The real estate market is rapidly changing. You need to align yourself with partners who understand the new market and offer only the best in tools, technology, and service, from the first interaction to the last. We guarantee our service and spell out our service...
Tips for the Self-Employed Borrower
If you are self-employed it is important that you watch this video and get prepared early. It can be much more difficult to get approved as a self-employed borrower unless you understand what the bank is looking for. An experienced mortgage broker is a must in these...
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