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When I Apply, What Helps Me, and What Hurts Me?

 Items that Help:

  • Any Kind of Income
  • 2 years + of continuous employment in the same field
  • Bonuses, Overtime pay
  • Social Security and/or pension pay if applicable

Items that Hurt:

  • Any debt that you must pay for more than 6, 10, or 12 months
  • Credit Cards
  • Bad Credit / Bankruptcy - Bring a statement of explanation
  • LIES! - If a lender finds you are lying- You are about to see the door.

[ Can I Get Financing for a Government Owned Home? ] [ What If I Filed Bankruptcy? ] [ Am I Eligible For Financing A Home? ] [ Where Do I Go to Get a Mortgage Loan? ] [ What's a Conventional Mortgage? ] [ What is an Adjustable Rate Mortgage (ARM)? ] [ What Are the Benefits of an FHA Mortgage? ] [ What's so Great About VA Mortgages? ] [ Who Qualifies For a VA Mortgage? ] [ What's the Difference Between a Lease Option and a Land Contract? ] [ What is a Balloon Mortgage? ] [ What Should I Bring When I Apply? ] [ "When I Apply, What Helps Me, and What Hurts Me?" ]

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