Getting a Mortgage: How to Minimize Potential Negative Factors
Posted by Shawn Clayton on
When you apply for a mortgage, lenders typically look for a solid work history, good income with upward mobility, and a great credit rating. The truth is that not everyone who gets a mortgage has perfect data when they apply.
Some applicants have all of these but one, or they have other limitations that make them less than ideal as a candidate. These tips can help you to identify what lenders are looking for, and how to find solutions to possible problems with your Bay Head area home application.
Every financial situation is unique, so make sure to work with your lender and/or a financial advisor to see what can work for you.
Employment History
Obviously, a good employment history is vital for your mortgage application. The lender wants to…
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