Mortgage Qualifying: Your Income, Job, and Debts Workshop
How lenders determine what you qualify for—and how to prepare
One of the most common questions I hear from home buyers is:
“How do lenders decide how much I qualify for?”
In this workshop replay from my Home Buying Workshop Series, we break down the basics of mortgage qualifying—specifically how lenders review your income, employment, and monthly debts to determine what payment, loan amount, and home price may be realistic for you.
Understanding these basics early can help you avoid surprises, make better decisions, and feel more confident when you’re ready to buy.
Watch the Workshop Replay
This workshop is especially helpful if you: [Read more…]
If you’re thinking about buying a home, your credit is one of the first places most lenders will look—and it can have a bigger impact than many people realize. Credit doesn’t just affect whether you qualify. It can influence your interest rate, monthly payment, insurance premiums, and even how much home you can afford.
How to Create Affordability and Get Your Offer Accepted
If you tried buying a home over the last few years, you probably lost out to buyers who made cash offers. Sellers tend to prefer cash offers because they can close faster and there are less uncertainties when they are not relying on a mortgage approval from a lender they don’t know. Even in a buyers’ market, a seller will most likely prefer a cash offer over one that is dependent on financing or the sale of another property.
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