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…]
Buying a home is a big milestone—and for many people, it’s also one of the most confusing financial decisions they’ll ever make. If you’re thinking about buying a home but aren’t sure where to start, you’re not alone.
Buying your first home is such an exciting and important time of your life. It’s a big step in creating financial freedom for your future. First homes are often referred to as a “starter home” as people tend to live in the home for a shorter period of time and use the equity they gain from appreciation and paying down the mortgage towards buying their next home.
The Existing Home Sales was released yesterday which reports on the closings of existing single-unit homes.
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