What is pre-qualifying for a mortgage?

Answer Pre-qualifying for a mortgage gives you, the seller and the Realtor an idea of whether or not you can obtain financing and how much. Going through the process to pre-qualify can save time for both ... Read More »

Top Q&A For: What is pre-qualifying for a mortgage

Mortgage Qualifying Criteria?

Home buyers who need to obtain a mortgage to finance the purchase of a home need to meet a number of qualifications before the lender will approve a loan. The same is true for homeowners who want t... Read More »

How Does Investment Property Affect My Qualifying for a New Mortgage?

When housing markets turn down, investors typically jump in and buy up foreclosed and short sale properties at rock bottom costs. These homes are being held as income-producing rental properties. M... Read More »

What Is the Qualifying PT for Navy Seals?

The U.S. Navy SEALs (Sea, Air, Land) are an elite team for completing unconventional warfare, counter-terrorism, special reconnaissance and other military missions. Due to the nature of these tasks... Read More »

What do FHA loans require for qualifying?

To qualify for an FHA (Federal Housing Administration) home loan, you will need a steady job, stable income, satisfactory credit over the past two years and an anticipated mortgage payment that is ... Read More »