Posts

Showing posts with the label mortgage acceptance

Tips On How To Clean Up Your Finances!

Image
Buying a home in Colorado Springs  can be an exciting time, especially if it is your first home.  Calling one of our  experienced Colorado Springs real estate agent s is your first step in the home buying process.  Our team can assist with all questions related to the buying process from start to finish.  One of the most dreaded parts of buying a home is getting approved for a home loan.  In order to secure the best home loan options, our team suggests you clean up your finances before applying.  Here are a few tips for cleaning up your finances before  buying a Colorado Springs home . Analyze Your Debt Know how much you owe on ALL of your debts.  if you are not sure where to start, gather all your monthly bills with a pad of paper and pen.  Make a list of all debts such as amounts owed on vehicles, student loans, personal loans, or any other debts that can be paid off.  Creditors will look at the amount of debt you have...

Ways to Improve Mortgage Acceptance

Image
Buying a home can be one of the largest expenses you may incur in your life. While it may seem intimidating, it can also be rewarding and exciting. One of the first decisions you'll need to make when looking at homes is your budget and then you can start the mortgage acceptance process. There are a few things you can start doing today to make you look more appealing to the lenders, and also make it easier to get approved. Check Your Credit Report Your credit report is a detailed report of your credit history, and will be used by lenders to see whether you can qualify for a loan and at what rate. You can get one free credit report a year from Equifax, Experian, and the TransUnion. If you plan your requests for reports properly, you can get one every four months, and keep an eye one any changes. Fix Mistakes When you've received your report, it's important to look it over and make sure that everything is correct. Sometimes errors can be made or old information hasn...