Applying our mortgage advice can help you achieve your personal goals. Whether it is buying up or downsizing, refinancing to fund a business, or restricting your loan to improve your cash flow… we can help!
The key to getting great home financing is nailing the “5 Cs of Credit”.
Let us review what lenders look for so you can improve your chances of getting the ideal loan!
Here is how we can help convey your credit worthiness…
1. CAPITAL (CASH)
We will help you properly document your down payment and cash reserves.
2. CAPACITY
We will present your employment history and income sources to satisfy cash flow and debt-to-income ratios.
3. CREDIT SCORES
Your scores are more important than ever in getting the best loan terms. We will help you implement a plan to improve your scores where needed!
4. CREDIT HISTORY
The type of accounts you have, the length of time you’ve had them, and your payment pattern will make a difference. We will help you implement a plan so that your credit history enhances your application package!
5. COLLATERAL
We will coordinate the appraisal and title orders for you to document that the home’s value and title status meet the lender’s requirement for your target loan program.
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