Tag Archive: mortgage qualification requirements

5 Factors That Help You Qualify for a Mortgage

January 19, 2015 by 2 Comments

Homes are sold every day. So while it’s harder to qualify for a mortgage, it’s not impossible. If you’re a first-time homebuyer, you may think you can’t qualify for a home loan. However, just because mortgage lenders don’t offer easy financing doesn’t mean a bank will reject your application. If you want to buy, here... View Article

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FHFA Policy Changes May Loosen Lending Requirements

November 10, 2014 by 1 Comment

Many prospective homeowners believe saving money for a down payment and filing out the requisite paperwork is all they need to become a homeowner. Unfortunately, some have learned that tough lending requirements stand in their way to achieve this dream. But this could soon change thanks to new rules proposed by the Federal Housing Finance... View Article

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Are Lenders Easing Up on Jumbo Mortgage Loan Requirements?

October 10, 2014 by Leave a comment

In today’s real estate market, lenders are hungry for borrowers who are looking to take on jumbo mortgages. As a result, some lenders have loosened their requirements when it comes to what it takes to qualify. Underwriting is more strict than it was years ago because of new laws lenders must abide by that were passed... View Article

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Qualifying For Mortgage Loans Getting Easier, Bank Regulators Say

September 3, 2010 by Leave a comment

Although mortgage requirements remain tight, you might find qualifying for a mortgage slightly easier. While bank examiners admit that qualifying for a mortgage and other types of loans can still be difficult, they’re beginning to see signs that lenders are easing their loan standards. Using a mortgage qualification calculator or a mortgage payment calculator is... View Article

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