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Tag Archives: qualify

qualify for a mortgage

Qualify for a Mortgage by Using Retirement Income

By 1 commentConventional, Home Loan - Mortgage, Loan Approval, Refinance, Second Home Loans, , , , , ,
Can You Use Your IRA to Qualify for a Mortgage? Qualify for a mortgage: Mortgage lenders qualify borrowers for a mortgage based on their credit scores, debt-to-income ratio, and assets. As a result, retired borrowers are facing difficulties when trying to get a loan due to their decrease in income. Qualifying for a Mortgage using your retirement

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investment property loans

Investment Property Loans

By Home Loan - Mortgage, Loan Approval, Non-conforming Loans, , , , , ,
Program Guidelines Investment Property Loans All borrowers will have to sign a Business Purpose & Occupancy Statement before the funding to show that they declare that the property already is or will be for commercial use or for investment purposes only. All the loans, therefore, will undergo a thorough evaluation to determine the loans conform

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Assumable Mortgage

Assumable Mortgage – 7 Things to Know

By Assumable Mortgage, Credit, Home Loan - Mortgage, , , ,
How to Get an Assumable Mortgage? Assumable Mortgage It will be nice to purchase a house or any other piece of real estate via a cash.  Yet most of the time when acquiring a house you need a form of financing.  Typically as a potential buyer, you go to a bank and take out a

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