What Do Mortgage Lenders Look for in a Mortgage Application?
The housing market definitely is more active on Long Island and in almost every state. As a board member of the CyberProfessionals I’m in constant contact with top-producing agents from across the country – and everyone is saying that the housing market is busy this Spring. Prices have not appreciated – but sales numbers are higher. That’s the good news!
The bad news is that obtaining financing is still a challenge. That’s why an article posted on the KCM Blog this morning seems so appropriate – and helpful to anyone buying a home. The 4 C’s of Mortgage Underwriting by Dean Hartman is full of valuable information which any buyer should review before submitting a mortgage application. Follow the guidelines and your mortgage application should be approved.
Find homes for sale with My Quick Search on the sidebar. On the Go? www.LIagent.com automatically defaults to my mobile website (m.LIagent.com) for quick searches – also includes GPS based Searches for homes around your location. Contact Cheryl at 631-223-8549 or Cheryl@LIagent.com.