Mortgage Loan Types

Tagged: buyer pre-qualifications, matching, mortgage loans

This topic contains 2 replies, has 3 voices, and was last updated by adamhenry 1 month, 1 week ago.

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November 8, 2014 at 5:28 pm #3857

Ryan Hart
Participant

What is the best way to match loans to buyers? Is it based on price, down payment amount, credit scores, salary history or some other piece of information?
November 9, 2014 at 2:16 pm #3974

Steve Smither
Participant

Great question and the answer is YES…
In the mortgage industry there are 5 parts to qualify, credit, assets, work history, debts and income. Might I suggest a great blog post that explains what is a good and bad pre-approval.

Mortgage Pre-Approval – Don’t Overlook The Importance
August 10, 2019 at 10:11 pm #10244

adamhenry
Participant

Hey Steve, I really agree with you and the link work for me.
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