Mortgage Loan Types

Tagged: buyer pre-qualifications, matching, mortgage loans

This topic contains 1 reply, has 2 voices, and was last updated by Steve Smither 4 years, 2 months ago.

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November 8, 2014 at 5:28 pm #3857

Ryan Hart
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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
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