Below are the 5 Biggest MISTAKES Home Buyers Make
3 Guaranteed Ways to Get APPROVED for a Home Loan
Here are the 3 Guaranteed Ways to Get APPROVED for a Home Loan:
Approval Tip #1. Have your credit report improved, then apply.
You can get approved for a home loan! But you must have an acceptable credit report and decent credit scores to get approved.
Approval Tip #2. Have a large down payment.
Money solves a lot of problems. It is especially helpful if you have extra cash as a down payment on your dream home.
Approval Tip #3. Make sure you have several tradelines.
You will need at least 3 positive tradelines on your credit report. It can be a combination of your own as well as authorized user tradelines. Keep your balances at or under 30% and pay more than the minimum payment each month.
You can still get approved for a home loan even if you have credit issues. The idea is minimize and narrow down as many issues as you can to a very low number. You want to offset your risk to the bank as much as possible, so that they approve you and you can qualify for the best interest rate possible (meaning lower monthly payments).
P.S. We can help you to remove pesky collections, as well as add tradelines to your credit report. Cut time out of the equation and let us expedite your path to credit success!