How To Find The Perfect Lender
When shopping for a house, it can be easy to fall in love with the home of your dreams.
Be
careful, however, that you are aware of how much house you can afford so your dream home
isn t crushed at the lender s office....
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How To Find The Perfect Lender
When shopping for a house, it can be easy to fall in love with the home of your dreams.
Be
careful, however, that you are aware of how much house you can afford so your dream home
isn t crushed at the lender s office.
Lenders often talk about qualifying ratios or debt ratios.
These numbers can seem a bit
mysterious, but a few simple formulas will give you an idea of what size loan you may be able to
afford.
Although this is helpful to determine a house budget, never rely on these numbers alone
when planning a purchase.
Consider visiting a lender to get pre-approved for a loan so you
know the exact amount you have to work with.
So how do you find the perfect lender online? The first thing to keep in mind is that there are
hundreds and it will take some research to do it.
Just typing in “mortgage loans” will bring up
everything from actual mortgage loans to mortgage brokers to sites that don t have anything at
all to do mortgages but have the word mo
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