For many of you, the thought of buying a home raises some financial concerns such as getting pre-approved and affording the down payment. Getting pre-approved is often based off your debt-to-income ratio, your credit score, work history, etc. Take note, that just because you pay everything on time, doesn’t necessarily mean that your credit score…
Tag: credit score
Control Your Debt
When deciding if you can afford to finance a home, it is important to know how much you can afford. Lenders do not want to approve you for a loan that could potentially overload you. This is the perfect time to review your personal financial situation; comparing your monthly debt to your monthly income. You…

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