by Andria McKeown-Burnie | May 16, 2018 | First Time Homebuyer, Pre-approval, Purchase, Qualification, Uncategorized
Buying a house can be an intimidating process; there is a lot of money involved and the process is often overwhelming. Knowing what to expect and being prepared will make the experience a little less stressful! Here is a brief outline of steps that you can take and...
by Andria McKeown-Burnie | Mar 19, 2018 | First Time Homebuyer, Pre-approval, Purchase, Qualification, Uncategorized
In previous entries, I focused on what the lender will require of YOU in order to qualify for a mortgage. They include: employment income, down payment, credit history and affordability numbers. The final piece in this puzzle is the house itself. Just because the...
by Andria McKeown-Burnie | Feb 22, 2018 | First Time Homebuyer, Pre-approval, Purchase, Qualification, Uncategorized
In earlier posts, we examined some of the pieces that are needed to successfully attain a mortgage: income, affordability and credit history of the applicant. As with the first three, the next piece also is also shaped by you. How much do you have saved for a down...
by Andria McKeown-Burnie | Jan 29, 2018 | First Time Homebuyer, Pre-approval, Purchase, Qualification, Uncategorized
We are building the approval puzzle by asking questions and gathering supporting documentation. How much money do you make? Can you afford to own this house? Another piece in the puzzle is your credit history. Do you have credit cards, student loans or a car...
by Andria McKeown-Burnie | Jan 22, 2018 | First Time Homebuyer, Pre-approval, Purchase, Qualification, Uncategorized
In order to qualify for a mortgage, you have to provide a lot of information. This is used to determine whether you will be able to repay the mortgage and whether you are a good risk for the lender. In an earlier post I discussed how income confirmation is the first...
