What Do You Actually Need to Get a Mortgage?  Fannie Mae recently released their “What do consumers know about the Mortgage Qualification Criteria?” Study. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are three takeaways:
FICO SCORES BACK END DTI DOWN PAYMENTS Bottom LineWhether buying your first home or moving up to your dream home, knowing your options will definitely make the mortgage process easier. Your dream home may already be within your reach.Homes are available for NO DOWN PAYMENT if you have a 660 credit score with down payment assistance. (If you have a 580 or higher credit score there are options for you as well with very little down) See if you Qualify. Fill out the link below http://www.andrew.xceptionalrealty.com/resources/apply-now |
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