What are my chances of getting past the application subscribers on my mortgage?

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The loan officer seems almost certain, but I do not know if questions. You could put 20% down, but our “circumstances” of income to debt were borderline. I do not know if the underwriting process is more a formality, or if it’s their job, not the loan officer to tell us to dream.

1 Comment
  1. Reply
    February 1, 2011 at 1:28 am

    If you completed the Uniform Residential Loan Application (Form 1003), you should have a fair idea yourself if you are an attractive candidate for a loan.

    Lenders also look to your credit score, the amount of time you have been employed, and your debt-to-income ratios. Time will tell. Lately, potential borrowers have waited four to six weeks to hear approval or disapproval from underwriters.

    I wish you the best of luck. I hope that the information I have provided helps you Find. Learn. Save.


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