Q&A
Asked by Linda
Answered by Dain Yerckie
Mortgage Professional in Scottsdale, AZ
Mortgage Professional in Scottsdale, AZ
1) DO NOT fear the adjustable-rate mortgage
(ARM)!
2) Same as #1.
3) How long will you
be in this home?
#3 is the most important
when deciding between an ARM or...
Q&A
Asked by an anonymous user
Answered by Dain Yerckie
Mortgage Professional in Scottsdale, AZ
Mortgage Professional in Scottsdale, AZ
Good question! First thing is to know where
your comfort levels are for a new monthly
payment for your home. Then decide how much
you can comfortably put out for cash ...
Q&A
Asked by an anonymous user
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Whether or not you qualify for a mortgage can
be determined by a lot of variables. Your
current income, your current credit score and
credit history. You can use the s...
Q&A
Asked by Dorothy
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Qualifying for a mortgage depends on several
factors, with credit score being one of them.
The first thing you should do is finish
setting up your Credit Manager by Mo...
Q&A
Asked by wkrogmeier
There's more to consider than just the
interest rate in any discussion on the
benefits of making additional principal
payments on a first mortgage, compared with
using...
Q&A
Asked by helen_w29
Answered by Brian Nguyen
Sr Mortgage Banker in Brea, CA
Sr Mortgage Banker in Brea, CA
That's a broad question, like if it's better
to get married or keep dating. Everybody has
an opinion, and the answer largely depends on
the individual. But as it relat...
Q&A
Asked by an anonymous user
Answered by Dain Yerckie
Mortgage Professional in Scottsdale, AZ
Mortgage Professional in Scottsdale, AZ
Income requirements will be based on what
other debts you have that appear on your
credit report. So a little tough to say a for
sure yearly amount needed. If you are
...
Q&A
Asked by an anonymous user
Answered by Jim Sorenson
Mortgage Professional in Kirkland, WA
Mortgage Professional in Kirkland, WA
There is no simple answer to your question as
there are many factors that come into play. It
will come down to your own personal needs and
goals. A few things to think...
Q&A
Asked by eblas0709
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Your first step should be to see your credit
score, and full credit report, for yourself.
There may be errors or other items on there
that are negatively impacting you...
Q&A
Asked by delce8
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
What you will be able to qualify for is based
on several things, including your credit
score, income and debt. The best thing to do
is to begin the formal pre-approval...
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