Archive for: January 18, 2007

What a lender looks for is - the abillity to pay the mortgage and the willingness to pay the mortgage.

Getting a loan is as simple as that.

Check what you can afford, be willing to pay the bill, have all your …

When you are buying a house, and working through the process of an Agreement of Purchase and Sale, the real estate agent will ask you for a deposit.  This is what is called “good faith” money.  It shows the real …

A co-signer helps give the lender an additional guarantee. 

You co-signer should have a good credit score.  This means their credit report will be looked at during the process of qualifying for your mortgage.

The person applying for the loan is responsible …