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QUALIFYING Reference Articles:

High debt to income ratio mortgage loans
Many people have high debt to income ratios and can still qualify for a mortgage loan. There are many options available out there for people who have a high debt to income ratio, also referred to as D

http://www.brokeroutpost.com/reference/52950.htm (Updated: 07/15/2008)
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Tougher Mortgage Lending Guidelines
Why have mortgage lenders tightened their guidelines so much? Can I still buy a home with zero or no money down? Will I be able to refinance with the tougher mortgage lending guidelines? I am not able

http://www.brokeroutpost.com/reference/199218.htm (Updated: 06/23/2008)
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Teacher Loans
Special mortgage financing, with flexible qualifying guidelines, is available for teachers.

http://www.brokeroutpost.com/reference/113295.htm (Updated: 03/14/2008)

Frequently Asked Questions - Credit
One of the biggest factors in qualifying for a mortgage is one's credit profile. Often times reviewing your credit report or even how credit works can become confusing for those of us who are not fami

http://www.brokeroutpost.com/reference/63868.htm (Updated: 10/14/2007)

Million Mortgage Loan
$1 Million Mortgage Loan to $40 Million Mortgage Loan programs are referred to in the lending industry by the terms "super jumbo mortgage" or even "mega jumbo loan" Jumbo mortgages are loans which

http://www.brokeroutpost.com/reference/128780.htm (Updated: 10/09/2007)
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Home Purchase Loans
One of the many issues concerning Home Purchase Loans is the size of the down payment. The down payment is the difference between the loan amount and the lower of sale price or appraised value. Many b

http://www.brokeroutpost.com/reference/124406.htm (Updated: 10/08/2007)
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FHA 203(b)
FHA program which provides mortgage insurance to protect lenders from default; used to finance the purchase of new or existing one- to four family housing; characterized by low down payment, flexible

http://www.brokeroutpost.com/reference/10967.htm (Updated: 09/04/2007)

Investment Property Mortgage Refinance
A refinance for a investment property is just like a mortgage refinance on your primary residence with only a few slight differences. When qualifying for a investment property mortgage refinance under

http://www.brokeroutpost.com/reference/134767.htm (Updated: 09/04/2007)
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Fannie Mae Expanded Approval Loans
Many borrowers who fall just short of qualifying for a traditional "A Paper" loan can qualify for for a loan through Fannie Mae's Expanded Approval loan program. The Fannie Mae Expanded Approval prog

http://www.brokeroutpost.com/reference/147960.htm (Updated: 08/03/2007)
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Preferred Credit Score to Get a Good Mortgage Rate
So what is the preferred credit score or the credit score cutoff in order to be able to qualify for a very good mortgage interest rate? How can I improve my credit score? How can I make sure that I qu

http://www.brokeroutpost.com/reference/137270.htm (Updated: 07/08/2007)
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Home Mortgage Interest Rates
Many consumers want to know what the home mortgage interest rates are. However, it is important to know and understand that the mortgage interest rates change throughout the day and they change on a d

http://www.brokeroutpost.com/reference/128459.htm (Updated: 07/08/2007)
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Payment shock
For many first time home buyers or current homeowners looking to move up, can be in for a shock. Even if they are aware of the higher payment from their current rent or mortgage and are ok with it and

http://www.brokeroutpost.com/reference/23695.htm (Updated: 07/02/2007)

Prequalify
How do i prequalify for a mortgage? Pre Qualifying for a mortgage means evaluating a set of standardized borrower and property (or other collateral) risk based pricing factors.

http://www.brokeroutpost.com/reference/128836.htm (Updated: 05/30/2007)
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Home loan
A home loan is also known as a mortgage. It is a lien that uses property as security for the repayment of a debt. An example would be one that is acquired from the purchase of a home. The words home l

http://www.brokeroutpost.com/reference/23577.htm (Updated: 05/28/2007)
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Determining Your Income
When you apply for a refinance, debt consolidation or purchase mortgage, one of the most important factors in qualifying for the loan is your income. That may not seem like much of a surprise, but yo

http://www.brokeroutpost.com/reference/82025.htm (Updated: 05/24/2007)
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What To Do When The Lender Says "No"
Ask specifically why the loan is being turned down. Is the problem with you the borrower, or is it the property? If you're weak on loan qualifying, would a larger down payment make a difference? How a

http://www.brokeroutpost.com/reference/15582.htm (Updated: 05/22/2007)

Documentation requirements for Mortgages
Full Documentation: Both income and assets are disclosed and verified, and the income is used in determining the applicants ability to repay the mortgage. Stated Income - Verified Assets: Income is di

http://www.brokeroutpost.com/reference/19328.htm (Updated: 05/16/2007)

Secured credit cards
Why would anyone want to obtain a secure credit card? Many people who are trying to rebuild their credit, either after a bankruptcy or an extended period of derogatory credit, should consider obtainin

http://www.brokeroutpost.com/reference/116856.htm (Updated: 05/13/2007)
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Fannie Mae Expanded Approvals
An excellent alternative to the traditional subprime mortgage is an Expanded Approval Fannie Mae loan. Borrowers who "just miss" qualifying for a traditional Fannie Mae Loan for various reasons can o

http://www.brokeroutpost.com/reference/104798.htm (Updated: 03/17/2007)
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Qualifying For a Loan
<font face="Arial">Two Key Factors in Qualifying for a Home Loan When a lender makes a decision about a mortgage application, they consider two basic factors: 1) your ability and 2) your will

http://www.brokeroutpost.com/reference/18239.htm (Updated: 09/03/2006)

Qualifying Ratios
Calculations that are used in determining whether a borrower can qualify for a mortgage. There are two ratios. The "top" or "front" ratio is a calculation of the borrower’s monthly housing costs (prin

http://www.brokeroutpost.com/reference/54415.htm (Updated: 08/24/2006)

Rental Property
Many people dabble into real estate investing, or at some time or another think about purchasing rental properties. There are many things that need to be considered when looking to buy rental properti

http://www.brokeroutpost.com/reference/27975.htm (Updated: 06/26/2006)
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First Time Home Buyer Programs
A first time home buyer has more options available to them then ever before. A first time home buyer may also qualify for Down Payment Assistance Programs as well by qualifying for home loan from a le

http://www.brokeroutpost.com/reference/36710.htm (Updated: 05/16/2006)

DTI Ratio
DTI, also known as debt to income ratio, is a major factor when becoming qualifed for a mortgage.

http://www.brokeroutpost.com/reference/27180.htm (Updated: 03/17/2006)
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Down Payment Loans and Gifts
Down Payment Loans and Gifts Loans and gifts can help with your down payment but you can not use this strategy for all loan programs. The most popular program for this tactic is the Federal Housing

http://www.brokeroutpost.com/reference/18722.htm (Updated: 02/19/2006)

Free Credit Report
<center>FREE Credit Report for Consumers< center> Every consumer is allowed a free credit report once a year. Effective December 1, 2004, consumers were entitled to receive one free

http://www.brokeroutpost.com/reference/23254.htm (Updated: 02/17/2006)

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