I lost my job before my mortgage closing. What should I do now?
Job loss before closing can reopen a mortgage approval. See what to disclose, what to recalculate and how responsible A, alternative or temporary routes may be tested.
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I was pre-approved, but my financial situation changed before closing. Can the lender decline me?
A pre-approval can change before funding. Diagnose the change, protect the closing timeline and compare responsible A, alternative, MIC or private routes.
My mortgage was declined because my down payment or closing funds were not accepted. What can I do?
A practical way to distinguish missing funds from an unacceptable source or incomplete paper trail—and compare responsible closing options.
My mortgage was declined because of credit or debt. What can I do next?
A practical way to separate a credit-history decline from a debt-service problem and compare responsible A, B and short-term private options.
Can rental income help me qualify?
Yes, rental income may help you qualify, but the amount a lender recognizes needs to be checked before you build your purchase budget around it. If the home […]
My mortgage was declined. What should I ask the lender or broker first?
A mortgage decline needs a clear diagnosis before you apply again. Learn the questions to ask, what may have changed and when a second opinion may help.
Mortgage term vs. amortization: what is the difference?
You’re looking at a mortgage offer that says “three-year term” and “25-year amortization.” It’s reasonable to wonder: which one tells you when the mortgage is finished? The 25-year […]