Watch the original video: Chris Lamm- Redding Mortgage Lender | What Does It Take To Get Pre-Approved?
From The Desk Of Chris Lamm,
Happy April.
This month I wanted to bring it back to the basics and educate on what it takes to get pre-approved.
If you have any questions or were interested in seeing what you qualify for, don’t hesitate to reach out.
Have a GREAT month,
Chris Lamm
CASH, CREDIT, INCOME
These are 3 things that every Mortgage Lender looks at when qualifying someone:
Cash { someone’s ability to come up with a down payment, cash to close, etc.}
Credit { aka credit score, which is pulled from the three major credit bureaus }
Income { the ability to pay the loan back }
Remember, there is never a bad time to see what your options are. You would be surprised how many people still think that they need the standard 20% down and a perfect credit score in order to qualify for the house of their dreams. There are so many options now that it is never a bad idea to look into what you qualify for, even if you think you may be a ways out from buying. Me and my team are here to help make the process simple and educate you along the way. Cheers to making processes simpler and more accessible to you getting to the house of your dreams.
-Chris