Posts Tagged ‘debt-to-income ratio’

How To Apply For A Mortgage Loan

March 15, 2010  |   Featured   |   Mortgage Mike - Admin  |   0 Comment

How To Apply For A Mortgage Loan

Thinking of buying a new home?  Whether you're a first-time homebuyer or just looking to refinance, we can walk you through the process of finding a house and obtaining the right mortgage loan for your needs. If you are ready to apply or are interested in getting prequalified, just select the option below that is most convenient for you. Complete our Quick Loan Application Form.   This process usually takes less than five minutes. A loan officer will contact you once we receive your application. Give us a call and we will take your loan application over the phone.  817-527-3164 or 817-658-0504 Send us an email describing your situation and what you are looking to do (purchase, refinance, etc). Have a Loan Officer contact you. As always, if you have any questions please don't hesitate to contact us and we will get back to you as soon as possible. DFWMORTGAGEGUIDE.COM is an equal opportunity lender.

Qualifying For A Mortgage

July 08, 2009  |   Mortgage Blog   |   Mortgage Mike - Admin  |   21 Comments

Qualifying For A Mortgage

Unless you find yourself in the rare situation of having a few hundred thousand dollars laying around (or stuffed under your mattress), you're going to have to take out a mortgage if you want to purchase a house. There just isn't a way around it. So here's some tips for getting the process started, or as we call it in the mortgage biz, "getting pre-qualified." The first thing you are going to need to do is make sure all of  your finances are in order. If managed early (and correctly), this can help so there won't be any inconvenient roadblocks at the last minute that might prevent you from buying your dream home. Long story short, lenders are going to look at a few specific things before they give you the green light to go shopping for your first mansion.  Here they are: 1. Your credit history. Pretty much the first thing the banks will do when they see your name is pull a copy of your credit report and check it very thoroughly.  Banks do this because ...