The requirements for mortgage loan applications vary slightly from lender to lender. Still, for a mortgage loan application to be approved, some fundamental criteria must be met, known as the four ...

Here are a few reasons to get pre-approved for a mortgage today if you're trying to buy a home. ... you may end up surprised if you only qualify for a $500,000 mortgage loan.

Again, this depends, but you shouldn’t wait too long for a mortgage loan approval. “If you’re working with a lender you can trust, a preapproval should take three to seven business days ...

For example, if you have a monthly income of $7,000, a lender would want to see your total monthly debt -- including your car loans, student loans, minimum credit card payments and your mortgage ...

If you’re in the market for buying a home, it’s always wise to start by getting pre-approved. But Trent Olson, vice president ...

An underwriter has not approved and issued your mortgage pre-approval, your loan officer did. There is no processing of the preliminary loan file and there is no underwriting review.

The bestselling author shares the harsh truth about how bankruptcy can impact your ability to obtain a mortgage loan.

Keep in mind a mortgage pre-approval letter doesn’t mean that you’ll actually get the loan. Instead, it tells a seller that the lender will likely approve your loan application. How to Get Pre ...

How to get pre-approved for a mortgage. Here are the basics on how to get pre-approved for a mortgage. Check your credit report. Your credit reports and scores will play a key role in the pre ...

A conditionally approved mortgage means the mortgage lender will likely approve your loan application, assuming you meet certain criteria. Conditional approval of a mortgage loan does not ...

Black homebuyers struggle with securing a mortgage loan and a new study found these challenges are unlikely to disappear ...

There is bittersweet news on the home loan approval front for African Americans, a new report reveals. Mortgage loans are denied at the lowest rate in the past 20 years, but a stark divide remains ...