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FLORIDA Real Estate | iChunes Ent. Magazine
BECOMING a homeowner is a PROCESS! Its like putting a PUZZLE
together. You need all parts of the puzzle to fit BUT most people don't
know what pieces they need to work on.
Together with our preferred team of mortgage and credit professionals we
are here to help you AVOID the FRUSTRATION and help you SOLVE
the puzzle of homeownership! There are four main categories that the
lender will look at are as follows:
1. CREDIT—620 & above is preferred; your payment history will be
considered.
2. INCOME—you will need proof for the past 2 years.
3. EMPLOYMENT—you will need proof for the past 2 years.
4. DEBT TO INCOME (DTI) RATIO - Your housing debt and liabilities
vs your income will be evaluated to make sure you do not exceed the
lender's guideline ratios & will determine how much you can afford!
Contact me today so we can help you fit the pieces of the PUZZLE.
~ Written by Donna Morton
RE Broker, Florida Summer Homes Realty
ichunes Ent. Magazine Contributing Writer
Email: Donnamorton22@gmail.com
23 January / March 2018
