How to increase your mortgage loan approval odds presented by Richard Stewart Kalamazoo MI Realtor

How to improve your chances of mortgage approval. These are things you should consider to enhance your eligibility for a home loan. Add an earning family member with a good credit score as a co-applicant. Check your credit score regularly so that you can take corrective steps to enhance it if it is low. Pay your bills on time to build a good credit score and increase your loan eligibility. It may be a good idea to open a lender you choose after shopping around. Declaring any additional income source can help you qualify for a home loan by demonstrating your ability to repay. A longer repayment term can increase your home loan eligibility but result in a higher interest rate over the term of the loan. I am here to answer your real estate questions. Richard Stewart 269-345-7000 REO Specialists Llc Kalamazoo MI