Mortgage Qualification Demystified

Although every new borrower goes into a mortgage thinking that it’s a magic process full of unknown factors that appear randomly when they least expect them, the truth is that qualifying for a mortgage is fairly straightforward. It just seems like a gauntlet because you get so much new stuff thrown at you all at the same time, and you’re sort of seriously stressed worrying that you won’t be approved after jumping through so many hoops. Almost every borrower goes through this high pressure experience, unfortunately, but knowing what to expect can make it a little easier.

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