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Episode 5: The Pre-Approval Process

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Manage episode 271837438 series 2787955
Content provided by Texas State Affordable Housing Corporation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Texas State Affordable Housing Corporation or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

What goes into calculating a pre-approval? Do you know your DTI ratios? Join Connie Tharp with Hometrust Mortgage and TSAHC’s very own Joniel LeVecque as we discuss the process of finding a lender, discover how mortgage companies look at credit, and the home prices you should consider.

  continue reading

Chapters

1. Episode 5: The Pre-Approval Process (00:00:00)

2. What are the recommended steps for finding a lender? (00:02:59)

3. What are the qualities to look for in a good lender? (00:03:50)

4. How much can a home buyer borrow for a home? (00:09:05)

5. What steps should you take before a lender pulls your credit? (00:11:00)

6. How much down payment is required? (00:12:32)

7. What are the different ratios involved in the mortgage approval process? (00:13:33)

8. What are the 4 C's of credit? (00:14:53)

9. What is pre-approval and what can a home buyer expect during the pre-approval process? (00:18:06)

36 episodes

Artwork
iconShare
 
Manage episode 271837438 series 2787955
Content provided by Texas State Affordable Housing Corporation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Texas State Affordable Housing Corporation or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

What goes into calculating a pre-approval? Do you know your DTI ratios? Join Connie Tharp with Hometrust Mortgage and TSAHC’s very own Joniel LeVecque as we discuss the process of finding a lender, discover how mortgage companies look at credit, and the home prices you should consider.

  continue reading

Chapters

1. Episode 5: The Pre-Approval Process (00:00:00)

2. What are the recommended steps for finding a lender? (00:02:59)

3. What are the qualities to look for in a good lender? (00:03:50)

4. How much can a home buyer borrow for a home? (00:09:05)

5. What steps should you take before a lender pulls your credit? (00:11:00)

6. How much down payment is required? (00:12:32)

7. What are the different ratios involved in the mortgage approval process? (00:13:33)

8. What are the 4 C's of credit? (00:14:53)

9. What is pre-approval and what can a home buyer expect during the pre-approval process? (00:18:06)

36 episodes

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