Episode 5: The Pre-Approval Process
Manage episode 271837438 series 2787955
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.
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