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2. 13 Tips On How To Get Preapproved for a Mortgage - AOL

   www.aol.com/13-tips-preapproved-mortgage...

   “This will give you an idea of what kind of interest rates and loan options you may qualify for.” You can request a free credit report from each of the three major credit bureaus — Equifax ...

3. How to write a letter of explanation for a mortgage - AOL

   www.aol.com/finance/write-letter-explanation...

   Issues on your credit report: Perhaps you were delinquent on past debt payments. Your letter of explanation accounts for your tardiness or other issues. Your letter of explanation accounts for ...

4. Documents needed for mortgage preapproval - AOL

   www.aol.com/finance/documents-needed-mortgage...

   Documents such as employment and income verification, asset statements, debt information, credit history and identification are necessary for mortgage preapproval.

5. What to do when your mortgage application gets denied - AOL

   www.aol.com/finance/mortgage-application-gets...

   However, student loans can impact your ability to qualify for a mortgage, as they are considered as part of your overall debt load and can affect your debt-to-income ratio (DTI), a key factor ...

6. Pre-qualification - Wikipedia

   en.wikipedia.org/wiki/Pre-qualification

   In a mortgage context, pre-qualification denotes a process that has not yet been underwritten by the lending institution. Typically, subprime lenders will allow 50% DTI. . Common monthly debts used for calculating DTI are mortgage (or new mortgage payment), auto payment(s), minimum credit card payment(s), student loans, and any other common monthly or revolving debt that is on the applicant's ...

7. How to shop for a mortgage without hurting your credit score

   www.aol.com/finance/shop-mortgage-without...

   The more debt you have, the less mortgage you will qualify for. Check your credit report. Whenever you apply for a loan, knowing where you stand credit-wise is important. If you check your credit ...

8. Does mortgage prequalification affect your credit score? - AOL

   www.aol.com/finance/does-mortgage...

   Have a good credit mix: Mortgage lenders want to see you can balance revolving credit lines (credit cards) while also making timely payments on installment accounts (car, student, personal loans).

9. Mortgage underwriting in the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting_in...

   Credit is what the underwriter uses to review how well a borrower manages his or her current and prior debts. Usually documented by a credit report from each of the three credit bureaus, Equifax, Transunion and Experian, the credit report provides information such as credit scores, the borrower's current and past information about credit cards, loans, collections, repossession and foreclosures ...