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2. Income requirements to qualify for a mortgage - AOL

   www.aol.com/finance/income-requirements-qualify...

   Employment record: Many lenders want to see you’ve had steady employment and income before applying. Requirements vary by lender. Requirements vary by lender. Credit score: For a conventional ...

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

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

   Mortgage prequalification gives you a basic estimate of the loan amount a lender might extend you to help finance a house purchase. It’s not as concrete as mortgage preapproval , but it can help ...

4. 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 ...

5. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [2] Mortgage calculators are frequently on for-profit websites, though the Consumer Financial Protection Bureau has launched its own public mortgage calculator.

6. Mortgage Credit Certificate - Wikipedia

   en.wikipedia.org/wiki/Mortgage_Credit_Certificate

   The amount of mortgage credit allowed varies depending on the state or local government that issues the certificates, but is capped at a maximum of $2000 per year if your State's rate is over 20%, by the IRS. As an example, if a homebuyer were to receive an MCC that offers a 30% credit on a $200,000 loan for 30 years with a rate of 6%, the ...

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

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

   Keep in mind, though: It might make more sense from a mortgage qualification standpoint to pay down or pay off another loan instead of putting all of your excess funds toward eliminating credit ...