If You Can Afford To Rent In Trinity, You Can Probably Afford To Buy!
Historically low rates in 2021 are making home buying easier than ever, especially when compared to renting in the Trinity, Odessa, & Wesley Chapel areas!
Your realtor took you to look at the perfect home, with a pool. You made an offer, and it was accepted.
Sounds like the typical story, right? Not so much.
Because you got a pre-approval from a lender who didn’t look at your financial documents. You didn’t actually qualify to buy the home you fell in love with.
This scenario happens more often than you might realize. Please ask your broker these three questions.
- Did you review my pay stubs, W2s, bank statements, P&L, Tax Returns?
- Did you pull an RMCR credit report or an one-bureau in-file credit report?
- Did you run my loan through the Freddie Mae, Fannie Mac underwriting engine for approval?
If your lender reviewed the documents properly, ran an RMCR credit report, and ran your loan through Freddie and Fannie, you are in great shape. If not, you might not be working with the wrong mortgage broker.
If you are still confused by what questions to ask, give us a call,
(727) 376-6900. We can explain how your documents, RMCR report, and underwriting can affect your purchasing power.
Start Your Home Loan with Chissell Mortgage Group.
Your local mortgage broker.
NMLS #2062741
Mortgage Broker Trinity, Florida
See Chissell Mortgage Group Reviews.
Are yo ready to start your home or commercial loan?
Click to Share
