Amazines Free Article Archive - Friday, November 22, 2019
Read about the most recent changes and happenings at
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Subscriptions Manage Ezines
 Article Archive
 Advertising (133320)
 Advice (160955)
 Affiliate Programs (34735)
 Art and Culture (73688)
 Automotive (145679)
 Blogs (75053)
 Boating (9840)
 Books (17218)
 Buddhism (4124)
 Business (1328570)
 Business News (426310)
 Business Opportunities (366263)
 Camping (10962)
 Career (72734)
 Christianity (15843)
 Collecting (11637)
 Communication (115054)
 Computers (241957)
 Construction (38996)
 Consumer (49681)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18204)
 Cuisine (7538)
 Current Affairs (20387)
 Dating (45776)
 EBooks (19687)
 E-Commerce (48204)
 Education (185253)
 Electronics (83497)
 Email (6392)
 Entertainment (159831)
 Environment (28937)
 Ezine (3039)
 Ezine Publishing (5446)
 Ezine Sites (1550)
 Family & Parenting (110900)
 Fashion & Cosmetics (196389)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310272)
 Fitness (106109)
 Food & Beverages (62867)
 Free Web Resources (7938)
 Gambling (30225)
 Gardening (25107)
 Government (10513)
 Health (629522)
 Hinduism (2205)
 Hobbies (44040)
 Home Business (91556)
 Home Improvement (251351)
 Home Repair (46128)
 Humor (4823)
 Import - Export (5453)
 Insurance (45130)
 Interior Design (29546)
 International Property (3485)
 Internet (190985)
 Internet Marketing (146334)
 Investment (22824)
 Islam (1167)
 Judaism (1356)
 Law (80487)
 Link Popularity (4591)
 Manufacturing (20842)
 Marketing (98770)
 MLM (14136)
 Motivation (18213)
 Music (27005)
 New to the Internet (9479)
 Non-Profit Organizations (4048)
 Online Shopping (129616)
 Organizing (7803)
 Party Ideas (11856)
 Pets (38080)
 Poetry (2234)
 Press Release (12674)
 Public Speaking (5618)
 Publishing (7523)
 Quotes (2407)
 Real Estate (126623)
 Recreation & Leisure (95272)
 Relationships (87558)
 Research (16158)
 Sales (80321)
 Science & Technology (110221)
 Search Engines (23453)
 Self Improvement (153101)
 Seniors (6232)
 Sexuality (35942)
 Small Business (49284)
 Software (82995)
 Spiritual (23465)
 Sports (116080)
 Tax (7658)
 Telecommuting (34066)
 Travel & Tourism (307399)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11727)
 Website Design (56824)
 Website Promotion (36568)
 World News (1000+)
 Writing (35769)
Author Spotlight

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more

My mission is to help one million people recover from their exes, to provide valuable information so...more

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more

I am in Nepalest tourism industery working since 2000 as a trekking porter to the senior tour leader...more

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more

Mortgages - Improve Your Chances Of Being Approved by Andrew Stratton

Mortgages - Improve Your Chances Of Being Approved by
Article Posted: 10/31/2012
Article Views: 63
Articles Written: 5522
Word Count: 563
Article Votes: 0
AddThis Social Bookmark Button

Mortgages - Improve Your Chances Of Being Approved

If you want to become a homeowner and are not sure what is involved when it comes to mortgages, you need to learn how to improve your chances for approval before you get started. Since lenders have tightened their requirements, so it can be quite challenging for you to become approved. If you take some time to learn what you can do beforehand, you will be able to become a homeowner much sooner.

Your credit score is very important. In the past, lenders were very lenient and practically gave away mortgages to any and everyone. Now that those days have passed, lenders are scrutinizing the credit scores of every applicant they get. Before you start jumping through any hoops, find out what your scores are. If you have poor credit, your chances for approval are virtually nonexistent. However, if you are willing to work on improving your scores, you can increase your chances for approval and get better interest rates, which means a lower monthly payment.

You are entitled to at least one free credit report each year. Take advantage of that benefit and use it to learn what your scores are from each one of the three credit bureaus. Make sure that your report does not contain any outdated or inaccurate information. Those errors can drop your scores significantly. An ideal score for mortgages is anything in the mid-600s and up. While a score in the low 600s won't make you stand out, it is not unheard of to be approved for a home loan, however your interest rates will be very high. The sooner you get prepared, the easier it will be for you to meet the requirements for approval. This means that you should check your credit scores and know where you stand. Make sure that your finances are in order. Shop around for a lender that you feel comfortable with and can trust.

Start paying off some of your debt. If you owe student loans, car notes and credit card debt, start paying it off before you apply for any mortgages. Even if you have good credit, a big factor that can affect the lender's decision is your debt to income ratio. Try to contribute more to any monthly payments you are currently making on cars, student loans and credit cards. Most lenders look for candidates that have debt expenses that are less than 30 percent of their gross monthly income. By paying more towards your debt, you can lower your housing expense ratio and improve your credit score and chances for approval at the same time. Right before and during your application process, try to delay making any big purchases and opening any new lines of credit. This could case your application to be flagged and cause your application to be denied.

Make sure you have all of your paperwork together beforehand. You are going to need bank statements, pay stubs, tax returns, credit statements and documentation on anything regarding your finances. Once you have gotten everything together on your end of the table, start applying for mortgages. You have already improved your chances for approval, so now you just have to be patient.

When it comes to mortgages, Fenton, MI residents consult with the Financial Plus Federal Credit Union to get the help they need. For more information, visit:

Related Articles - mortgages, fenton, mi,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.


Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
Please enter the code in the image:

 Author Login 
Register for Author Account


Advertiser Login


   Limited Time $60 Offer!
   90  Days-1.5 Million Views  


Great Paranormal Romance


Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more

Stevert Mckenzie, Travel Enthusiast. ...more

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more

Steve Burgess is a freelance technology writer, a practicing computer forensics specialist as the pr...more

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from under the GNU FDL license