Riches with Rentals is a dedicated to people thinking of investing in the simple lucrative world of properties and becoming business entrepreneur.
Lest face it, every riches person in the world will want to buy land or own vast properties everywhere.
That will be let for rentals. That where money is made with Riches With Rentals
There are many factors that can affect your mortgage application and possibly get you denied. Lenders want to see an applicant who is credit worthy and can show ability to repay. It is important to understand what factors will hurt you and to plan ahead to be sure you present the best financial picture to the lender at the time of the application.
Credit is a huge factor is approving a mortgage. If you don’t have a good credit score, you won’t qualify for a conventional mortgage, leaving you with only sub-prime options. These are very costly with higher interest rates. It is crucial to know your score before you apply. This gives you time to fix any problems on your report. If your score is low, a few months can make all of the difference. Be sure to pay down credit card balances before applying for your mortgage. This accounts for about thirty…
View original post 318 more words