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Common Questions
Tips and Tricks for Getting Approved
Can I get a blanket mortgage for two properties?
How can I influence an appraisal?
How does a shared-equity home purchase work?
Is it difficult to finance an "as is" purchase?
Should I ever pay more than appraised value?
Should I put a contingency in the purchase agreement for an appraisal?
What are some options for financing a fixer-upper and making improvements?
What does loan approval entail?
What is the difference between a loan originator and an underwriter?
What is the qualifying ratio of income to debt that lenders consider in making a loan?
What loan-to-value ratio is used on refinances?
What paperwork do I have to submit for a loan if I am self-employed?
When can I remove my financing contingency from a purchase contract?
Why do I need a financing contingency?
Will an appraiser decrease the value of an in-law unit if it is not legal?
What is a Loan Approval and Disclosure Package?
What should I do with my Loan Approval?
What if I can't find my original bank statment or paycheck stub?
Can I get a loan if Im not a US citizen?