Spring Lake, Sea Girt and Wall Township real estate and homes for sale in New Jersey, Waterfront - Donna Fahy-Waters, REALTOR® Donna Fahy-Waters REALTOR(r) for Spring Lake, Sea Girt and Wall Township, New Jersey real estate, Waterfront - NUMBER1EXPERT™ Donna Fahy-Waters NUMBER1EXPERT(tm) for Spring Lake, Sea Girt and Wall Township, New Jersey real estate, Waterfront
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Real Estate Tips
Financing Your Home >Qualifying Guidelines

It may be difficult to qualify for a home mortgage loan. As a buyer, you may find the perfect home, but finding the perfect financing might become elusive. After you complete the application process, your lender may turn you down, which is an upsetting development for any prospective homebuyer. What can be done to remedy such a setback?

The answer depends on why you were turned down. If your income is too low to satisfy one mortgage company, there might be another company with more liberal qualifying guidelines. If you have had credit problems, some lenders may be more willing than others to help you clear them up in a manner that satisfies their underwriters. If your loan runs into problems, sit down with the loan officer and your real estate agent to investigate the possibility of using a different lender. The first company may be able to "assign" the package to a competitor, enabling you to use your same credit report and appraisal. You will need the cooperation of your sellers, too.

While loan rejections are disappointing, they can be resolved.

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Real Estate Trivia
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Where would you go if you wished to stay in the world's most expensive hotel room?

A 
The Imperial Suite at the President Wilson Hotel in Geneva, Switzerland, which can be reserved for $33,000 per night.
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Donna Fahy-Waters, REALTORŪ, real estate agent and broker for Spring Lake, Sea Girt and Wall Township New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Donna Fahy-Waters and Linda Romano
Coldwell Banker Residential Brokerage

1122 Third Ave
Spring Lake, NJ 07762
Office: (732) 449-2777
Cell: (908) 601-0645
Fax: (732) 449-0352
donnafw@NUMBER1EXPERT.com

Our commitment to excellence dominates our approach to all of our clients. Acknowledged as industry leaders in the top 1% of all Realtors nationwide our results reflect our sales, marketing and business backgrounds. From condos to castles, Expect the Best!

Equal Housing MLS REALTOR


Coldwell Banker Residential Brokerage real estate and homes for sale in Spring Lake, Sea Girt and Wall Township New Jersey

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