July 17, 2008

Mortgage approval made easy

By Marcie Geffner • Bankrate.com

Whether you're buying a home or refinancing an existing home loan, you'll soon find out that lenders today are a picky and demanding bunch when it comes to loan approvals. Even well-qualified borrowers are expected to jump through some pretty high hoops to qualify for financing.

But fear not: These tips and suggestions can help you make the best possible impression on the lender of your choice.

Just as job-hunters may wonder what top employers want to see on a resume, prospective borrowers may be curious about what lenders look for on a loan application.

Read the rest of this story: http://www.bankrate.com/brm/news/mtg/20080710-mortgage-requirements-a1.asp