The document discusses 8 common mistakes people make when applying for a mortgage. These include excessively transferring money between bank accounts, over-estimating income, not knowing your credit score, looking at properties outside your price range, tight timelines, being unprepared with paperwork, and limiting mortgage options. The author recommends working with a mortgage broker to avoid these issues and ensure the strongest possible mortgage application.
If you answer 'YES' to any of these questions, you could benefit from a mortgage check-up. Take the test now and see if you could be saving money every month.
If you answer 'YES' to any of these questions, you could benefit from a mortgage check-up. Take the test now and see if you could be saving money every month.
VA Loans for Vets NMLS#184169
5050 North 40th Street, Ste 260
Phoenix, AZ 85018
602-908-5849
Jimmy Vercellino is one of the nation’s top VA Home Loan mortgage originators. A Marine veteran, he and his team work hard to help veterans take advantage of their VA loan benefit and become homeowners. From start to finish, they guide their clients through the process and make it as smooth and stress-free as possible. Visit the site at https://www.valoansforvets.com
Jimmy Vercellino is one of the nation’s top VA Home Loan mortgage originators. A Marine veteran, he and his team work hard to help veterans take advantage of their VA loan benefit and become homeowners. From start to finish, they guide their clients through the process and make it as smooth and stress-free as possible. Visit the site at https://www.valoansforvets.com
VA Loans for Vets NMLS#184169
5050 North 40th Street, Ste 260
Phoenix, AZ 85018
(602) 908-5849
If you have not already, it likely won't be long until you run into life circumstances where somebody requests to see your credit. From buying a cellular phone to obtaining a home mortgage, credit report reports and ratings are utilized by services to calculate your credit reliability and establish your loaning terms.
Website - https://whatcomcreditrestoration.com
Are you struggling to get finance? Do you keep being declined, and you’re not sure why? Our handy top 5 tips to improve your credit rating could help you.
First Time Home Buyer Class Sacramento CaliforniaHomeBoom.com
Learn about first time home buyer programs to purchase real estate. First time home buyer loan programs are our there to help you buy your first home. Down payment assistance and special government programs can help with closing costs. HomeBoom.com is a great place to search for the perfect house.
Should You Rent or Buy- Take the quiz now!Mortgage Girl
Is it time to move out of your parents place? Or finally time to get a home of your own? Find out if you're ready to buy. Or maybe renting for a bit longer may be better for you. Take the quiz to find out!
VA Loans for Vets NMLS#184169
5050 North 40th Street, Ste 260
Phoenix, AZ 85018
602-908-5849
Jimmy Vercellino is one of the nation’s top VA Home Loan mortgage originators. A Marine veteran, he and his team work hard to help veterans take advantage of their VA loan benefit and become homeowners. From start to finish, they guide their clients through the process and make it as smooth and stress-free as possible. Visit the site at https://www.valoansforvets.com
Jimmy Vercellino is one of the nation’s top VA Home Loan mortgage originators. A Marine veteran, he and his team work hard to help veterans take advantage of their VA loan benefit and become homeowners. From start to finish, they guide their clients through the process and make it as smooth and stress-free as possible. Visit the site at https://www.valoansforvets.com
VA Loans for Vets NMLS#184169
5050 North 40th Street, Ste 260
Phoenix, AZ 85018
(602) 908-5849
If you have not already, it likely won't be long until you run into life circumstances where somebody requests to see your credit. From buying a cellular phone to obtaining a home mortgage, credit report reports and ratings are utilized by services to calculate your credit reliability and establish your loaning terms.
Website - https://whatcomcreditrestoration.com
Are you struggling to get finance? Do you keep being declined, and you’re not sure why? Our handy top 5 tips to improve your credit rating could help you.
First Time Home Buyer Class Sacramento CaliforniaHomeBoom.com
Learn about first time home buyer programs to purchase real estate. First time home buyer loan programs are our there to help you buy your first home. Down payment assistance and special government programs can help with closing costs. HomeBoom.com is a great place to search for the perfect house.
Should You Rent or Buy- Take the quiz now!Mortgage Girl
Is it time to move out of your parents place? Or finally time to get a home of your own? Find out if you're ready to buy. Or maybe renting for a bit longer may be better for you. Take the quiz to find out!
A helpful guide for Home Buyers ~ Helping you find answers to your real estate questions. Provided by Title 365 and your online connection Account Manager Sara Forkel. Please feel free to visit website at www.Title365.com or email me directly at Sforkel@Title365.com.
Mortgage Documents Required For A Mortgage ApprovalMortgage Girl
Wondering what kind of documents you will have to provide in order to get a mortgage approval? Read this and find out the most commonly requested documents.
You own a home now, but it’s time to make a change. If you’re moving up or downsizing you probably have questions about how it all works. This article is about the logistics of buying another home while you still own your existing property, making it a smooth move.
Here is a great document about stopping the foreclosure process in Michigan. You can also find more information at www.stopmichiganforeclosure.com it is a website with a lot of valuable information about avoiding foreclosure on your home in Michigan.
Rent-to-Own has become a trend for homebuyers who can't qualify to buy right now. Before you think about sign on the dotted line, read this first! Real estate & mortgages should not be complicated, learn the basics with our newest slides.
This will walk you through the process of obtaining a mortgage while self-employed. This includes information on document and downpayment requirements, minimum credit score, interest rate expectations and self-employment definitions.
You probably know how much your mortgage payment is, but do you know what's in it? This will explain what's in a mortgage payment, and all the fun things you can do with it. Enjoy!
5 Things you should know about financing a condoMortgage Girl
There are many items you should be aware of before buying a condo, in my opinion the 5 most important ones from a financing perspective are included in these slides.
Quiz: Are you ready to buy your first rental propertyMortgage Girl
Buying your first rental property is a big commitment and investment.This quick quiz is meant to act as a preliminary checklist before you take the next step in the buying process.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
2. With mortgage lending guidelines tightening 4 times over
the past 5 years, it’s become evident that getting a
mortgage is not as easy as it used to be. To ensure you can
qualify under the new rules, at a minimum you need a
downpayment, stable income and a satisfactory credit
history, and even that isn’t a guaranteed formula for
financing approval.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412
3. Even if a borrower meets the minimum
qualifying guidelines required to get
approved, there are still some mistakes
you can avoid in order to facilitate a
favorable financing outcome. Below is a
brief overview of a few of the most
common things we see affecting a
borrowers mortgage approval status.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412
4. Avoid excessive transferring
between bank accounts
1
There are a few ways to obtain a downpayment in order
to purchase your new home and this tip applies when you
are saving up your own downpayment. Under the
Canadian Anti-Money Laundering Act you are asked for
confirmation the downpayment is from your own
resources. To do that, you need to provide a 90 day
history of the funds to show they have accumulated over
that period of time or have simply been in your possession
for at least that period of time and not just all deposited at
once.
Be aware if you are moving money around between
various accounts, you will be asked for transaction
histories from ALL of your accounts.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca /780.433.8412
5. Avoid excessive transferring
between bank accounts
1
If you are unable to provide sufficient
supporting documentation for any larger
deposits, those funds MAY NOT be used
towards your downpayment.
If you are unsure, do disclose ALL details of
where your downpayment is coming from
to the mortgage professional prior to
proceeding with your home purchase.
.5
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412
6. Over-estimating your income
2
One of the most important requirements of
obtaining a mortgage approval is the qualifying
income. Before you begin the process of
applying for mortgage financing, make sure your
mortgage professional is fully informed of exactly
how you earn your income.
This is especially important when you are selfemployed, paid bonuses or overtime, on contract
or paid by commission.
This will ensure your personal information is
accurate from the get-go and there will be no
unpleasant news after you believed your
mortgage would be approved.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412
7. Not knowing your credit score
3
Given we have already covered downpayment
and income guidelines, it is now time to review
the credit requirement as it is equally as important
in determining whether you can qualify for the
financing at this time.
With credit, what you don’t know CAN hurt you!
Being aware of what is on your credit report
before you begin the mortgage application
process will enable you to correct any
inaccuracies as well as to provide accurate
explanations for any credit issues you have
experienced in the past. And if your credit is
good, you have peace of mind knowing you can
request the most competitive interest rate.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412
8. Budget breakers
4
Avoid looking at property that is simply out of your
price range by getting a pre-approval. A preapproved mortgage will not only rate protect you
for up to 4 months, it will direct you on what is an
acceptable price range to shop in.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412
9. Low appraisal value
5
An appraisal may be required when you are
purchasing a home or considering a mortgage
refinance.
An appraisal confirms the value of the home by
comparing it to recently sold similar homes in the area.
If the appraised value does not support the purchase
price or estimated value of the home, your mortgage
approval could be withdrawn or in the case of a
purchase. If you still want to proceed, a larger
downpayment may be required if the seller is not
prepared to negotiate.
If you do have any questions or concerns about the
value of the subject home prior to proceeding with
financing, talk to your mortgage professional about an
automatic evaluation in lieu of an appraisal.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412
10. Tight timelines
6
A mortgage, like home buying is a process and
should not be rushed. This is a big commitment that is
going to impact the lifestyle you lead and you should
avoid getting pressured into making quick decisions
without being fully aware of all the financing options
available these days.
In order to not jeopardize your physical health and
well being with unneeded stress, we suggest you
have ample time to remove financing conditions for a
new home purchase if at all possible ; and given
there are a lot of other parties involved in the
mortgage registration process it is also advisable to
set a reasonable closing date to ensure you can
actually close on the possession date.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412
11. Late to prepare your paperwork
7
Sometimes issues come up during the mortgage process
that can’t be avoided; though most often can be dealt
with. The key is to be as prepared as you can and in
order to do that, you must have an open and active
dialogue going with the mortgage professional
throughout the entire process.
After the initial “conditional” mortgage approval is
received from the lender, you will be provided with a list
of what documentation is required in order to satisfy
those “conditions”. The list will include confirmation of
income and downpayment among other things
depending on your individual finances.
It's a good idea to have as much paperwork ready as
possible ahead of time that can be reviewed by your
mortgage professional prior to you putting in an offer.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412
12. Limiting your options
8
When you have less than a 20% downpayment, you as
well as the property have to be approved by both the
lender and the default insurance company. This
insurance covers the lender in the event the borrower
defaults and the premium for the insurance is passed
onto the borrower and added to the mortgage amount.
The cost does decrease as the downpayment amount is
increased.
There are presently 3 insurance companies operating in
Canada, however, majority of the lenders only deal with
1 or 2 of the three.
Increase your odds of approval by working with a
mortgage professional and lender who have access to
all three insurance companies instead of limiting your
selection by a third.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412
13. Questions? Let’s chat!
Jackie Woodward
Mortgage Broker, TMG
Phone: 780.433.8412
Email: info@mortgagegirl.ca
Visit: www.mortgagegirl.ca
Getting approved for a mortgage can be quite stressful, however,
educating yourself on the mortgage process and knowing what to
expect can prepare you for any situation that arises. I hope this
article will act as a prevention checklist for you to ensure your
bases are covered and set up for a home run. As always, I
recommend you contact your favorite mortgage professional to
ask any specific questions you may have about your own
mortgage options in order to ensure you’re getting accurate
information that applies to you.
Jackie Woodward // Mortgage Broker, TMG // info@mortgagegirl.ca // 780.433.8412