Important Changes That Can Impact Your Mortgage Qualification


When applying for a mortgage, it's crucial to be aware of potential changes that can impact your mortgage qualification. Here are 9 changes that can greatly affect your mortgage approval:

  1. Changing Employment Status

  2. Maternity leave

  3. Taking on new debt

  4. Co-signing a Loan (mortgage or car)

  5. Disability

  6. Down payment

  7. Adding a co-signer

  8. Change in property type

  9. Change in location

Each of these changes can have a significant impact on your mortgage qualification. It's important to have a conversation with us before making any decisions that could potentially affect your mortgage approval. We can help you evaluate your options and ensure a smooth and successful mortgage process.