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:
Changing Employment Status
Maternity leave
Taking on new debt
Co-signing a Loan (mortgage or car)
Disability
Down payment
Adding a co-signer
Change in property type
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.