The process of getting approved for a mortgage is broken down below. 1. Understand Your Credit. Your credit score is a number that represents your creditworthiness or how likely you are to repay debt.

For many people, the mortgage underwriting process is one of the most confusing parts of home buying. However, it's important to understand what underwriting is, how it works, and why it's a ...

Getting pre-approved for a mortgage is an important first step in the home buying and home loan process and can take just a few minutes if you apply online and have your documents ready.

Getting a mortgage in 7 steps. Found your dream home? It’s time to start the process of getting a mortgage. Here is a step-by-step guide. 1. Understand your finances ...

If you’re in the market for buying a home, it’s always wise to start by getting pre-approved. But Trent Olson, vice president and mortgage senior loan officer for TowneBank Mortgage of the Carolinas, ...

Learn about the mortgage underwriting process, from application to approval, and find out what lenders look for when evaluating potential borrowers. Business Insider Subscribe Newsletters ...

Getting preapproved for a mortgage is a key step in buying a home. Here’s a step-by-step guide to help you navigate this process: Research lenders and loan officers: Look for lenders with a ...

How to Get Pre-Approved for a Home Loan: 5 Key Steps. ... It’s also a good idea to get recommendations from friends or family who have recently gone through the mortgage process.

To avoid falling victim to these, educate yourself on the mortgage process before applying for a loan. Once you do apply, work closely with your mortgage broker or loan officer, and heed their advice.

When you’re self-employed, it can be harder to prove your income to get a mortgage. Find out how to apply for a mortgage when you work for yourself.