Monday, April 13, 2015

Applying for a mortgage? Do these 8 things first

http://rack.2.mshcdn.com/media/ZgkyMDE1LzA0LzEzLzQ2L0ZpbmFuY2VzLmJjYThjLmpwZwpwCXRodW1iCTU3NXgzMjMjCmUJanBn/c8db1d92/609/Finances.jpg // Finances

Deciding to buy a new home is a big decision that comes with a lot of responsibility, and it all starts with applying for a mortgage, which can be a bit daunting.


In fact, two-thirds of people who are currently searching for home financing say they feel overwhelmed by the amount of information available on the topic, especially if they are under 30 or first-time home buyers — 76% of first-time buyers said they felt overwhelmed, compared with 54% of repeat ones.


While there's a lot of advice out there on where to look and what to do when it comes to finding and applying for a mortgage, it's also true that too much information can sometimes be a bad thing. We consulted experts to whittle it down to the eight best things you can do to get your finances in shape for a fast mortgage qualification. Read more...


More about Mortgage, Finances, Lifestyle, Home, and Work Play



from MashableCheryl Lock
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