Income Qualification

The analysis of an applicant's income to determine whether it is qualified, according to mortgage lender's guidelines, for a particular loan program. The lender normally qualifies the applicant's income by determining the debt-to-income (DTI) ratio and comparing that against the maximum ratios allowed for the particular loan program. For more information about how lenders assess income, see the "Analyzing Employment & Income" article in the "About Loan Processing" section.

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Real Estate 101

Real Estate 101

This book makes it easy to not only buy a home, but figure out everything that you need to do, even get a loan. In simple and easy to understand language, it talks about where you should buy a home, what to look for in a home, how to find a home, how to get an agent, how to get a mortgage and more. This is a step by step process that you, a new home buyer, can use to purchase a home.

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