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Feb
9
6:50AM | posted by Shelley Ng | February 9, 2011 | comments: 2
5 Things To Do When Your Mate Can't Qualify For A Mortgage
Lending guidelines are tighter than a Nicki Minaj outfit and so more and more wanna-be buyers are running into a major financial dilemma: one partner qualifies for the home loan, but the other's job record, credit blemishes or insufficient income fouls up the financing. Financial expert Vera Gibbons of WalletPop.com was here to explain what to do.
• Don't play the blame game, but take action
• Diagnose and fix the problem
• Qualify on your own
• Get a co-borrower
• Wait and see
To learn more about the mortgage process, visit walletpop.com.
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Comments: 2
Good Morning,
First I would like to say that I am a long time fan of Channel 11 Morning News, I watch it every morning. However, I had to write regarding the segment on "Mortgage Qualifications".The Mortgage Rep, along with Chris made a comment about Realtors, saying something along the lines of "Knowing how "Realtors" are they come in quick, list and then look for the commission check". I took offense to that remark. Ive been a Realtor for almost ten years, I work for a great Real Estate Company (Weidel Realors) we take pride in our jobs and work very hard for our clients. I felt as though they grouped all Realtors into one category, which is wrong, its just like any other profession, the majority of Realtors are very conscientious and dedicated. Thank you for your time.
Dawn Romano
Weidel Realtors
Hamilton Square, NJ
"Lending guidelines are tighter than a Nicki Minaj outfit..." Like we all know who that is! You can do better than that so we all can understand...