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Financing in Newark : Real Estate Advice

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Activity 1
Mon Jun 1, 2009
Bob McClure answered:
good afternoon.....it is important also to know what you did (or didn't do) prior to your current employment...where you in school?..did you work another job?..etc, etc....the first "look-see" a lender has regarding a borrower's credit and credentials, is his or her perspective of your situation and his/her general understanding and knowledge of underwriting guidelines..without asking enough questions, it is impossible to properly assess the right mix of credentials that will make the loan work to your best benefit......they truely may not be able to use your income, but, if you feel your loan rep. didn't ask enough questions....please seek additional input from others....i hope that helps...bob mcclure- success mortgage partners- plymouth, michigan.... ... more
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