How can I increase my chances of approval for a loan?
This is my first time buying a home and I’d like to know what increases the chances of getting approved for a conventional loan? I’ve read that Income, Assets, Credit, and Debt are the foundations that contribute to one’s ability to close a loan. What are the minimum requirements for each category? by paothegreat450 from Chandler, Arizona. Jul 15th 2022
Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions
My best advice after 25+ years as a Loan Officer is to tell you to stop trying to figure it out yourself, and to simply make application with a local mortgage broker in your area. There are no costs or obligations for us to review your information, then zero in on exactly what you qualify for. I lend for properties in MN, WI, IA, ND, SD. Find me at JoeMetzler.com, Cambria Mortgage, NMLS 274132
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