Real estate blog entries tagged with mortgage denial by Mortgage Services, Inc.

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Home : Blogs : Ronald A. Giannamore : Ron's Blog : Tag "mortgage denial"

mortgage denial: THE SECRET FOR BUYING A HOME! - 02/10/11 10:42 AM

The truth is there is NO secret! The simple fact is that lenders and the government have not changed the areas of focus, income, credit, and -..... They have just increased standards for approval. They no longer are willing to accept borrowers who have not demonstrated the ability to manage the responsibility of owning a home and all the problems that occur when doing so. They do not want to be calling up a borrower shortly after a borrower has obtained a home wondering where the mortgage payment is....they want to feel very comfortable that if they sat yes and approval … (0 comments)

mortgage denial: HOME-BUYERS DON'T GIVE UP! - 10/31/10 09:55 PM

Many potential home-buyers have had to deal with increased down payment requirements, tighter debt to income ratio requirements, and higher credit score requirements during the past 2 years and it seems to be getting tougher..... the good news is that if you have a job and are generating income it is just a matter of time before you'll be able to qualify for a new home of your own. Although it may be very frustrating for you and your real estate agent, there is light at the end of the tunnel. And although it might be frustrating you will benefit in … (2 comments)

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Ronald A. Giannamore

Westport, CT

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Mortgage Services, Inc.

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