Everyone knows it's harder than ever to get financing. One third of all borrowers don't qualify for mortgages. 
With tightening credit markets, lenders have become more selective about who qualifies.
So what can that one third of potential home buyers do to increase their chances of being approved? My colleague Sue Stewart of MortgageMatch.com has 27 years in the mortgage industry under her belt, and overseen all aspects of major mortgage banking operations for leading home builders and real estate brokerage firms.
She put together an excellent post with 9 steps that potential home buyers can take to increase their chances of being approved for a mortgage. Most of these are steps that borrowers can take right now, before they even apply for the loan. To see her top 9 tips, check out her post at http://real-estate.equifax.com/2011/02/9-things-you-should-do-to-get-mortgage.html.
Ilyce Glink is the author of several books, including 100 Questions Every First-Time Home Buyer Should Ask and Buy, Close, Move In!. She blogs about money and real estate at ThinkGlink.com, The Equifax Personal Finance Blog and CBS Moneywatch She is Chief Content Strategist at RealtyJoin.com, a community for real estate investor
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