Self-Employed Buyers: Things to Consider for Your Mortgage Application

Mortgage qualification years ago required minimal paperwork for self-employed buyers. Any buyer, especially self-employed buyers with an average credit score and a social security number could qualify for financing without income documentation. But things changed after the mortgage meltdown and housing crash that started in 2008. Now lenders are a bit more cautious about approving […]

Mortgage Qualification Do’s and Don’ts

DEAR BERNICE: We have been saving up to buy our first home. We have a number of credit cards, some with no balance. My brother thinks it would be smart to get rid of those cards that have no balance. He claims it will make it easier for us to qualify for our loan. Is […]