What's the Easiest Way to Get Approved for a Loan?

There are many great Atlanta area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (678) 488-8927 for a FREE home buying or selling consultation to answer any of your real estate questions.

In the past year, we have seen historically low interest rates and a ton of brand-new, low-down payment financing options for mortgages. While the rates are still low and affordable, the biggest hurdle some people have to overcome is actually getting qualified for a loan.

We want to make sure you get approved from the start, so we have compiled a list of 3 fundamental requirements that you will need to qualify for a loan. If you take care of these 3 things, there is a great chance that you are on your way to buying a new home. Here they are:

1. You must have a steady income, and no job changes in the last 2 years. 
2. Your credit score must be high. Generally, a score over 650 is good, but a lot of programs require scores in the 700's.
3. You need to be able to afford a down payment, which can be anywhere from 3% to 20% of the home price.

If you have any questions for us, be sure to give us a call or send us an email. We look forward to hearing from you!