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Choose... Extraordinary
Sara and her team are extremely dedicated and knowledgeable. You know that you are in the hands of a professional when you work with Sara and Team Klaw. By becoming an expert in her market, Sara enables her clients to sell and buy at the right price with the least amount of hassles.
Pete HorisznyAssistant Vice PresidentHome Banc
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Financing Your Home >Qualifying Guidelines
It may be difficult to qualify for a home mortgage loan. As a buyer, you may find the perfect home, but finding the perfect financing might become elusive. After you complete the application process, your lender may turn you down, which is an upsetting development for any prospective homebuyer. What can be done to remedy such a setback?
The answer depends on why you were turned down. If your income is too low to satisfy one mortgage company, there might be another company with more liberal qualifying guidelines. If you have had credit problems, some lenders may be more willing than others to help you clear them up in a manner that satisfies their underwriters. If your loan runs into problems, sit down with the loan officer and your real estate agent to investigate the possibility of using a different lender. The first company may be able to "assign" the package to a competitor, enabling you to use your same credit report and appraisal. You will need the cooperation of your sellers, too.
While loan rejections are disappointing, they can be resolved.
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| Q |
Where is the world's largest art gallery?
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| A |
At the Winter Palace and Hermitage in St. Petersburg, Russia, visitors would have to walk 15 miles to see the 322 galleries which house almost 3 million works of art.
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 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
