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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. See All Tips In The "Financing Your Home" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  How many rooms are there in the U.S. President's primary residence? A  There are 132 rooms in the White House. See More Real Estate Trivia >

Terese Brittingham and Thomas McCouch Sales Team Keller Williams Realty Group 542 N. Lewis Road, Suite 100 Limerick, PA. 19468 Terese's Office Phone : 610-792-5900 x8101 Terese's Cell: 610-574-9271 Tom's Office Phone: 610-792-5900 x8102 Tom's Cell: 610--574-9272 Team Fax: 484-762-8157 Email: teresekw@gmail.com Email: tmccouch@kw.com Terese Brittingham - RM419528 Thomas McCouch - RS205607L www.KWSeven.com is brought to you by Terese Brittingham and Thomas McCouch NUMBER1EXPERT™ in real estate for Montgomery County, Berks County and Chester County, Pennsylvania Read Terese Brittingham and Thomas McCouch's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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