11/29/2023
Lenders consider many factors before deciding whether to approve applicants. You can boost your approval chances once you know what they’re looking for. Here are the five factors that mortgage lenders often consider.
1️⃣ The Size of Your Down Payment
2️⃣ Your Credit History
3️⃣ Your Work History
4️⃣ Your Debt-to-Income Ratio
5️⃣ The Type of Loan You’re Interested In