For loan numbers more than $3MM (otherwise $2MM to have capital characteristics), consumers need see post-closure advantage criteria to help you be considered

When debating ranging from leasing compared to. purchasing, you ought to consider your life and you will earnings. When you find yourself leasing also provide a great deal more independence, home ownership enables you to create equity regarding the possessions and might offer tax benefits. An excellent preapproval lies in a glance at earnings and you can asset recommendations you give, your credit history and you can an automated underwriting system remark The fresh new…

Continue reading