Qualifying for a Home Loan

There are over a dozen factors that can affect your ability to qualify for a home purchase loan. Those factors include:

• Credit score
• Types of credit you use and the age of your credit accounts
• How much of your available credit you have utilized
• Whether or not you have had late payments on any of your accounts
• Credit collections
• Judgments
• Tax liens
• Income and job history
• Debt to income ratio
• Rental history
• Loan to value
• How much money you have in the bank
• Bankruptcies
• Previous foreclosures

CarePlus Financial's American Home Buyer's Service is designed to help you address any of the above points you need to address in order to become qualified for a home loan. The program is based on a great deal of research and hands on experience helping people improve their financial situations so they can qualify for a home loan. Though many of the listed factors have to do with your past credit history, some of the do not. It is possible to have an acceptable credit score and still be declined for a home loan due to one or more of the non-credit factors. That is why the American Home Buyers Service is tailored to your needs and will address only the areas that need to be addressed based on your financial situation. CarePlus Financial provides you with the structure, the knowledge and the guidance you need in order to successfully address each of the above points so you can qualify for a home loan.

Need help in any of the above areas? Get a free consultation