How Employment Gaps Impact Mortgage Applications, Part 2
In part one of this two-part blog series, we went over some of the basics on employment gaps and related issues that may crop up during a mortgage application. Income is a very imp ...
How Employment Gaps Impact Mortgage Applications, Part 1
There are several factors that will play a role in how lenders view your mortgage application, and one such factor is employment history. Lenders need to know that their approved b ...
Preparation Tips Ahead of Mortgage Pre-Approval, Part 2
In part one of this two-part blog series, we went over some of the basics for preparing yourself for mortgage pre-approval. Pre-approval is a valuable process that helps you unders ...
Preparation Tips Ahead of Mortgage Pre-Approval, Part 1
There are several processes you might go through as part of obtaining a mortgage for a new home purchase, and one potential such process is known as pre-approval. One that involves ...
Mortgage Loan Officer Qualities and Responsibilities, Part 2
In part one of this two-part blog series, we went over some of the primary roles and responsibilities carried out by loan officers during the mortgage process. Often referred to as ...
Mortgage Loan Officer Qualities and Responsibilities, Part 1
When you or any other potential mortgage client contacts our Altius Mortgage offices, or our partners at Mortgage Ogden, with interest in a home loan, you’ll be directed to one o ...
Determining if a Cash-Out Mortgage Refinance is Right For You, Part 2
In part one of this two-part blog series, we went over some of the basics on cash-out refinancing and what makes it different from other refinancing formats. Cash-out refinancing, ...
Determining if a Cash-Out Mortgage Refinance is Right For You, Part 1
There are several different major processes that may take place within the life of a given mortgage loan, and one of the most common and well-known is refinancing. Referring to any ...
Understanding Debt-to-Income Ratio for Mortgages, Part 2
In part one of this two-part blog series, we went over some of the basics associated with debt-to-income ratio during a mortgage application. Abbreviated DTI, this ratio helps lend ...
Understanding Debt-to-Income Ratio for Mortgages, Part 1
There are several factors that will be assessed by mortgage lenders when you apply for a home loan, and one such factor that’s very important in nearly all cases is your level of ...