To apply for a non-qualified mortgage, gather necessary documents like tax returns and bank statements. Lenders assess your ability to repay the loan based on factors beyond traditional income ...

Before applying for a mortgage, have a clear idea of how much house you can afford so you can set a realistic budget. This can be as easy as using a mortgage calculator or the 28/36 rule ...

If you plan to apply for a mortgage in the near term, avoid applying for other financial products, such as a credit card, or even a new phone plan, Hinduja says.

Applying for a mortgage is a big step, both towards becoming a homeowner and in terms of your finances. Ideally, when you finally submit your application, you will get approved — and it will be ...

When applying for a mortgage, it’s best to compare at least three lenders, according to the Consumer Financial Protection Bureau (CFPB).

Prequalifying for a home loan is the first step of the mortgage application process. To quickly estimate your monthly payment, use Forbes Advisor’s mortgage prequalification calculator. Simply ...

One major factor lenders consider when reviewing your mortgage application is your debt-to-income ratio (DTI). Essentially, how much of your paycheck goes toward paying down debts. A lower DTI ...

Applying for a home equity loan can be quite a process, so check to see if you meet the requirements before you spend time filling out paperwork. Specifically, you should find out your credit ...