CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the ...

The full mortgage application takes place after you’ve had an offer on a home accepted. Your lender will investigate your financials and the property you’re purchasing to complete the application.

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 ...

One criteria mortgage lenders use to assess your mortgage application is the debt-to-income ratio (DTI). Your debt-to-income ratio is a comparison of how much you owe (your debt) to how much ...

If your mortgage payments are higher than you can afford, you can apply with your lender for a mortgage modification that will lower your payments to an amount you can handle. In some cases ...

Many, or all, of the below products are offered by advertisers who may compensate us when you visit their websites and/or apply for their ... but having the right mortgage lender can make the ...

Our step-by-step guide details the mortgage application process, explaining what you do and what the lender does. Some or all of the mortgage lenders featured on our site are advertising partners ...