Question : What do mortgage lenders look at when deciding to qualify you?
We want to start taking the steps to first time home ownership but I’m curious, what do mortgage lenders look at when deciding to qualify you for a mortgage. I just want to make sure we get ourselves in order so that when its time to go to the bank we will be prepared and maybe improve our chances of getting a loan.
mortgage lenders

Best answer:

Answer by stormpetrel99
Credit score
Debt-to-income ratio
Stable income/jobs
Down payment cannot be a gift (they will check your bank statements).