Infographics: How to become a perfect borrower

Before you begin the mortgage lending process with your bank, it is recommended to clarify just what your lender expects from you as you go through the process. When you know what questions the lender will be likely to ask, you can better plan out your answers and hence increase your chances for success.

Below you may find an infographics by Spodek Law Group that highlights a few key aspects of how to become a perfect mortgage borrower:

  • Credit card capacity
  • Job stability
  • Low DIT (Debt-in-Income) ratio
  • Refinancing based on low equity payment
  • Patience and dedication

Via: Spodek Law Group

MyMG Team

MyMG Team

We are a small group of professionals specializing in the field of project management. We wish you succeed in your career, business, studies, or whatever else you think is worth your time and effort. Pleased to know that our advice is helpful for you.

You may also like...