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Home Loan Tip #1 Pay Your BillsIt is very important
that you always pay your bills on time and never
miss a payment. When you have this type of history
paying bills your mortgage lender will believe you
will be just as responsible with your home loan. If
you want to be approved for a home loan, be sure
you are current on all your payments and have been
making them regularly for some time before you
apply for a home loan.

Home Loan Tip #2 Employment HistoryIn general, when an individual
has been employed in the same job for at least two years, or at least the
same type of job for that amount of time, a home loan approval is more
likely So, if you have been in your same job for a year and a half and are
considering quitting or changing jobs, but are also looking at buying a
house, wait until your home loan is approved before you make any

Once you have your home loan, you can make any changes Home
Loan Tip #3 Pay Debt DownYour debt to income ratio is considered when
you apply for a home loan

If you really want to be approved for a home loan then you need to make
sure you pay off as many debts as possible in order to look favorable to
the home loan lenders A home loan is approved for individuals who have
a low debt to income ratio

Home Loan Tip #4 SavingsBefore applying for a home loan,
loandirectorysg make sure you have saved at least 20% of the down
payment and also have enough money to cover several months of your
home loan payment

When you have enough money in savings to cover you if you experience
financial difficulty one month or even two or three then the lender will be
more likely to approve your home loan