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Do 401(k) Loans Affect Mortgage Applications?
When you apply for a mortgage loan, the lender will look at your debts and income to see if you qualify. You will be required to declare all current sources of income, including salary, business income, investment income, and other sources of income. You must also report any debts that you are currently paying. The…
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Can Closing Costs Be Included In A VA Loan?
Borrowers who have served in the military are eligible for VA loans. One significant benefit of a VA loan is that you can purchase a home without making…
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Who Qualifies For A VA Loan?
A VA loan is a specific kind of mortgage loan made available by the Department of Veterans Affairs (VA). It was previously known as the Veterans Administration. The…
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Can I Get A Mortgage With Unfiled Taxes?
Mortgage lenders and insurance providers often screen out people with a history of paying late or unreliability. The reason for that is…
What Is A Mortgage Commitment?
Buying a house is a complex and time-consuming thing to do. Getting a mortgage loan requires you to be both responsible and…
Can An LLC Get A Mortgage?
A limited liability company, also known as an LLC, is a business structure that protects its owners from personal responsibility for its…