AFFINITY HOME LENDING LLC | (404) 418-7547 | info@affinityhomelending.com

Affinity Home Lending Navigation
  • Home
  • About Us
    • Mission and Pillars
    • Welcome to Affinity Home Lending
    • Staff
    • Testimonials
    • Privacy Policy
    • Legal
  • Mortgage 101
    • Mortgage Basics
    • Mortgage Approval Process
    • Understanding Credit
    • Mortgage Payments
    • Mortgage Rates
    • Home Buying Process
    • Closing Process
    • Mortgage Closing Costs
    • Refinance Process
    • Real Estate Appraisals
  • Loan Programs
    • Conventional Home Loans
    • Jumbo Mortgage Financing
    • FHA Mortgage Loans
    • VA Mortgage Loans
    • Reverse Mortgage Senior Loans
    • 203K Rehab Mortgage Loans
  • Loan Applications
    • Quick Quote
    • Apply Online
  • Mortgage Tools
    • Adopt My Mortgage
    • Mortgage Calculator
    • Mortgage Rates
  • Blog
  • Careers
  • Contact
  • Home
  • About Us
    • Mission and Pillars
    • Welcome to Affinity Home Lending
    • Staff
    • Testimonials
    • Privacy Policy
    • Legal
  • Mortgage 101
    • Mortgage Basics
    • Mortgage Approval Process
    • Understanding Credit
    • Mortgage Payments
    • Mortgage Rates
    • Home Buying Process
    • Closing Process
    • Mortgage Closing Costs
    • Refinance Process
    • Real Estate Appraisals
  • Loan Programs
    • Conventional Home Loans
    • Jumbo Mortgage Financing
    • FHA Mortgage Loans
    • VA Mortgage Loans
    • Reverse Mortgage Senior Loans
    • 203K Rehab Mortgage Loans
  • Loan Applications
    • Quick Quote
    • Apply Online
  • Mortgage Tools
    • Adopt My Mortgage
    • Mortgage Calculator
    • Mortgage Rates
  • Blog
  • Careers
  • Contact
Home Blog Mortgage Approval Process

Category Archive

Below you'll find a list of all posts that have been categorized as “Mortgage Approval Process”

Do I Need To Sell My Home Before I Can Qualify For A New Mortgage On Another Property?

Although every situation is unique, it is not uncommon for homebuyers to qualify for a mortgage on a new home while still living in their primary residence. Perhaps you are outgrowing your current house, or have been forced to relocate …

Read More
Frequently Asked QuestionsReal EstateSellingUnderwriting Guidelines

Ten Things You Can Do To Protect Your Identity

Facts About Identity Theft: It’s estimated that there were 10 million victims of identity theft in 2008, and 1 in every 10 U.S. consumers have reported having their identity stolen. The U.S. Department of Justice reported in 2005 that 1.6 …

Read More
CreditFirst-Time Home BuyerFraudUnderwriting Guidelines

Is There A Rule-of-Thumb Regarding The Number Of Credit Lines To Have Open?

While the actual credit score has a big impact on a loan approval, it’s not the only component of the credit scenario that underwriters consider for a mortgage approval. Since loan programs, individual lenders and mortgage insurance companies all have …

Read More
CreditFirst-Time Home BuyerFrequently Asked QuestionsUnderwriting Guidelines

Alternate Sources For Establishing Credit

While the basic Rule-of-Thumb for acceptable credit history is a minimum of four trade lines documented on a credit report, there are alternative methods of building a credit picture that an underwriter can use to make a decision for a …

Read More
CreditFirst-Time Home BuyerMortgage BasicsUnderwriting Guidelines

What’s The Difference Between A Primary Residence, Second Home and Investment Property?

When applying for a mortgage, a borrower’s “Occupancy Type” is a major factor in the amount of down payment required, loan program available and mortgage interest rate. Whether you are purchasing, doing a rate/term refinance or taking equity out of …

Read More
Down PaymentFrequently Asked QuestionsInvestment PropertyLTVMortgage BasicsSecond HomeUnderwriting Guidelines

What’s My Debt-to-Income (DTI) Ratio?

Debt-to-Income (DTI) is one of the many new mortgage related terms many First-Time Home Buyers will get used to hearing. DTI is a component of the mortgage approval process that measures a borrower’s Gross Monthly Income compared to their credit …

Read More
First-Time Home BuyerFrequently Asked QuestionsMortgage BasicsMortgage TermsUnderwriting Guidelines

Calculating Loan-to-Value (LTV)

Understanding the definition of Loan-to-Value (LTV), and how it impacts a mortgage approval, will help you determine what type of loan amount and program you may qualify for. Since the LTV Ratio is a major component of getting approved for …

Read More
Down PaymentFirst-Time Home BuyerFrequently Asked QuestionsMortgage BasicsMortgage TermsUnderwriting Guidelines

Common Documents Required For A Mortgage Pre-Approval

Even though many lenders are still quoting quick 10 minute pre-qualifications over the phone or online, a true mortgage approval that holds any weight is one that has been issued by an underwriter who has had an opportunity to review …

Read More
First-Time Home BuyerLoan DocumentsMortgage BasicsUnderwriting Guidelines

Top 8 Things To Ask Your Lender During The Application Process

Knowing what questions to ask your lender during or before the loan application process is essential for making your mortgage approval process as smooth as possible. Many borrowers fail to ask the right questions during the mortgage pre-qualification process and …

Read More
Closing CostsCreditFirst-Time Home BuyerFrequently Asked QuestionsGFEMortgage Basics
  • Page 1 of 2
  • 1
  • 2
  • →

Recent Posts

  • Weekly Mortgage Rate Forecast for the week of April 1, 2024
  • Weekly Mortgage Rate Forecast for the week of March 25, 2024
  • Weekly Mortgage Rate Forecast for the week of March 18, 2024
  • Weekly Mortgage Rate Forecast for the week of March 11, 2024
  • Weekly Mortgage Rate Forecast for the week of March 4, 2024
  • Home
  • About Us
  • Mortgage 101
  • Loan Programs
  • Loan Applications
  • Mortgage Tools
  • Blog
  • Careers
  • Contact

NMLS # 1181151

NMLS CONSUMER ACCESS

LICENSED IN:
Georgia
Alabama ● Arkansas ● Colorado
Florida ● Iowa ● Louisiana
Michigan ● Mississippi ● North Carolina
Ohio ● Oklahoma ● South Carolina
Tennessee ● Texas ● Virginia

TEXAS COMPLAINT DISCLOSURE

84 Church Street, Suite A, Marietta, Georgia 30060
404-418-7542

136 4th Street N, Suite 2105, St. Petersburg, FL 33701
727-709-7473

Equal Housing Lender

COPYRIGHT 2022 — AFFINITY HOME LENDING LLC

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset