7 MUST Do Mortgage Application Tips for First Time Buyers - How to Prepare Properly

February 23, 2020

7 MUST Do Mortgage Application Tips for First Time Buyers - How to Prepare Properly. Millennials lying on their mortgage applications

7 MUST Do Mortgage Application Tips for First Time Buyers - How to Prepare Properly video duration 17 Minute(s) 23 Second(s), published by alexkerrmortgage on 21 06 2019 - 13:39:03.

7 Mortgage Application Tips for First Time Buyers - How to Properly Prepare and apply for a Mortgage Application
Are you wondering how to apply for a Use this great guide to find out what documents you need for your first time buyers mortgage application
This simple video from Debbie Cheevers Qualified .

Understanding the Mortgage Loan Application Process Cary, NC The Mortgage Process Cary, NC https://cary.mortgagebroker.pro/the-mortgage-process The Here's a link to some tips on things NOT to do after you've applied for the mortgage: http://bit.ly/307W2N1

7 Mortgage Application Tips for First Time Buyers - How to Properly Prepare and apply for a Mortgage Application. Are you wondering how to apply for a mortgage ?

In this video I provide 7 critical preparation tips you MUST do before applying for a mortgage, around documentation and registrations.

**** Show Notes, and Resources ****

*ID, address and mortgage documentation required - https://mortgagechain.co.uk/wp-content/uploads/2019/06/Mortgage-Documents-Checklist.pdf

*Tax documents Guide for business owners – https://mortgagechain.co.uk/wp-content/uploads/2017/09/Tax-Docs-Guide.pdf

*Gifted deposit template – http://mortgagechain.co.uk/wp-content/uploads/2017/03/gifted-deposit-form.pdf

*Check your credit file - Apply for a FREE 30 day trial via checkmyfile who provide both Experian and Equifax reports in one report: https://www.checkmyfile.com/credit-report.htm?ref=alexkerr&cbap=1

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***Quick affordability calculation***

Income (single or joint) - liabilities x 4.5 = mortgage amount

Example. 50,000 (joint income) - 2,400 (£200 per month loan payment x 12) x 4.5 = £214,200

*Liabilities - When calculating liabilities use 5% of total credit card balances
X 12 – (minus) Loan/HP monthly payments X 12

Ignore loans with less than 6 months to run

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SOCIAL MEDIA: @alexkerrmortgage

Facebook - https://www.facebook.com/alexkerrmortgage

Instagram - https://www.instagram.com/alexkerrmortgage/

Youtube - https://www.youtube.com/channel/UCqCrUkA5ZvwPnw4NEuot4hQ

Linkedin - https://www.linkedin.com/in/alexkerrmortgage/

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**** About This Video **** In this video Alex Kerr from Mortgage Chain, who specialises in mortgages for first time buyers and business owners discusses 7 critical ways First Time Buyers MUST prepare for their first mortgage.

email: alex@mortgagechain.co.uk Book:

Book 10 minute mortgage chat with Alex: https://outlook.office365.com/owa/calendar/MortgageChainLtd@mortgagechain.co.uk/bookings/

Contact: 03333 44 68 69

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⚡QUESTION OF THE DAY: Are you having any problems with obtaining any of the documentation required for a mortgage ? Let me know! 👇👇👇

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE


#FirstTimeBuyerTips #MortgageDocuments #alexkerrmortgage

Other Video about 7 MUST Do Mortgage Application Tips for First Time Buyers - How to Prepare Properly:

Things To Avoid After Applying for a Mortgage

Things To Avoid After Applying for a Mortgage

Here's a link to some tips on things NOT to do after you've applied for the mortgage: http://bit.ly/307W2N1.

Millennials lying on their mortgage applications

Millennials lying on their mortgage applications



Mortgage application guide for first time buyers

Mortgage application guide for first time buyers

Use this great guide to find out what documents you need for your first time buyers mortgage application
This simple video from Debbie Cheevers Qualified .

Understanding the Mortgage Loan Application Process  Cary, NC

Understanding the Mortgage Loan Application Process Cary, NC

Understanding the Mortgage Loan Application Process Cary, NC The Mortgage Process Cary, NC https://cary.mortgagebroker.pro/the-mortgage-process The .

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