Tag Archive for: qualification

How Much Income Do You Need To Buy A $1 Million Dollar Home

The subject line for my blog is a common topic that lenders use for consumer blogs for search engine optimization (or “SEO” - or an entity’s efforts to draw readers to its website). And, here is the answer to the question: You need anywhere from $100,000 to $300,000 in income to buy a $1 million dollar home right now.Read More

Loan Buybacks Are Surging and DANGEROUS!

Russian Mobster Sending Me Lots of Business Around 2004, an agent referred a Russian gentleman to me for a purchase. He was very wealthy, very well-dressed, very polished, very serious […]Read More

What Credit Score Do I Need To Buy A Home?

When looking to buy a home, many will ask themselves, "what credit score do I need?" This will depend on the type of mortgage loan you're applying for as well as the mortgage lender you work with. Even if you do not have perfect credit, or in fact, have a poor credit score, it's still possible to get a home loan.Read More

“I’m Having My Best Year Ever; Why Don’t I Qualify?” “What Are My Options?”

The title of this blog is a lament we hear all too often from self-employed borrowers, and last week was no exception, as we received an email that said exactly […]Read More

When The Ultra-Wealthy Don’t Qualify For Mortgages

WHY GO THROUGH HELL IF I CAN JUST WRITE A CHECK FOR THE ENTIRE PROPERTY? I had dinner last night with an extraordinarily successful woman who made this comment about […]Read More