Review reports early
Correct genuine reporting errors before a time-sensitive application when possible.
Mortgage readiness
Mortgage Readiness Checklist
Organize credit, debt, savings, and documents before speaking with a licensed mortgage professional.
Calculate debt-to-income
Estimate recurring monthly debt compared with gross monthly income.
Avoid new obligations
New accounts and balances may change underwriting calculations.
Build reserves
Prepare for down payment, closing costs, inspections, moving, and emergency savings.
Organize documents
Collect income, tax, bank, housing, and debt records requested by a lender.
Use licensed professionals
Only a lender or licensed mortgage professional can determine eligibility and terms.