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New Orleans, Metairie, Mandeville and Covington Information:
About New Orleans - Moving to New Orleans, Louisiana? Get info here...
About Metairie - Moving to Metairie, Louisiana? Get info here...
About Mandeville/Covington - Moving to Mandeville/Covington, Louisiana? Get info here...
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School Reports - Reports for New Orleans, Metairie, Mandeville and Covington schools kindergarten, elementary, and high schools.
Relocating? - Free real estate information & relocation package if you're relocating to New Orleans, Metairie, Mandeville and Covington, in Jefferson, Orleans County LA.
Go to Main Sitemap - Main sitemap sections include Find New Orleans, Metairie, Mandeville and Covington Homes, For Home Buyers, For Home Sellers, New Orleans, Metairie, Mandeville and Covington Information, Real Estate Resources, and About The Jodi Power Team.
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Financing Your Home >Qualifying Guidelines
It may be difficult to qualify for a home mortgage loan. As a buyer, you may find the perfect home, but finding the perfect financing might become elusive. After you complete the application process, your lender may turn you down, which is an upsetting development for any prospective homebuyer. What can be done to remedy such a setback?
The answer depends on why you were turned down. If your income is too low to satisfy one mortgage company, there might be another company with more liberal qualifying guidelines. If you have had credit problems, some lenders may be more willing than others to help you clear them up in a manner that satisfies their underwriters. If your loan runs into problems, sit down with the loan officer and your real estate agent to investigate the possibility of using a different lender. The first company may be able to "assign" the package to a competitor, enabling you to use your same credit report and appraisal. You will need the cooperation of your sellers, too.
While loan rejections are disappointing, they can be resolved.
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| Q |
What is the average age range of a second-home buyer in the United States?
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| A |
Currently, second-home buyers in America are most often between 41 and 44 years of age. |
See More Real Estate Trivia > |
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The Jodi Power Team Keller Williams Realty 4725 Veterans Blvd. Metairie, LA 70006 504-261-5247 Fax: 504-281-4622 jodipower@NUMBER1EXPERT.com
The Jodi Bruno Power Team Members are Americas Number One Experts in the New Orleans Metropolitan area including Uptown, Lakeview, Metairie, Kenner, North Shore, Slidell and Covington. We are all experts in relocating too.
Jodi and Brett Power have over twenty years of combined experience investing and selling real estate. Jodi has been a consistent top sales producer in all of her work experience. We offer professional expertise in all areas of Real Estate. Please access “Meet our team” to see all of our licenses and qualifications. We are aggressive in our approach to get the job done for you. Our service and knowledge are second to none. Our goals are simple….. They are yours. We guarantee a quick response. Call us today.   
 
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