Do You Have a Real Estate Related Question? We Will Email You an Answer Quickly. As a top Maui, West Maui and Kaanapali real estate expert, it's our job to help! Please take advantage of our experience and knowledge. Ask us anything about: - Any particular home that is or was on the market. - Neighborhoods and local market trends. - Local demographics and the economy. - Tricks and traps when buying real estate in this area. - Special tax considerations regarding real estate. - Specific questions about contracts, escrow, and closings. - Anything real estate! It's our job to know EVERYTHING about real estate! Ask us anything. There are no dumb questions! It's FREE, and we promise to get back to you quickly... 
 |
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.
|
|
|
Mike Gaertner , R(B) ABR
West Maui
Strategic Development Group
Coldwell Banker Island Properties
10
Hoohui Road Suite 109
Lahaina, HI 96761
Toll Free: 888-Me-4-Maui
(634-6284)
Cell: 808-281-7540
Fax: 808-669-8228
Personal:
Mike@MikeGaertner.com
Marianne Gaertner, R(S)
Coldwell
Banker Island Properties
10 Hoohui Road Suite 109
Lahaina, HI
96761
Toll Free: 888-Me-4-Maui (634-6284)
Cell: 808-281-1745
Fax:
808-669-8228
Personal: MLGaertner@aol.com
With over 30 years high level
international marketing, sales and negotiation experience, we are unique to
Maui and well suited to provide the proven expertise, local knowledge and
personal focus you
deserve.
   
www.MakeitMaui.com is brought to you by
Mike and Marianne Gaertner
NUMBER1EXPERTS™ in real estate for
Maui, West Maui and Kaanapali, Hawaii, vacation, luxury Read Mike and Marianne Gaertner 's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERTS™ 
