Congratulations on your decision to buy a house! You’re one step closer to owning your dream home. Now all you have to do is apply for a mortgage loan and get through the closing process. When you apply for a mortgage loan, the lender will take a snapshot of your financial picture and evaluate your credit history, along with other financial factors.

My coworker, Marc Edelstein, and I put together these 10 steps for you to paint your lender a stable financial picture and increase your chances of getting approved when applying for a mortgage loan.

1. Don’t change jobs, become self-employed or quit your job. When applying for a loan, it is vital that you can verify a stable source of income that can be used to repay the loan. Click here to read more »