For more than 20 years, Envoy Mortgage has worked hard to give our customers a faster, easier, and more successful financing experience. Our 98% customer satisfaction rate proves that our people, systems, and technology are up to the task. Here are just some of the reasons why working with Envoy is the right choice:
If your home buying journey feels like it’s taking too long, don’t worry. It’s not uncommon for buyers to need more than a few months to find the right house, and taking a break can be better than getting burnt out. Starting your search again gives you an excellent opportunity to reflect on your latest efforts, reevaluate your priorities, and improve your chances of success. Here are some tips for starting the next leg of your home search on the right foot:
Envoy’s goal is to deliver a fast, easy mortgage process to our customers from start to finish, and our Upfront Underwriting system is a big part of what makes us so successful. The sooner you can prove to a seller that you’re ready to make a purchase, the greater your chances of successfully closing on a home.
Lenders take a hard look at your financial history and personal life while they consider your request for a loan. They’re not doing it to be invasive but to make sure their investment will be protected if they choose to enter an agreement with you. Read on for a closer look at why lenders require so much information and what you should be ready to provide.
Your debt-to-income (DTI) ratio is the percentage of your monthly income that goes toward debt payments: credit cards, student loans, auto loans, and anything else you owe money on. Since getting a home loan means taking on another large debt, it helps to have a low DTI ratio during your mortgage process so lenders know you have enough available income to cover their payments.
It’s obviously very important for you to trust both your lender and your Realtor, but it’s just as important they trust each other. A positive, lasting working relationship between lenders and Realtors is evidence they both get results for their customers, and their close collaboration will make your mortgage process faster and more efficient.