Shyann Brantley_MLO

When desiring to purchase a home. It’s best to prepare. Walk through the steps. This will avoid miscommunication and misconceptions..

The two main things to folks on when preparing for Home Ownership;

1. Debt vs Expenses…
Debt, is what shows on your credit report…
Focus on lowering your DEBT NOT YOUR EXPENSE…

2. Income;
W2 Employees does not require to show taxes. However your income will state how much money your qualify for.. At $20,000 that mean you can only qualify for $800. That is not subtract your debt😬

Also, when you file your taxes and it shows that you made $50k but wrote off $35k now you only made $15k. So decide if you want a large refund or you want to be able to qualify for some money😚

Self Employment
Must have two years of income taxes. Same scenario as above on how you qualify. 

Client found a home more than the original approval. No problem, we will get you what you need. How about with a lower interest also!