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Belco's Online Banking

Archive for August, 2022

A young couple filling out paperwork in order to qualify for a mortgage.

Qualifying for a Mortgage: What You Need to Know

access_time Posted on: August 8th, 2022

Qualifying for a mortgage is a big step on the way to becoming a homeowner. Here’s what you need to know about credit checks, pre-qualification, income verification, and down payments. How to Qualify for a Mortgage Qualifying for a mortgage means you are firmly on the road to becoming a homeowner, but getting there can be a nerve-wracking process! Let’s take a look at what goes into a typical mortgage approval process and answer some of the questions you may have. What Do You Need to Qualify for a Mortgage? To qualify for a mortgage you’ll need to demonstrate to your bank or credit union that you’re willing and able… read more »

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