Lending

Mortgage Quizzes: Which Loan Fits, Your Credit, and Are You Ready?

A minute or two each. Nothing is saved or sent, and each one ends with the pages worth reading next.

Talk to Maggie directly: cell (916) 549-3131 (text or call) · maggie@loveyoursurroundings.coMaggie B. Hopkins, NMLS #349517 · Surroundings NMLS #2528307

What are you trying to do, and which loan fits?

Eight quick questions. You'll get the loan types worth reading about first, and why.

  1. 1. What are you trying to accomplish?
  2. 2. Is anyone who will be on the loan 62 or older?
  3. 3. Are you a veteran, on active duty, or a surviving spouse of a service member?
  4. 4. How do you mostly earn your income?
  5. 5. What kind of home is it?

Answer each question to see your result.

What's your credit picture?

Seven questions about the habits that move a credit score. This isn't your score, but it shows what's helping and what to work on.

  1. 1. What do you think your credit score is?
  2. 2. Any payment 30 or more days late in the last 12 months?
  3. 3. How much of your credit card limits do you usually use?
  4. 4. About how much do you owe on credit cards and other unsecured debt (personal loans, medical bills, store cards)?
  5. 5. How long have you had credit?
  6. 6. New credit cards or loans opened in the last 6 months?
  7. 7. In the last 7 years, any collection, short sale, foreclosure or bankruptcy?

Answer each question to see your result.

Are you ready to buy?

Six questions. You'll see what's already in place and what to line up next.

  1. 1. Do you have savings for a down payment, closing costs and a cushion after?
  2. 2. Has your income been steady for about two years?
  3. 3. How do your monthly debt payments feel next to your income?
  4. 4. Do you know the monthly payment you're comfortable with, with tax and insurance in it?
  5. 5. Have you talked with a lender about a preapproval?
  6. 6. How long do you expect to stay in the home?

Answer each question to see your result.

Talk to Maggie directly: cell (916) 549-3131 (text or call) · maggie@loveyoursurroundings.coMaggie B. Hopkins, NMLS #349517 · Surroundings NMLS #2528307

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It starts with you, not the house

Tell us what’s changing in your life. The house and the numbers fit around that.

Call or text us: (916) 549-3131

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