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HOME PURCHASING
Refinancing is the process of paying off your existing mortgage with a new mortgage. Typically, you refinance your mortgage to reduce your interest rate and monthly payment or change the length (or term) of your mortgage. You may also refinance to take cash out from your home’s equity.
HOME REFINANCING
To qualify for a mortgage, lenders typically require that you have a debt-to-income ratio of “31%/50%.” This means that no more than 31% of your total monthly income (from all sources, before taxes) can go toward housing, and no more than 50% of your monthly income can go toward your total monthly debt (including your mortgage payment).
MORTGAGE TOOLBOX
Loan options vary from person to person, life can take you to the highest peaks and even see yourself just floating above water, let us guide you into the right product solution that fits your particular lifestyle.
Get Approved Mortgage, Inc. is your online resource for personalized mortgage solutions, fast customized quotes, great rates & service with integrity. We’re here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way. We will help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.
Apply now for a better mortgage experience through Get Approved Mortgage, Inc.
Apply now for a better mortgage experience through Get Approved Mortgage, Inc.
OUR LOCATIONS
Illinois
2821 Glenwood Ave
Rockford, Illinois 61101
T 888-777-2579 E info@getapproved.mortgage