Tips on Getting Your Mortgage Loan Approved

Written by Chris Rocks


What is important to lenders?

Not every applicant is approved for a home loanrepparttar first time he or she applies. For a variety of reasons, even after a lot of hard work, sometimes a loan just can’t be approved. It may have to do withrepparttar 112176 applicant’s credit or savings history, employment stability, debt structure, orrepparttar 112177 value ofrepparttar 112178 home. The good news is that a denial is merely a detour, not a roadblock. Purchasing a home takes planning, discipline and hard work! Follow these tips and with our assistance, homeownership is not out of reach.

Establish a consistent record of paying bills on time.

Before making a loanrepparttar 112179 size of a home loan, most lenders will want to review how you have handled your credit inrepparttar 112180 past. This includes all credit accounts, including utilities, revolving debt (credit cards, etc.), and installment debt (car loans, student loans, etc.). It is critical for you to bring all overdue bills up to date immediately and begin paying them on time in a consistent manner.

Establish a consistent record of steady employment.

Lenders are more likely to look favorably on an applicant who has been inrepparttar 112181 same (or similar) line of work for generally two or more years. If you have been working steadily for less than two or more years, expectrepparttar 112182 lender to ask why. There are many acceptable reasons, including:

A simple stock trading system that's free

Written by Trader Jack


I am often asked by relatively inexperienced traders whether there is a simple method that they can use that is consistently profitable. The answer is yes, and better still, it works in both a day trading timeframe and a swing trading timeframe. Heck, it even works if you want to 'buy and hold' your stocks! Basically, this system allows you to build up chunks of equity in your favorite companies at effectively zero cost.

Sounds too good to be true, doesn't it? Surely it must be a complicated stock trading system, with high drawdowns and large risk? Nope. So why do I offer it here for free? Becauserepparttar Trader's Collective asked me, simple as that. Right, here we go.

Choose your target security or stock, and wait for it to start moving upwards strongly. This could be becauserepparttar 112175 whole market is in an upswing, or perhaps your chosen stock is forging ahead on good news. Buy a round lot ofrepparttar 112176 stock, say 1,000 shares. Immediately put a limit order on it to sell 90% ofrepparttar 112177 stock at a price that will recover ALL your costs (including dealing costs). Say forrepparttar 112178 sake of argument that you spent $10,000 onrepparttar 112179 stock (at $10 per share, obviously), and $25 on execution fees, you would be looking to sell 900 shares at about $11.14 or better. This would recover your initial outlay of $10,025 and leave you holding 100 shares of your favorite company, completely free!

Ah, you say. Excellent. But hang on! What happens if it doesn't hit a ten percent rise anytime soon? Or worse, starts to fall? Welcome torepparttar 112180 world of stock trading, where losses are also possible! The key to successful trading is to control any losses you incur. This means firstly setting a rigorous stop loss that will trigger automatically, and secondly trying to ensure that your entry criteria give a better than average chancerepparttar 112181 stock will moverepparttar 112182 right way. Let's look at that second point first.

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