Becoming a BulletProof Buyer
You are buying your largest asset. You should take more than three minutes to get qualified.
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Let's start with a Dreams and Goals call to really understand why you're buying a house. What are your long-term plans? ​
Step One: Your Credit:​
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Do we need to increase your score?
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Every extra point helps​
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Do we need to remove disputes?
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Do early as removing them may lower your score​
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How much do you owe in collections
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Did you have a bankruptcy?
Step Three: Your Income:
Determining your Qualifying Income:
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Are you a salaried employee?
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Do your hours vary each week?
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Do you get overtime?
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Do you have a part-time job that you need to use for qualifying income?
Self-Employed:​​
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How long have you been self-employed?
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Is your income declining?
Step Two: Your Budget
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Where does your money go each month?
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What is your residual income at the end of each month?
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How much are you saving each month?
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Do you have other future monetary plans?
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Do you make large deposits?
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Do you deposit cash?
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Do your recurring payments match the payments on your credit report?
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Two-month seasoning is required for large deposits, so make them well before you go under contract.
Step Two: Your Employment:
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Do you have a two-year history?
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Do you have a job gap greater than six months?
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Do you have a part-time job?