Three Rivers Lending

 A mortgage loan is a great financial aid that can help you buy your dream house. Lending institutions provide mortgage loans by approving applications based on certain criterias. Before applying for a mortgage loan, it is important to inform yourself with as much relevant information that will come useful.  In this blog, we will discuss the major criterias of approval and provide effective tips to secure a mortgage loan.   #1 Improve Your Credit Score One of the first factors a lender looks at for mortgage approval is credit score. Your credit score is an indicator of your management with borrowed money. If you have a bad credit score, it is a major deterrent for the lender as it will be quick to come to the conclusion that your chances of defaulting the loan amount is high. Before applying for a mortgage loan, improve your credit score to earn credibility and trust from a lender. Aim to stay above 700 points in FICO score.  #2 Have a Good Employment History Se...

  When choosing a first-time home buying program, you cannot take any chances. Starting from the credit score to the down payment, you need to focus on many things before you move ahead. Even though you may have an option to choose from various options, you need to pay attention to available options before moving ahead. If you wish to go for first-time homebuyers programs in Pittsburgh, PA , you should focus on details before moving ahead. Here are some of the things you should consider when you wish to choose first-time home buying programs: 1. Categories of the programs One of the first things you should do is focus on the categories of programs before moving ahead. When you have the option to choose from various categories, you should go for nothing but the best. Starting from USDA, VA, or other loans, you need to focus on the features before moving ahead. Once you know what you are in for, you do not have to focus on other things. It will help if you focus on all the options y...