Mortgage — Application Credit

They looked at the ratio to ensure Sarah and David weren't borrowing more than they could comfortably afford. 4. The Final "Don't"

Lenders use your score to decide your interest rate . A higher score could save them thousands of dollars over the life of the loan. mortgage application credit

Loan Mortgage Underwriting Process Meaning & Tips - Kotak Bank They looked at the ratio to ensure Sarah

To get past the gatekeeper, the couple had to prove they were reliable through the : A higher score could save them thousands of

Just when they thought they were approved, their file went to the —the financial "detective".

Once upon a time, Sarah and David found their dream home: a small cottage with a blue door. They had the down payment saved, but before they could get the keys, they had to face the "Gatekeeper of the Blue Door"—the .