CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the ...

Just as prequalification and preapproval are different, preapproval differs from actual mortgage approval too. In many cases, you can get preapproved for a mortgage by submitting an online ...

"Mortgage rates have been as low as 6% and ... and while we can't predict exactly where rates will go, getting pre-approved now helps you understand your options at current rates," Lewis says.

A HELOC offers homeowners a cost-effective way to borrow money in today's high interest rate climate. /iStockphoto . Home equity borrowing has been a top option for ma ...

What Is the Easiest Home Loan to Get Approved For? Based solely on credit score, an FHA loan is the easiest type to get approved. You may qualify with a score as low as 500, depending on your down ...

Yes, you can still get a mortgage if your credit score is below ... they are subject to change, and your approval will be based on a variety of factors. To see a lender's credit score minimums ...

So in this case, your DTI is 20%. If you're worried that your high DTI may prevent you from getting your desired home loan, you can try to lower it before beginning the mortgage application process.

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are ...

How to Qualify For an FHA Mortgage FHA loans are designed to make homeownership more accessible to those who are unable to get approved for conventional loans. Nonetheless, FHA loans do still have ...