So Can You Move In?

All My Sons of Nashville helps you understand the basics behind applying for a mortgage, especially during these harsh economic times. If you skip to new jobs constantly, especially in various industries, you’ll be considered a high risk for the banks. Even if you have a steady income, it has to be relative to the type and amount of loan you want. If you’re self-employed, you have to be able to show that you’ve had income for at least two years and have the documents to prove all that along with tax returns of course. In order to get a mortgage so you can move into your dream home, the Nashville moving specialists remind you that you’ll have to have great payment history and great credit scores too. You have to have a history of paying on time and paying all the time. If you don’t have this type of history, even if you can get a loan, it will not be under the best terms. The type of residential property you’d like to move into also makes a difference on whether or not the banks give you a mortgage loan. Condos, log cabins, single-family homes all have different levels of risks for the banks. That risk is based on past experiences with other borrowers. We hope these tips help you in understanding what it takes to buy, own and move into a home.